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While the council in the spring of 1999 fought over bills endorsing same-sex marriage legislation and urging the University to divest from companies like and Exxon, Chevron and Mobil, today’s council’s biggest debates are over things like funding for student groups...
DEBORAH KUENSTNER: We are rethinking companies we already own that could surprise the market by initiating a dividend or raising one they already pay--and getting ready to buy more. AIG [0.3%] pays a small dividend and is in this category. We also like Exxon Mobil. They have a decent yield around 2.8%, but our guess is they would do what would be most shareholder friendly, which is to pay out more in dividends...
STEIN: A dividend obviously is more attractive in view of the President's plan. But the tail shouldn't wag the dog. First are the fundamentals of the company. We like energy: Exxon Mobil, Chevron Texaco [4.4%] and ConocoPhillips [3.5%]. They have strong balance sheets and have increased their dividends. We are also looking at health care, including Pfizer [2%]. In the consumer area, companies with reasonable valuations include ConAgra...
...fled the country, had been planning an attempt to crash a plane into Singapore's Changi Airport. The airport is now reportedly protected by anti-aircraft missiles, as are the huge refinery facilities on the island's southwest section of Jurong, where multinationals such as Shell and Exxon Mobil maintain large facilities. In mid-October Singapore deployed units of its armored division around the area as further safeguards. By Simon Elegant/Kuala Lumpur...
...ENERGY The oil, gas and utility sector is bringing on finance and marketing graduates to help navigate deregulation. Companies such as TXU, Exxon Mobil and Koch Industries are still hiring. A graying work force means the industry also needs to find a new generation of petroleum engineers, geologists and geophysicists...