Exxon mobil Stories
Investors Roll the Dice as Apple's Value Booms
The world's most valuable company has turned into a bit of a casino stock.
Russian Election: Putin Back at Helm of Energy Empire
Vladimir Putin declared victory in Sunday's election, but it remains to be seen how much power he'll wield over his country's vast stockpiles of oil and natural gas when he returns to the presidency in May.
Apple Crosses $500 Billion in Market Value: Top 5 American Companies in Terms of Market Capitalization
Apple saw its stock market value close above $500 billion on Wednesday to become the most valuable company in the world at present.
U.S. Stocks Weighed by Economic Data, Earnings
Stocks gave up early gains to turn flat on Tuesday, weighed down by mixed corporate earnings and weaker-than-expected data on Midwest business activity and consumer confidence.
U.S. Stock Index Futures Point to Higher Open
Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 indexes up 0.5-0.6 percent.
Stock Futures Imply Weak Open on Greek Budget Woes
Stock index futures pointed to a weak open on Monday as concerns grew about the state of Europe's finances as Greece and Germany sparred over budget measures for Athens.
U.S. Stock Futures Fall on Eurozone Worries
Stock index futures fell on Monday as concerns grew about the state of Europe's finances as Greece and Germany sparred over budget measures for Athens.
ExxonMobil Sells Stake in Japanese Refining Business for $4B
Japan's second-biggest refiner, TonenGeneral Sekiyu KK, said on Monday its $4-billion purchase of a controlling stake in itself from U.S. oil major Exxon Mobil Corp would help speed business decisions.
Stock Investors in Quest of the Prized 'Golden Cross'
January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.
Total Close to Securing Oil-and-Gas Exploration Rights in Iraqi Kurdistan: Report
French oil firm Total is close to securing exploration rights over several oil-and-gas blocks in Iraqi Kurdistan, the Sunday Times reported. The paper said a deal could be announced within weeks, although it also cited sources close to the situation as saying that the deal could still fall apart.
TonenGeneral Buys 99% of Exxon Mobil's Stake in Japanese Unit for $3.94 Billion
Japan's second-largest refiner TonenGeneral Sekiyu KK said on Sunday it will buy 99 percent of the shares in the Exxon Mobil Corp.'s Japanese unit, ExxonMobil Yugen Kaisha, for 302 billion yen ($3.94 billion) to improve efficiency.
Exxon Mobil to Sell Part of TonenGeneral Stakes: Sources
Exxon and TonenGeneral aim to complete the deal around summer, the sources told Reuters on condition of anonymity.
Exxon Mobil to Sell Some of Its TonenGeneral Stake for About $3.9 Billion: Sources
The Exxon Mobil Corp. plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner in a deal that could be worth about $3.9 billion, with an announcement to be made as early as Monday, four sources with direct knowledge of the matter said.
Wall Street Week Ahead: Quest for the Golden Cross
January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.
iPad 3 Rumors Roundup: From Specs to Release Date and Everything Else in Between
The next generation Apple tablet, dubbed iPad 3, is expected to surface in late February/early March, bringing to a closure the growing rumors about its features and release date. Ever since iPad 2 was unveiled in February last year, Apple fans have been closely watching every move of the tech giant with the hope that they get some hint about the release date and specs of iPad 2's successor.
HOW TO PLAY IT: The Anti-Contrarian on Apple's High
Apple's first quarter in the post-Steve Jobs era was a success.
Wall Street Gains on Fed Statement, Apple Results
Stocks rose on Wednesday after the Federal Reserve said it would keep interest rates near zero through at least 2014 and Apple's spectacular results boosted investor sentiment.
Fed and Apple Reignite Buying on Wall Street
Big profits from Apple and a promise from the Federal Reserve to keep rock-bottom rates for at least two more years powered the U.S. stock market higher on Wednesday.
Wall Street Rises on Apple Results, Fed Statement
The Nasdaq rose on Wednesday, powered by a strong earnings report from Apple, while the Dow and S&P 500 turned higher after the Federal Reserve said it would keep interest rates near zero through at least 2014.
Apple iPhones, iPad Sales Beat Expectations; Shares Up by 8 Percent
Apple Inc's quarterly results blew past Wall Street's expectations after U.S. consumers snapped up near-unprecedented numbers of iPhones and iPads, sending its shares up 8 percent into record territory.
Chavez: Venezuela Won't Recognize World Bank Ruling on Exxon Claim
Venezuelan President Hugo Chavez said Sunday that his country would not recognize a ruling by a World Bank tribunal in a multibillion-dollar arbitration case with Exxon Mobil.
Venezuela Doubts World Bank Ruling in Exxon Mobil Case to be Made in 2012
Venezuela's oil minister said on Saturday he does not expect a ruling in World Bank arbitration with the Exxon Mobil Corp. this year, after another tribunal awarded the U.S.-based company $908 million last week.
Stock Futures Fall as Europe Worries Resurface
Stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
Exxon wins less than expected from Venezuela dispute
An arbitration panel has awarded U.S. oil giant Exxon Mobil Corp $908 million in compensation for Venezuela's 2007 nationalization of its assets, less than 10 percent of what the company sought in a long legal battle with the OPEC nation.
Exxon Mobil Awarded $908 Million in Venezuela Nationalization Dispute
An international arbitration panel has awarded the U.S. oil giant Exxon Mobil Corp. $908 million in compensation for Venezuela's 2007 nationalization of assets, less than 10 percent of what the company sought in a dispute.
Stratfor Hackers Publish Email, Password Data Online
Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses belonging to subscribers of private intelligence-analysis firm Strategic Forecasting Inc., along with thousands of customer credit-card numbers.
Gas Prices - Five ‘Oil Shock’ Stocks
You can rage, rage against gas prices, or you can align your interest with oil producers/refiners by considering shares in an oil play. And here are five.
Imperial says Kearl project costs rise above $28 billion
Imperial Oil Ltd said on Wednesday it will go ahead with an C$8.9 billion ($8.65 billion) plan to double the size of its Kearl oil sands project, even as it said total costs for the massive mining operation have climbed by nearly a quarter.
S&P 500 Stock Buybacks Up 48.8 % in Q3: Led by Consumer Discretionary, Consumer Staples, Energy
S&P 500 stock buybacks increased for the ninth consecutive quarter. As share count begins to decline, some earnings-per-share impacts are expected for the fourth quarter.
Russian Oil-Drilling Rig Sinks: Two Dead, 51 Missing
An oil-drilling rig with 67 crew members on board capsized and sank off the Russian Far East island of Sakhalin when it ran into a storm while being towed, and 51 of the crew were unaccounted for, Russian news agencies reported on Sunday.