Word: raymonds
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...billion on capital projects. Among other things, ExxonMobil is pushing heavily into the expanding market for liquid natural gas with a $7 billion gas-to-liquids foray in Qatar. But the company's projected capital spending is only $1 billion higher than last year, and even ceo Lee Raymond knows that some shareholders are frustrated that the company isn't being more aggressive about making investments. "When inevitably you ask me how we manage our cash, I will remind you that we take a long-term perspective," Raymond said to analysts recently. "First, we will not do anything stupid...
...Raymond is no dummy. The oil industry is the classic boom-and-bust business, and managing the booms can be as tough as getting through the busts. In previous periods of high oil prices, there has been an ugly history of overspending on poorly conceived projects that quickly soured. ExxonMobil seems determined not to fall into that trap. The company has produced industry-leading returns in recent years by not zigzagging with every change in oil prices. (It's worth noting that ExxonMobil's earnings are less tied to high prices than are those of other major oil companies...
Although Harvard University Dining Services (HUDS) originally planned to stop serving meals after breakfast on Friday, May 27, HUDS will now offer breakfast and lunch for underclassmen at least through Sunday, May 29, according to Raymond R. Cross, HUDS Director for Finance, Information Technology, and Procurement...
...again? In Hollywood, it always has been. In the dream factory's prime, when the major companies cranked out 40 to 50 movies a year and there were no TV or video markets to extend a movie's shelf life, studios briskly recycled many of their properties. RKO filmed Raymond Chandler's novel Farewell, My Lovely as an episode of the low-budget Falcon series in 1942 and then remade it as an A picture (Murder, My Sweet) two years later. In predigital days, directors like Cecil B. DeMille, Leo McCarey and Alfred Hitchcock didn't go back and "improve...
...We’re really excited,” says Jennifer G. Raymond, one of the eight girls who will share their own private house next year...