Exxon earns nearly $11 billion in first quarter

[spanone]

NEW YORK— Exxon earned nearly $11 billion
in the first quarter, a performance that will
likely land it in the center of the national
debate over high gasoline prices.

The world's largest publicly traded company
on Thursday reported net income of $10.65
billion, or $2.14 per share, in the first three
months of the year. That compares with $6.3
billion, or 1.33 per share. Revenue increased
26 percent to $114 billion.

The results surpassed Wall Street estimates
of $2.04 per share on sales of $112.6 billion,
according to FactSet

The quarter was Exxon's best since earning a
record-setting $14.83 billion in 2008's third quarter.
It comes at a time when some drivers
are paying $4 or more for gas and President
Obama is threatening the oil industry's
multibillion-dollar tax subsidies.

http://www.msnbc.msn.com/id/42796657/ns/business-eye_on_the_economy/#

[LiberalFighter]

1. Maybe we need to change it from earns to something else.

We all know they didn't earn it.

[LiberalEsto]

2. Like "stealings"

or "thievings"

[spanone]

3. they steal with american tax subsidies.....we subsidize these profits

[Atman]

4. We're owned.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=439&topic_id=978147&mesg_id=978147

[randr]

5. The only way to counter their greed is to organize

National no drive days.

[Name removed]

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[Name removed]

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