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National Briefs: Exxon Mobil settles with New Jersey

2015-03-01 00:46:42| Chemicals - Topix.net

A long-fought legal battle to recover $8.9 billion in damages from Exxon Mobil Corp. for the contamination and loss of use of more than 1,500 acres of wetlands, marshes, meadows and waters in northern New Jersey has been quietly settled by the state for around $250 million. Stakes were high, given the enormous cost experts placed on restoring and replacing the resources damaged by decades of oil refining and other petrochemical operations, as well as of the public's loss of use of the land.

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Exxon Mobil Corporation (XOM), PepsiCo, Inc. (PEP): Investors Are...

2015-02-26 16:37:43| Beverages - Topix.net

While many stocks have seen an increase in bullish sentiment from investors, other companies have not fared so well, which is why investors have been pulling money out of them and investing in other companies instead. There are many reasons why an investor would decide not to invest in a company, such as declines in financial results, some "uninspired" transactions, macroeconomic outlook, etc.

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Apple's Market Cap More Than Doubles That of No. 2 Exxon Mobil

2015-02-24 16:54:09| Chemicals - Topix.net

Apple may or may not be 100 percent better than any other publicly-traded U.S. company, but it is 100 percent bigger. The technology titan's market capitalization now totals more than $765 billion, more than double the $374 billion market cap of No.

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Over pressurization led to Exxon Mobil refinery blast

2015-02-23 21:21:43| Chemicals - Topix.net

Damage caused by an explosion at the Exxon Mobil refinery in Torrance after an explosion in a gasoline processing unit. Damage caused by an explosion at the Exxon Mobil refinery in Torrance after an explosion in a gasoline processing unit.

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5 Reasons Why Buffett Threw In The Towel On Exxon Mobil

2015-02-23 15:12:02| Chemicals - Topix.net

The most recent form 13F filed by Berkshire Hathaway included a big surprise. Buffett decided to liquidate the approximately $4 billion investment in Exxon Mobil .

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