Exxon investors put exec pay issue above climate
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Exxon Mobil Corp.  spent much of  its annual meeting on Wednesday defending its environmental  policy, but shareholders of the world&#39;s largest company were  more concerned with its executive pay and governance practices.
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Investors will be getting a lot more information about CEO pay and perks this year.
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Stocks rose on Thursday as a gain of more than $1 a barrel in oil prices boosted shares of energy companies, including Exxon Mobil Corp. , offsetting disappointment over profit reports from Bear Stearns  and Goldman Sachs .
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Battered energy shares like Exxon Mobil rebounded as investors bet that interest rates would not rise anytime soon.
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Some companies are dealing with rising oil costs in unique ways.
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Exxon Mobil Corp. Thursday reported the biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil prices.
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HOUSTON -- Oil giant Exxon Mobil Corp. said yesterday it will spend some of its record profits on more than 20 new global projects in the next three years, investments expected to add 1 million oil-equivalent barrels a day to the company's volumes at peak production.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Monday posted the  biggest quarterly profit ever for a U.S. company -- $8.42  billion -- driven by high crude oil and natural gas prices.
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A group of investors argues that an analysis of a companyâs pay practices can provide similar insights into managerial confidence.
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It doesn't always mean taking money from outside shareholders to pay insiders.
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When it comes to the issue of climate change, Exxon Mobil says it has been misunderstood.
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One investor group has labeled 10 companies as 'laggards' in responding to climate change.
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Top executives at three big U.S. oil  companies defended record profits on Sunday as necessary to  finance future investment, and one cautioned that summer  gasoline pump prices could go higher with hurricane season  underway.
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Exxon Mobil becomes the latest oil firm to report surging profits, driven by crude's recent record-breaking climb.
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The Dow Jones industrial average  (.DJI) finished at a record high on Tuesday, as a rise in oil  prices boosted shares of Exxon Mobil Corp.  and  investors thought a jump in an inflation gauge would not  necessarily lead to increasing interest rates.
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Climate concerns are pushing corporates to do good by doing well. Meanwhile, new research puts a number on the ecological impact of rich country lifestyles on poor ones.
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Today's top news stories are global warming and Exxon's $40 billion 2006 profits. Oil companies should use some profits from the activities that cause global warming to develop fuel-efficient, low-emission tech. In Autopia.