Wednesday, May 28, 2008

ExxonMobil braces for Rockefeller showdown

It's hard to imagine why ExxonMobil shareholders are so unhappy. After all, the world's largest publicly-owned energy company rode the surge in oil prices to a record $40 billion in earnings last year, making it by far the most profitable Fortune 500 company. Shares are up 10% in the last year, while the S&P500 has fallen by just as much.



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[Source: Financial news of the day - CNNMoney.com]

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