U.S. stocks torn between corporate results, data

Date: Tue, 27 Jul 2010 12:01:09 -0400

U.S. STOCKS TORN BETWEEN CORPORATE RESULTS, DATA
U.S. stocks climb Tuesday following a rise in U.S. home prices for May
along with another round of strong earnings.

BP REPORTS $17.2 BLN LOSS, APPOINTS DUDLEY CEO
Embattled U.K. oil giant BP PLC names Robert Dudley its new chief
executive, replacing Tony Hayward, as it reports a $17.2 billion
quarterly loss and takes $32.2 billion in charges linked to its
response to the Gulf of Mexico spill.

BP TAKING $10 BILLION TAX CREDIT FROM SPILL
Oil giant BP PLC will reduce its contribution to U.S. coffers by
roughly $10 billion due to a tax credit the company is claiming it
incurred from the Gulf of Mexico oil spill.

BP APPOINTS ROBERT DUDLEY AS NEW CEO
BP's new chief executive, Robert Dudley, is an industry veteran with
wide-ranging qualifications, but it was his American passport as much
as his in-depth knowledge of Russia and his green credentials that
sealed the deal for the board.

CONTROVERSIAL CLEANUP: BP'S FRAUGHT QUARTER
Gallery of pictures and charts illustrating the oil major's tough three months.