Thursday, January 31, 2008

SPB News for Thursday.


Shell's 'obscene' £13.4billion profit breaks British record Shell is expected to announce earnings of £13.4billion today - the biggest-ever profit by a British company. The oil giant is likely to report that profits have risen 12 per cent since last year. Critics have branded the earnings "obscene", pointing out that pensioners, motorists and industry are all struggling to afford soaring energy prices.


Earnings Preview: Exxon Mobil 4Q to Rise Analysts, on average, expect Exxon Mobil to report earnings of $1.95 per share and revenue of $114.89 billion during the fourth quarter, according to a survey by Thomson Financial. Skyrocketing crude prices have helped make Exxon Mobil, the world's largest publicly traded oil company and one of America's biggest corporations, even richer in recent years. Citi analyst Doug Leggate expects Exxon Mobil's upstream earnings will set a new record, but refining and marketing profits could fall sharply. He rates the company "Buy."


Pundits are Wrong: More Edwards's supporters will favor Clinton --The Rec Report By Michael Rectenwald Pundits are so often wrong... After all, they missed the fact that Bush would become the most reviled president in history, while we at the CLG told them that from day one. Most missed that the war was being waged on false pretences and that we would find that out, shortly thereafter, while we told them so from the beginning. Most also failed to see that Rudy Giuliani would never make it as a Republican presidential candidate. We didn’t predict that one, as it’s hard to tell which fanatic will appeal to this rather mixed bag of anti-evolutionist, Jesus-loving, compassionate conservative, warmongering party loyalists.



McCain plan to scale back drug benefit gets little attention in Florida If elected president, Sen. John McCain (R-Flip-Flopping-Sociopath-Ariz.) would pursue reforms to Medicare that could lead to hundreds of thousands of Florida seniors losing their current prescription drug coverage. During his run for the White House, McCain has not obscured his view that the drug benefit needs to be scaled back, indeed even bragging about it at times.

1 comment:

airJackie said...

Yes the US oil companies are bringing in big profits but the one who is doing the biggest gains is Halliburton. Yes the CEO of Halliburton has worked hard for 7 years and it's paid off for the shareholders. Such a smart CEO even moved the company out of the US as not to have to pay US taxes.
We should hire that CEO to clean up the US Treasury, oh the CEO of Halliburtion is Dick Cheney.

Yes Dick was suppose to work for the US as VP but that was just a front for the two terms. He accepted the position of VP to work on the Oil contracts for Halliburton. He needs the eavesdropping policy to continue to find out what other companies are doing. No he could care less about Americans or Al Qaeda just businesses conversations only.