<< Read Full Article
<< Read Full Article
On Thursday, Exxon Mobil(XOM Quote) reported first-quarter profit of $4.55 billion, or 92 cents a share, down from $10.89 billion, or $2.02 a share, a year ago. Revenue was $64 billion, compared with the year-ago quarter's $116.9 billion.
Marathon Oil(MRO Quote) also reported a loss, with profit falling 61% from the year-ago quarter.
In early afternoon trading, Exxon was down $2.08, or 3%, to $66.36. Marathon was losing $1.40, or 4.6%, at $29.11.
In other news, the Labor Department reported a decreased in jobless claims, from 645,000 two weeks ago to 631,000 last week. Personal income and spending, however, were also lower in the month of March. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,366.15 | 1,099.92 | 2,173.14 | 34.87 |
Oil *
79.19
|
|
DOWN
86.53
|
DOWN
9.32
|
DOWN
11.89
|
UP
1.07
|
10 Yr
3.49%
SPDR Gold
118.70
|
|
-0.83%
|
-0.84%
|
-0.54%
|
+3.17%
|
Data delayed 20 minutes |
Connect with TheStreet