Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.



1689 posts

Uber Geek
+1 received by user: 105

Trusted
Subscriber

Topic # 24737 1-Aug-2008 10:35 Send private message

As reported in the Dallas Morning News...
Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest profit from operations ever by any U.S. corporation, but the results were well short of Wall Street expectations and its shares slumped 3 percent.

Quite an amazing statement!

Hard to see them as not blatantly profiteering - it'll be interesting to see what sort of profits the other major companies post.

Edit: Same report lists Royal Dutch Shell as posting a US$11.6 billion profit after "a 33% jump in second-quarter earnings".




Chuck Norris has abolished the periodic table of elements. The only element he recognises is the element of surprise!

Create new topic
BDFL
47934 posts

Uber Geek
+1 received by user: 3540

Administrator
Trusted
Geekzone
Subscriber

Reply # 153242 1-Aug-2008 10:37 Send private message

"Greed is good".

But there's a big bubble ready to burst.






1689 posts

Uber Geek
+1 received by user: 105

Trusted
Subscriber

  Reply # 153309 1-Aug-2008 13:57 Send private message

BP - £6.7 billion (US$13.4 billion) for first half.  Article here.
Shell (UK) - £13.9 billion (US$27.5 billion) - timeframe not given.  Apparently their profits are "satisfactory".  Article here.




Chuck Norris has abolished the periodic table of elements. The only element he recognises is the element of surprise!

Create new topic








Twitter »
Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when new jobs are posted to our jobs board:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:




News »

Trending now »
Hot discussions in our forums right now:

Forms of government for New Zealand
Created by charsleysa, last reply by KiwiNZ on 20-Apr-2014 18:55 (120 replies)
Pages... 6 7 8


MH370 - Call for Search & Rescue Help
Created by DS248, last reply by Sideface on 17-Apr-2014 17:28 (735 replies)
Pages... 47 48 49


why does the tax payer have to pay for the prince and princess' 6 star holiday?
Created by joker97, last reply by Geektastic on 17-Apr-2014 15:49 (67 replies)
Pages... 3 4 5


Naked Broadband, who's made the switch.
Created by Presso, last reply by richms on 20-Apr-2014 23:04 (31 replies)
Pages... 2 3


galaxy s4 now on 4.4.2
Created by nzrock, last reply by jeffnz on 20-Apr-2014 14:10 (59 replies)
Pages... 2 3 4


Whats the best wife friendly media centre?
Created by amorpeth, last reply by jonolynn on 19-Apr-2014 20:20 (14 replies)

Snap suffering Trans-Tasman congestion 18/04?
Created by Lias, last reply by NonprayingMantis on 19-Apr-2014 00:05 (26 replies)
Pages... 2


Help ! Home business connection and VDSL dead. yikes.
Created by Scotsman, last reply by Scotsman on 17-Apr-2014 21:10 (26 replies)
Pages... 2



Geekzone Live »
Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.