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Michael Bryant
"Exxon to sell part of Tonen stake for $3.9 billion." Does this mean Exxon (
XOM
) is bearish on refiners. Why sell?
http://yhoo.it/yDK7do
1/29/12
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Hillbilly Stock Star
:
Tough biz currently, seen the price of nat/gas liquids ( feed stock ) recently? High as cat's back.
1/29/12
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Larry Smith
:
XOM
is a very disciplined company, if a segment of the company does not provide a rate of return they expect, they will get rid of it,
1/29/12
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