Deepwater Horizon is trending on news that Cameron International Corporation ( CAM) will pay oil company BP ( BP) $250 million in relation to the Gol fof Mexico oil spill in April 2010.. Cameron is the manufacturer of the Deepwater Horizon blowout preventer. Both companies said the agreement isn't an admission of liability for either party and both will release potential claims against one another. BP said it will devote the money to its $20 billion trust to pay claims and costs in damages to natural resources. The Deepwater Horizon spill, otherwise known as the BP oil spill, occurred in April 2010 after the explosion of Deepwater Horizon and the subsequent oil gusher that spilled for three months in the Gulf. It was the largest accidental marine oil spill in history.
Internet Explorer is another hot topic. Microsoft ( MSFT) will be integrating a new feature on the Internet browser that will automatically update the browser with the newest and most secure software possible.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.