ExxonMobil (XOM) Declares $0.87 Quarterly Dividend; 5.4% Yield
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Factbox: Apple, Starbucks warn of hit from virus; firms restrict travel, airlines cancel flights
January 29, 2020 5:08 AM EST(Reuters) - Apple (NASDAQ: AAPL) said it had baked into its outlook uncertainty related to a virus outbreak in China that has killed 132 and infected nearly 6,000. Starbucks (NASDAQ: SBUX) warned results would be hit after it shut over half its cafes in the country.
Companies also restricted travel to China and asked staff there to work from home.
Here's what large companies have said about the outbreak:
TRAVEL ADVISORIES/EVACUATIONS/QUARANTINES:
* Facebook suspended non-essential travel to mainland China and told employees... More
At Exxon, CEO's promised turnaround sapped by chemicals, refining
January 28, 2020 2:36 AM ESTBy Jennifer Hiller
HOUSTON (Reuters) - At Exxon Mobil Corp (NYSE: XOM), CEO Darren Woods' plan to revive earnings at the largest U.S. oil and gas company is being sidetracked by the two businesses he knows best: chemicals and refining.
Another year of poor profit could require Exxon to re-evaluate its bold spending plans or weaken its ability to weather the next oil-price downturn, say oil analysts. Exxon already must borrow or sell assets to help cover shareholder dividends.
The worlds biggest publicly traded oil firm after... More
ExxonMobil (XOM) Increases Guyana Recoverable Resources to More Than 8 Billion Oil-Equivalent Barrels, Makes Discovery at Uaru
January 27, 2020 8:05 AM ESTExxonMobil (NYSE: XOM) has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th... More
