NewRatings.com: Shell Settlement Talks Seen As Peripheral: “News that Shell (SC, RD) is in settlement talks on some class action litigation is not surprising, says KBC Peel Hunt analyst Tony Alves.” (ShellNews.net) Posted 1 April 05
Dow Jones Newswire
0834 GMT [Dow Jones] News that Shell (SC, RD) is in settlement talks on some class action litigation is not surprising, says KBC Peel Hunt analyst Tony Alves. These are "bits of debris that need to be dealt with," he adds. However, the big picture for Shell's management is "where they take the business as a whole."
Other analysts agree, noting that Shell's other main news - reiteration of reserves and 4Q guidance is more relevant. Shares +0.8% at 480p. (MIV)
http://www.newratings.com/analyst_news/article_755697.html
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