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Exxon Mobil Trading Higher Following Q4 Earnings Report

Posted Jan 31st 2011 3:00PM by Michael Fowlkes (RSS feed)
Filed under: Before the Bell, Earnings Reports, Good news, Exxon Mobil (XOM)

Exxon Mobil Q4 Earnings Report Oil giant Exxon Mobil (XOM) is trading up nicely today after the company reported better than expected fourth quarter earnings this morning.

Before the market opened this morning, Exxon reported that it earned $1.85 for its fourth quarter, shattering analyst estimates for $1.63 per share.

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Google CEO says acquisition prices are still too high

Posted Mar 9th 2009 9:15AM by Zac Bissonnette (RSS feed)
Filed under: Deals, Google (GOOG)

Rumors of Google's (NASDAQ: GOOG) interest in acquiring Twitter have been circulating for months, but the company's CEO says it probably won't happen anytime.

In an interview with Charlie Rose, Eric Schmidt said: "I shouldn't talk about specific acquisitions. We're unlikely to buy anything in the short term, partly because I think prices are still high. And it's unfortunate I think we're in the middle of a cycle. Google is generating a lot of cash. And so we keep that cash in extremely secure banks."

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