Word: mobility
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Dates: during 2000-2009
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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...
...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...
...Levin targets the brief but headline-making pump-price spikes of spring 2000 and summer 2001 and calls for antitrust action against the industry, he forgets how the got on this merger kick in the first place: the rock-bottom oil prices of 1999. Disappearing profits induced Exxon and Mobil to join forces in search of a vertically integrated economy-of-scale that could find, pump, refine and sell oil without going out business, and the rest of the industry soon followed suit...
Though Bush would later brand Iran part of the "axis of evil," the task force proposed factoring in U.S. energy needs when reviewing sanctions against Iran and Libya. In addition to Exxon Mobil, two other oil giants, Conoco and Phillips Petroleum--each a $25,000 gala donor--have long opposed the sanctions, which deprive them of markets. Conoco president Archie Dunham, an old Cheney pal, visited him March 21 to press the case. Big Oil saw the task force's proposal as a victory, though hopes of lifting sanctions were dashed last summer. Congress voted to renew them...