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29 Oct 2009 10:25

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Biz: Exxon Mobil’s unbelievable record profits couldn’t last forever

  • $45.2 billion the size of Exxon Mobil’s profits in 2008, helped by super-high oil prices; in other words, they didn’t need a bailout
  • -68% decline Exxon Mobil’s drop in third-quarter earnings; they’re still very profitable, just not THAT level of record profitability source

26 Oct 2009 13:29

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Biz: Verizon gets hit – hard – by lowered corporate spending

  • 30% decline in The Network’s 3Q profits; ouch source

10 Aug 2009 10:31

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Biz, U.S.: When do private economists see the recession ending?

  • Q3 but the recovery is gonna take a little while, they say source