Results 1 to 12 of 12

Thread: More record profits...

  1. #1 | Top
    Join Date
    Jul 2006
    Location
    Colorado
    Posts
    85,186
    Thanks
    2,512
    Thanked 16,621 Times in 10,578 Posts
    Groans
    2
    Groaned 578 Times in 535 Posts
    Blog Entries
    5

    Default More record profits...

    http://www.marketwatch.com/News/Stor...D490ADEE01E%7D

    Exxon Mobile again hitting record profits.
    Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
    - -- Aristotle

    Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
    - -- The Buddha

    It is the mark of an educated mind to be able to entertain a thought without accepting it.
    - -- Aristotle

  2. #2 | Top
    Join Date
    Aug 2006
    Location
    My shanty
    Posts
    52,839
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    Of course that was the $4 gas quarter.
    Bush doubled the debt from 5 trillion to 10 trillion.
    Proving tax cuts work!

    Bush asked for and signed for the TARP money.
    The Republican senate leader backed Bush on this.

  3. #3 | Top
    Join Date
    May 2007
    Posts
    62,893
    Thanks
    3,736
    Thanked 20,386 Times in 14,102 Posts
    Groans
    2
    Groaned 649 Times in 616 Posts

    Default

    Quote Originally Posted by Damocles View Post
    http://www.marketwatch.com/News/Stor...D490ADEE01E%7D

    Exxon Mobile again hitting record profits.
    HaHa, stock is getting hammered though. Dude next to me in the office owns a bunch of Exxon because hisDad works there and he is all pissed off this morning. It's never funny when people lose money but some dudes are still really funny. This guy is one of him. Just sitting in his cube cussing up a storm. Hilarious!

  4. #4 | Top
    Join Date
    Jul 2006
    Location
    Colorado
    Posts
    85,186
    Thanks
    2,512
    Thanked 16,621 Times in 10,578 Posts
    Groans
    2
    Groaned 578 Times in 535 Posts
    Blog Entries
    5

    Default

    Quote Originally Posted by cawacko View Post
    HaHa, stock is getting hammered though. Dude next to me in the office owns a bunch of Exxon because hisDad works there and he is all pissed off this morning. It's never funny when people lose money but some dudes are still really funny. This guy is one of him. Just sitting in his cube cussing up a storm. Hilarious!
    He should have bought VLO.
    Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
    - -- Aristotle

    Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
    - -- The Buddha

    It is the mark of an educated mind to be able to entertain a thought without accepting it.
    - -- Aristotle

  5. #5 | Top
    Join Date
    Jul 2006
    Location
    Las Cruces New Mexico
    Posts
    10,656
    Thanks
    260
    Thanked 1,630 Times in 874 Posts
    Groans
    8
    Groaned 39 Times in 33 Posts

    Default

    Yet the margin on these record profits were all of 10%

  6. #6 | Top
    Join Date
    Aug 2006
    Location
    My shanty
    Posts
    52,839
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    Quote Originally Posted by Socrtease View Post
    Yet the margin on these record profits were all of 10%
    A higher % than wally world I think.
    Bush doubled the debt from 5 trillion to 10 trillion.
    Proving tax cuts work!

    Bush asked for and signed for the TARP money.
    The Republican senate leader backed Bush on this.

  7. #7 | Top
    Join Date
    Jul 2006
    Location
    Las Cruces New Mexico
    Posts
    10,656
    Thanks
    260
    Thanked 1,630 Times in 874 Posts
    Groans
    8
    Groaned 39 Times in 33 Posts

    Default

    Quote Originally Posted by uscitizen View Post
    A higher % than wally world I think.
    you would think wrong, Wal Marts 4th quarter profits for 2007 were 9.8% wow I guess you WERE right a total of two tenths less. I think what you all should do is just admit that you HATE the oil companies and that you think they should work for us for free, make our gas, sell it to us at cost and don't bitch about it. Because 10% profits are NORMAL for alot of industies. YOu have just decided that Oil is evil because you have to deal with it more directly than other businesses.

  8. #8 | Top
    Join Date
    Aug 2006
    Location
    My shanty
    Posts
    52,839
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    Nationalize em



    just kidding.

    but it may come to that within 10 years or so.
    Bush doubled the debt from 5 trillion to 10 trillion.
    Proving tax cuts work!

    Bush asked for and signed for the TARP money.
    The Republican senate leader backed Bush on this.

  9. #9 | Top
    Join Date
    Jul 2006
    Location
    Las Cruces New Mexico
    Posts
    10,656
    Thanks
    260
    Thanked 1,630 Times in 874 Posts
    Groans
    8
    Groaned 39 Times in 33 Posts

    Default

    And if you go here you can read about Wal Mart's Q 3 profits in which they state that they will have their first ever 100 BILLION dollar quarter top of the page page 4.
    Last edited by Socrtease; 10-30-2008 at 10:43 AM.

  10. #10 | Top
    Join Date
    Aug 2006
    Location
    My shanty
    Posts
    52,839
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    More people shoppling at wal mart vs the mall stores and such in these times.

    I told yall months ago that wally world would survive the recession.
    Bush doubled the debt from 5 trillion to 10 trillion.
    Proving tax cuts work!

    Bush asked for and signed for the TARP money.
    The Republican senate leader backed Bush on this.

  11. #11 | Top
    Join Date
    Aug 2006
    Location
    Federal Way, WA
    Posts
    68,354
    Thanks
    18,375
    Thanked 18,676 Times in 14,049 Posts
    Groans
    628
    Groaned 1,136 Times in 1,080 Posts

  12. #12 | Top
    Join Date
    Aug 2006
    Location
    My shanty
    Posts
    52,839
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Groans
    0
    Groaned 0 Times in 0 Posts

    Default

    Virtually everything will look different next quarter. Perhaps the worst holiday shopping season in 20 years or so.

    I orderd hams and turkeys for my employees today for Thanksgiving.
    Bush doubled the debt from 5 trillion to 10 trillion.
    Proving tax cuts work!

    Bush asked for and signed for the TARP money.
    The Republican senate leader backed Bush on this.

Similar Threads

  1. Is ethanol being smeared for profits?
    By evince in forum Current Events Forum
    Replies: 14
    Last Post: 07-07-2008, 08:38 AM
  2. Cisco profits up Disney profits up
    By Topspin in forum Current Events Forum
    Replies: 9
    Last Post: 05-07-2008, 06:10 AM
  3. Oil company profits tax
    By flaja in forum General Politics Forum
    Replies: 80
    Last Post: 04-07-2008, 11:22 AM
  4. BP to cut jobs after profits fall
    By uscitizen in forum Current Events Forum
    Replies: 25
    Last Post: 02-05-2008, 05:24 PM
  5. One reason BP's profits were up ?
    By uscitizen in forum Current Events Forum
    Replies: 5
    Last Post: 03-21-2007, 10:28 AM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •