What's a Realistic Retirement Age?
Farmers Hit the Jackpot in Kansas Oil Boom
BP (BP) announced Tuesday that it completed a sale of assets to Apache (APA). The assets sold were in North America and Egypt and carried a price tag of $7 billion. Previous reports indicated Prudhoe Bay was up for sale, but it turned out not to be the case. According to APA, which has a knack for purchasing older oil wells and squeezing some more money from them, this purchase was a "rare opportunity to acquire legacy positions from a major oil company." The company's CEO, Steven Farris, noted that the company "seldom have an opportunity like this in one o our core areas let along three," adding that Apache will add value to the assets "for decades to come."
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
