EXXON MOBIL

Apple (AAPL)

Apple Tops $700 Mark, Year After Hitting $400

Shares of Apple (Nasdaq: AAPL) surged past $700 for the first time, just a year after topping $400. The move brings Apple's market value to about $650 billion, cementing its 2012 role as the world's most valuable company, ahead of Exxon Mobil Corp. (NYSE: XOM).

Apple Shares Open Tepidly Ahead of iPhone 5 Debut

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Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, rose $2.04 to $662.63, Wednesday in advance of the expected announcement of the iPhone 5 at a product introduction in San Francisco, which isn’t scheduled until late morning.

Apple Shares Set Record Highs Ahead Of iPhone Intro

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Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, set new record highs Friday ahead of next Wednesday’s announcement of a new member of the iPhone family, perhaps the iPhone 5.
Twitter

Can Tweeting The Workday Away Save The Economy?

A new report released by the business consulting giant McKinsey Global Institute, showed that social-media tools stand to add $900 billion to $1.3 trillion to the economy, largely through increased productivity among skilled workers.
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Exxon Mobil Corp

ExxonMobil Is Expected To Report Weak Earnings From Lower Gas Prices

Based on a median estimate among analysts polled by Thomson Reuters, ExxonMobil will report earnings of $1.96 a share on revenues of about $115.08 billion -- a decline of 8.3 percent from the year before. The company will post its second-quarter earnings on Thursday at 10 a.m. EDT.
Exxon Mobil Corp

Exxon Mobil Shelves Shale-Gas Exploration Plans In Poland: Report

The Exxon Mobil Corp. will abandon its shale gas exploration projects in Poland because the company's test wells did not produce commercial quantities of gas, the daily newspaper Gazeta Wyborcza reported, according to Bloomberg News.
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BP Earnings Fall As Gulf Spill Costs Continue To Weigh

BP Plc (BP.L) reported a bigger-than-expected profit drop on the back of a fall in production prompted by the need to sell oil fields to pay for the Gulf of Mexico disaster, raising concerns about the oil group's turnaround plan.
Exxon Mobil

Exxon Mobil Shuts Louisiana Oil Pipeline After Leak

Exxon Mobil Corp has shut the 160,000 barrel-per-day (bpd) North Line crude oil pipeline in Louisiana after a leak spilled 1,900 barrels of crude oil in a rural area over the weekend, affecting a conduit that supplies the nation's third-largest refinery.
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Wall Street Gains But Exxon And Aetna Drop

Stocks advanced in choppy trade on Thursday as another batch of positive earnings and a strong housing report put equities on track for a third straight day of gains.
Chesapeake CEO Aubrey McClendon

Chesapeake Energy Terminates CEO's Well Ownership Program

Chesapeake Energy (NYSE: CHK), the second-largest producer of natural gas in the United States, announced on Thursday that it was stopping a controversial program that gave its chief executive officer a stake in the company's wells.
ExxonMobil

Exxon Mobil 1Q Earnings Fall As Output Slips

Exxon Mobil Corp, the world's largest publicly traded oil company, posted a lower first-quarter profit on Thursday as its oil and natural gas production slumped more than 5 percent, pushing its shares down 1.1 percent premarket.
Chesapeake Energy

Chesapeake Energy To Halt CEO's Well Ownership Plan

Natural gas producer Chesapeake Energy Corp said on Thursday it would halt a controversial program that gave company founder and chief executive Aubrey McClendon an ownership stake in its wells.
A drilling rig in the Eagle Ford Shale in South Texas

Natural Gas Prices Unsustainable For Future Growth, Says Poll

According to a survey released this week, oil and natural gas executives and investors think the price of natural gas will remain below $2.50 per 1,000 cubic feet for the rest of the year -- a level that is too low for the industry's growth.

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