Word: exxon
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DEBORAH KUENSTNER: We are rethinking companies we already own that could surprise the market by initiating a dividend or raising one they already pay--and getting ready to buy more. AIG [0.3%] pays a small dividend and is in this category. We also like Exxon Mobil. They have a decent yield around 2.8%, but our guess is they would do what would be most shareholder friendly, which is to pay out more in dividends...
STEIN: A dividend obviously is more attractive in view of the President's plan. But the tail shouldn't wag the dog. First are the fundamentals of the company. We like energy: Exxon Mobil, Chevron Texaco [4.4%] and ConocoPhillips [3.5%]. They have strong balance sheets and have increased their dividends. We are also looking at health care, including Pfizer [2%]. In the consumer area, companies with reasonable valuations include ConAgra...
...slipping to the past. This time last year, De-Shawto was employed in housekeeping at a motel; she had her full-time pizza job. On her way to work, she would often stop for a cappuccino to go, a little indulgence that she sorely misses. "The ones at the Exxon station are the best," she says wistfully. She has not had one in months...
...consistency of tar, it is unlikely to move anywhere soon. No plans have thus been announced--at least not yet--to try to recover the tanker's 18 million gallons of oil. If the contents leak to the surface, the spill will be twice the size of the 1989 Exxon Valdez disaster
...arrest and fled the country, had been planning an attempt to crash a plane into Singapore's Changi Airport. The airport is now reportedly protected by anti-aircraft missiles, as are the huge refinery facilities on the island's southwest section of Jurong, where multinationals such as Shell and Exxon Mobil maintain large facilities. In mid-October Singapore deployed units of its armored division around the area as further safeguards. By Simon Elegant/Kuala Lumpur...