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Exxon Mobil's XOM fourth-quarter profit exceeded $10 billion, roughly flat with the year-ago period, even as revenue declined 9%. The company said earnings were nearly $10.3 billion, or $1.76 a share, in the most recent quarter. A year earlier, Exxon Mobil earned $10.7 billion and $1.71 a share. Excluding items, earnings were $1.69 a share in the latest quarter, 18 cents ahead of estimates. Revenue of $90.03 billion for the fourth quarter dropped 9.4% year over year. Shares of Exxon Mobil were up 50 cents at $74.60 in premarket trading Thursday.
Fourth-quarter profits beat estimates.
Earnings are better than expected.
It cites lower energy costs.
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
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