Exxon Mobil Back On Top As U.S.'s Valuable Company

- Exxon Mobil Back On Top As U.S.'s Valuable Company



Aug 12, 2011

After being surpassed by Apple (NASDAQ:AAPL) on Tuesday, Exxon Mobil Corp. (XOM) shares are again benefiting from a rise in the price of oil. They're up 2% Friday to $73.04, although still down for the week.

Exxon Mobil (NYSE:XOM) has a potential upside of 28% based on a current price of $72.57 and an average consensus analyst price target of $92.88.

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Explosion Rocks Foxconn iPad 2 Manufacturing Facility (NASDAQ:AAPL)

- Explosion Rocks Foxconn iPad 2 Manufacturing Facility (NASDAQ:AAPL)



May 20, 2011

Reports out of China confirm that a serious explosion has occurred at Foxconn's Chengdu manufacturing facility, one of the main producers of Apple's (NASDAQ:AAPL) iPad 2 in China. The strength of the explosion is said to have caused debris to fly from the building and a second explosion is feared. Citizens are being told to evacuate the area. There are reports of at least 7 injuries to workers, and at least 10 fire engines on scene. It is unclear at this time the extent of the damage done and how this will affect production of Apple's tablet. Stay tuned for further updates on this developing story.

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