Good Morning. It’s Tuesday, February 1, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets advanced, while the European markets are up. BP (BP) resumes quarterly dividend, to pay 7c a share for Q4. BP announces intention to divest two U.S. refineries. BP plans to increase significantly its investment in exploration. BP announces plans to reshape U.S. downstream business. BP says on track to meet $30B of divestments target by end of 2011…Prudential Financial (PRU) announced that the company completed its acquisition of AIG Star Life Insurance Co., Ltd. and AIG Edison Life Insurance Co. in Japan from AIG (AIG) for about $4.8B…Corning (GLW) to acquire MobileAccess…Cavium Networks (CAVM) to acquire Celestial Semiconductor… Alaska Airlines (ALK) employees ratify three-year contract.
