Exxon Mobil Corporation declared its 2009 first quarter results which were quite depressing if compared to the same quarter last year. Exxon’s earnings for the first quarter of 2009 went down by 58 % while EPS (Earning per share) nosedived by 54% Quarter on quarter compared to first quarter of Year 2008. Exxon Mobil is a petroleum company which has an oligopolistic market structure and […]
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