Obama (in meeting with Carl-Henric Svanberg and Tony Hayward of BP) expects to make a statement...

|About: BP p.l.c. (BP)|By:, SA News Editor

Obama (in meeting with Carl-Henric Svanberg and Tony Hayward of BP) expects to make a statement at 12:15 p.m. BP shares that were down more than 4% have jumped into positive ground, now +1.2%, amid rumors it will confirm it's suspending its dividend and agreeing to a $15B-20B escrow fund.