Exxon Mobil Corp. said Friday it had net earnings of $1.8 billion, or 43 cents share, in the first quarter, down sharply from $4.9 billion, or $1.17 a share, in the year-earlier period. The oil giant said revenues slid to $48.7 billion from $67.6 billion. The FactSet consensus was for EPS of 31 cents and revenue of $44.8 billion. "The organization continues to respond effectively to challenging industry conditions, capturing enhancements to operational performance and creating margin uplift despite low prices," Chief Executive Rex W. Tillerson said in a statement. Sharply lower commodity prices and weaker refining margins were partly offset by strong results from the company's chemicals business, where earnings rose 38% to $1.4 billion. Shares rose about 1% in premarket trade, and are up 13% in the year so far, while the Dow Jones Industrial Average has gained just 2.3%.
Valeant Pharmaceuticals International Inc. filed its overdue annual report on Friday morning, resolving the looming danger of debt default and at the same time revealing a number of new investigations into its business practices.
The Japanese economy is a paradoxical mixture of prosperity and failure. And, in a significant way, its prosperity makes its failures difficult to address, says Martin Feldstein.
There are plenty of reasons to visit Finland: This is not one.
Highly regarded University of Mississippi offensive lineman Laremy Tunsil saw his stock plummet at the NFL Draft on Thursday night after a video of him smoking marijuana from a bong ...
Stocks struggled to log monthly gains for April on Friday as a series of sour earnings reports and disappointing economic data raised doubts about ...
It’s the last trading day of April, and stocks are stumbling toward the finish line. What’s an investor to do?
Analysts had nothing but praise for Amazon on Friday, talking of shares ready to march much higher and a company that looks unstoppable in its space.
It’s hard not to be cynical about Wall Street analysts. But it turns out we can become better investors by understanding their behavior patterns.
With the U.S. confronting an obesity epidemic that shows no signs of abating, some doctors and scientists are divided on just how dangerous extra weight is.
This year’s rally has legs, spurred by the right economic conditions, writes Michael Brush.
Oil futures turn lower, pressured by a report that said April production from the Organization of the Petroleum Exporting climbed
There is still a week before Marvel’s “Captain America: Civil War” swoops in to officially kick off the summer movie season, but the superhero flic...
Oil futures pared their loss after data from Baker Hughes showed that the number of active U.S. rigs drilling for crude fell by 11 to 332 as of Fr...
VF Corp. said on its earnings call that the ‘Damn Daniel’ viral video, starring a teen wearing white Vans shoes, drove sales.
Pacific Fertility Center medical director Dr. Eldon Schriock joins Lunch Break with Tanya Rivero and discusses the growing trend of women thawing t...
When you want a company to be Revolutionary, it needs the sort of leadership that continues to look for areas to conquer and new spaces to invent, ...
The relationship between gold and the yen continues to be a strong as another hard move by the yen as boosted gold and had an adverse effect on sto...
We had a three-day move earlier in the year that was large enough to suggest we wouldn’t see a bear market for at least another 12 months, and that...
While a drop earlier in the year actually provided a buying opportunity, we recently recommended a short, and have no reason to change it at the cu...
Sarepta Therapeutics (SRPT) continued its rollercoaster ride on Friday, rising despite a downgrade from Jefferies.Analyst Gena Wang cut her rating ...
Billionaire hedge fund manager Carl Icahn CNBC’s Scott Wapner that he believes in commodity stocks but also that, "There will be a day of reckoning...
Japan's stock market is closed for a holiday, but the Japanese yen continues rising, up 0.7% to 107.38 lately.Everyone wants to know what will happ...
Ever since Carrier announced a plan to move a manufacturing plant to Mexico from Indianapolis, presidential candidate Donald Trump has repeatedly c...
Former U.S. diplomat R. Nicholas Burns says Donald Trump doesn’t appear to have the in-depth knowledge—about the world, history, economics, politic...
Indiana’s Republican governor endorsed Ted Cruz on Friday, just days before the state holds its critical presidential primary.
If the head judge on “Top Chef” worries that the high-end food he buys isn’t always what it says on the wrapper, what hope do you have?
To curb an opioid crisis particularly prevalent in young people, a company will offer a free carton of antidote to each U.S. high school.
Take a lesson from Laremy Tunsil and safeguard your Twitter account
If you’re not afraid of 110-proof tequila.
|30 yr fixed Jumbo||4.15%|
|30 yr fixed||3.65%|
|15 yr fixed||2.78%|
|10 yr fixed||2.74%|
|30 yr fixed refi||3.69%|
|15 yr fixed refi||2.81%|
|5/1 ARM refi||2.99%|
|$30K Home Equity Loan||4.54%|
|$50K Home Equity Loan||4.19%|
|$75K Home Equity Loan||4.19%|
|$100K Home Equity Loan||4.16%|
|5 yr CD||1.26%|
|2 yr CD||0.73%|
|1 yr CD||0.54%|
|MMA Savings Jumbo||0.35%|
|60 Mo Used Car||2.63%|
|48 Mo Used Car||3.40%|
|36 Mo Used Car||3.62%|
|72 Mo New Car||2.99%|
|60 Mo New Car||3.34%|
|48 Mo New Car||3.21%|
|60 Mo Auto Refi||2.87%|
|36 Mo Auto Refi||2.62%|
|Avg. APR||Last Week||6 Months|
Quentin Fottrell answers your questions about inheritance, tipping, weddings, re-gifting, or any tricky money issues relating to family and friends. Have a question? Send it to the Moneyologist.
Relatives face a financial paper chase after a beloved relative dies.
One man says his spouse is spending their retirement savings.
This wife’s name is not on the deed of her husband’s house.
Two sisters fall out over their father’s estate.
Prince Rogers Nelson's sister and a Minnesota judge say that the legendary late musician did not complete a will before his death last week. WSJ's ...
The debate rages over whether a robo adviser can act as a fiduciary.
Having ‘the talk’ about how your life will end.
A 25-hour workweek may offer optimal mental stimulation
Social Security’s new rules affecting "file and suspend" and "restricted application" strategies take effect at the end of this month.
As farfetched as it may seem, you can live your dream of retiring abroad, but make sure to take a few factors into consideration:
The government’s decision to make retirement advisors adhere to a fiduciary standard is a huge win for investors.
One never really knows how much to keep away for a rainy day, but there are some good rules to follow that will help make the decision easier.
Paying in cash can get you a 23% discount.
In exchange for valuable tax breaks from the city five years ago, tech companies have been flocking to San Francisco's low-income Tenderloin and Mi...
The best paying companies in the U.S. aren't necessarily the most glamorous nor the biggest, but they do reinforce the belief that certain careers ...
To escape eye-popping prices in the country’s best-known second home markets, some buyers are turning to less well-known destinations where their d...
S&P Dow Jones Indices will begin tracking the securities, leading fund managers to add them to their portfolios.
While prices have risen dramatically in Los Angeles’ Silver Lake neighborhood, at a higher rate than the average for L.A., there has been less of t...
If you prefer a calm retreat to come home to in an area of Manhattan where it's still possible to find a one-bedroom apartment for less than $1 mil...
The San Fernando Valley continues to offer a great lifestyle to Los Angeles residents looking for a relatively affordable home — minus the citrus o...
Looking at the sales price figures combined with the increase of days on market from 36 to 53 in downtown San Diego, it appears as though buyers ar...