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When hearing about lithium-ion batteries, one tends to think about cell phones, laptops or the hot hybrid and electric vehicle market. What you don't think about is film separator. But Exxon Mobil Corp. (NYSE:XOM) does. Now an ExxonMobil affiliate has agreed with Toray Industries Inc. to establish a global joint...
Posted on November 6, 2009 3:02 PM
In an interview in Tuesday's Times of London, BHP Billiton Ltd. CEO Marius Kloppers predicts more megadeals in natural resources. The reason: companies like his will find mergers the only way to cope with falling production volumes in a world where easily exploitable assets in various sectors -- oil, gas,...
Posted on August 19, 2008 1:20 PM
Last week we wrote about the unwelcome strategic advice ExxonMobil Corp. chairman Rex Tillerson is getting from shareholder activists who want the company to get greener. This week General Electric Co. experienced a similar bit of of criticism, but from the opposite direction -- a conservative gadfly/investor who complains that...
Posted on June 5, 2008 10:50 AM
As you've heard, Rex Tillerson will be keeping both his chairman and CEO jobs at ExxonMobil Corp., and those pesky shareholder resolutions calling for more alternative energy investments and climate change awareness were voted down at the company's annual meeting on Wednesday. Most shareholders agreed that Tillerson is doing a...
Posted on May 28, 2008 5:20 PM
Rex Tillerson will remain both chairman and CEO of ExxonMobil Corp. Shareholders Wednesday turned down a proposal that would have separated the positions. The proposal was supported by much of the Rockefeller family and 19 institutional investors on the basis that it would bring fresh perspectives from both the...
Posted on May 28, 2008 3:17 PM
An important voice just piped up in that great debate we described in our last few posts on energy companies.Proxy advisers ISS Governance Service (part of RiskMetrics now) has announced it supports the Rockefeller family's push to get Exxon Mobil Corp. to separate the chairman and CEO roles, and to...
Posted on May 9, 2008 11:48 AM
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