XOM Jan 2025 47.500 call
- Reuters
Exxon's deal with unions at Port Jerome refinery to allow job-cutting plan to move ahead
Energy major Exxon Mobil can move ahead with a plan to cut jobs at its Port Jerome refinery in northern France after obtaining a majority agreement this week with unions, a company spokesperson said on Thursday. Exxon said on Monday it had reached an agreement with two of the four trade unions representing staff at the plant, CFE-CGC and CFDT, after negotiations reduced the number of job cuts in France to 608 from 677. The company said in a press release that those deals had enabled it to obtain a majority agreement and that it could now present its draft Employment Protection Plan to the French government for approval.
- Simply Wall St.
Top US Dividend Stocks To Consider In October 2024
As the U.S. stock market steadies following a recent selloff, major indexes like the Dow Jones Industrial Average and Nasdaq Composite have inched higher, reflecting cautious optimism amid ongoing economic developments and geopolitical tensions. In this environment, dividend stocks can offer investors a measure of stability and income potential, making them an attractive consideration for those looking to navigate uncertain market conditions while benefiting from regular payouts.
- Barrons.com
Energy Boost: Oil Stocks’ Run Isn’t Over as Iran-Israel Tension Escalates
Concerns about supply in the Middle East, coupled with rate cuts by the Fed and economic stimulus in China., could push crude. prices and oil stocks even higher.
