NEW YORK (TheStreet) -- The Obama administration Monday outlined plans to allow deep-water drilling to resume in the Gulf of Mexico on a limited basis. Thirteen companies are to be notified that they may be able to resume activities that had already received approval before the oil spill occurred at the Deepwater Horizon drilling rig owned by BP (BP) last April.
The companies are ATP Oil & Gas (ATPG), up 4% to $17.60 in premarket trading; BHP Billiton (BHP), down 0.2% to $92.74;
Cobalt International Energy (CIE); ENI; Hess Corp. (HES) ; Kerr-McGee; Marathon Oil (MRO); Murphy Oil (MUR); Noble Energy (NBL); Shell Offshore; Walter Oil & Gas and Statoil USA.
Shares of Goldman Sachs (GS) rose 0.7% to $174.26 in premarket trading Tuesday on reports the firm has acquired an ownership stake in Facebook, giving the social networking shop a potential value of $50 billion.
In a Form 8-K filing with the Securities and Exchange Commission late Monday, struggling book seller Borders (BGP) announced the resignation of two executives: Thomas Carney, who served as executive vice president, general counsel and secretary, and D. Scott Laverty, a senior vice president and chief information officer.Shares of Borders rose 1% to 97 cents in premarket trading Tuesday after dipping into the red earlier.
Shares of BP were rising almost 2% to $46.02 in premarket trading on a report that Royal Dutch Shell ( RDS.A ) was interested in a takeover of the British oil company. Royal Dutch Shell was flat at $67.82.
GM (GM) and Ford (F) are expected to release car sales figures for December later Tuesday. GM shares rose 0.9% to $37.39 in premarket trading, while Ford was up 0.5% to $17.34.
News Corp. (NWS) has begun holding meetings toward a possible sale of social-networking site MySpace, CNBC reports. There are no premarket quotes available for News Corp. Shares of the company settled on Monday at $16.48, up 0.4%.
Sonic ( SONC) is expected Tuesday to report first-quarter earnings of 10 cents a share on revenue of $128.9 million. There were no premarket quotes available for Sonic. Shares of the company fell 0.4% to $10.08 at the closing bell Monday. >>Search for Highest Dividends by Rate or Yield
|More on Earnings Today's Top Earnings|
>To contact the writer of this article, click here: Andrea Tse. >To follow the writer on Twitter, go to Andrea Tse. >To submit a news tip, send an email to: firstname.lastname@example.org.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV