Fortunately Exxon pulled one out, took one for the team, and slouched its way to a 91% second quarter profit.
Recession? What recession?
WSJ Online: Refining Business Lifts Exxon's Profit
Exxon Mobil Corp.'s second-quarter earnings jumped 91%...
Thursday, July 29, 2010
Exxon Profits
Phew, I was beginning to worry that big oil was not making enough money.
Fortunately Exxon pulled one out, took one for the team, and slouched its way to a 91% second quarter profit.
Recession? What recession?
WSJ Online: Refining Business Lifts Exxon's Profit
Fortunately Exxon pulled one out, took one for the team, and slouched its way to a 91% second quarter profit.
Recession? What recession?
WSJ Online: Refining Business Lifts Exxon's Profit
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2 comments:
The Fortune 500 are sitting on trillions in profits. But, they're not investing much of it in America anymore. Many of their CEO's however are big flag waving patriots when Gov't policy lines their fat pockets. Their paid pals in Congress want their hefty tax cuts BV$H handed them extended which will swell the deficit they say their so worried about but they beggar the poor and the unemployed a few $$ because it might reward their bad habits. These are hypocrites pure and simple.
Unfortunately there isn't much I can add to what you are saying. Exxon did not layoff people though, I guess that is to their credit.
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