Report: Deepwater Horizon BOP maker may come out smelling like a rose

Bloomberg reports that Cameron International Corp., the manufacturer of the failed blowout preventer (BOP) connected to the ill-fated Transocean Deepwater Horizon platform, could see its fortunes rise out of the devastation.
    
Talk about irony.

Even though the company’s stock has taken a hard fall since the April 20 explosion in the Gulf, it and other drilling gear manufacturers are in position to benefit from stricter safety regulations sure to be implemented.  A trade analysis predicts their shares to rise 41 percent in the next year.

The BOP was supposed to have shut off the runaway well that has gushed millions of gallons of crude onto the Gulf shores.

Cameron is a defendant in scores of lawsuits that have been filed in connection to the event which killed 11 workers and injured 17.