Xto energy
NEW YORK - The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE:
Exxon Mobil, down $3.14 at $69.69
Exxon Mobil will buy XTO Energy in an all-stock deal worth $29 billion to capitalize on the growing supply of natural gas at home.
Exxon Mobil, the world's largest publicly traded oil company, is making a $29 billion bet that pressure to curb climate change will mean natural gas - cleaner than coal and suddenly much easier to reach - will become a crucial source of U.S.
NEW YORK - Shares of natural gas producers jumped Monday as Exxon Mobil Inc.'s $29 billion acquisition of XTO Energy Inc.
NEW YORK - Investors left the safe haven of the dollar Monday as Dubai's $10 billion bailout eased worries over global credit problems, while the euro rose despite anxiety about government debt and credit in euro-zone nations Greece and Spain.
NEW YORK - Easing concerns about debt problems overseas and a $29 billion takeover deal by Exxon Mobil Corp.
