Jul 30, 2007
Exxon Mobil Report Fuels Panic on Street
“Everyone's concerned about credit and that access to capital will be severely restricted. If that happens, nothing gets done.”
U.S. stocks plunged the most in five months Thursday after ExxonMobil Corp.'s earnings missed analysts' estimates and higher financing costs threatened to spur debt defaults and slow takeovers. via Asbury Park Press Online
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