Saturday, November 1, 2008

Cute little piece of press I found

Exxon Mobil has posted another record-breaking quarterly profit. The oil giant earned $14.8 billion in the third quarter, the most ever by a US corporation. That’s nearly 15 percent higher than the previous record Exxon set in the second quarter. Meanwhile, Europe’s biggest oil company, Royal Dutch Shell, also reported high third quarter earnings, rising 74 percent to $10.9 billion.

And what more can I add? OOH! Haw 'bout this?

Oct. 23 (Bloomberg) -- U.S. foreclosure filings increased 71 percent in the third quarter from a year earlier to the highest on record as home prices fell and stricter mortgage standards made it harder for homeowners to sell or refinance, RealtyTrac said.
A total of 765,558 U.S. properties got a default notice, were warned of a pending auction or were
foreclosed on in the quarter, the most since records began in January 2005, the Irvine, California-based seller of default data said in a statement today. Filings rose 3 percent from the second quarter and fell 12 percent in September from August as state laws created to keep people in homes slowed the pace of defaults.

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New York, NY, United States
on a quest to expand my horizons

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