Thursday, August 13, 2009

Good News About Exxon's Profits!!

I recently saw a story in the business section of my local newspaper saying that poor old Exxon/Mobil, whose profits last year was the largest in corporate history, is slipping in its performance. The company stated their second-quarter profit fell 66 percent, a sign that the company was not immune to a weaker demand. The company reported that its net income fell to ONLY $3.95 billion, from $11.68 billion in the same period a year ago. this is the third consecutive quarterly fall in earnings at Exxon. Yippee! Could my suggestion of NOT buying any gas from Exxon or Mobile be working? I'm allowing myself to think that it is! Keep up the good work people!

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