Exxon Mobil XOM is considering exporting liquefied natural gas from the United States, according to reports. Asked whether Exxon planned to export LNG from the United States, CEO Rex Tillerson told Reuters: "We are studying it." Exxon is North America's largest natural gas producer. Natural gas prices in the U.S. are at their lowest in a decade. Shares of Exxon Mobil ticked down 38 cents, or 0.49%, to $77.45 in premarket trading Tuesday. Will Facebook Be One of the Worst Investments Ever?
FedEx FDX announced Monday it is raising its quarterly dividend by a penny to 14 cents a share. The dividend is payable on July 2.
Google GOOG will buy Silicon Valley startup Meebo. Meebo boasts 100 million monthly active users. "We are always looking for better ways to help users share content and connect with others across the Web, just as they do in real life,'' Google said in a statement. "With the Meebo team's expertise in social publisher tools, we believe they will be a great fit with the Google Plus team.'' Terms of the deal weren't disclosed, but reports last month put the price tag at about $100 million.
Coffee company Starbucks SBUX reached an agreement to acquire La Boulange Bakery, a private San Francisco-based bakery chain, for $100 million in cash. Shares of Starbucks fell 1.76% to $52.95 in premarket trading Tuesday. 5 Industrial Stocks Poised for Bigger Dividends
Ulta Salon, Cosmetics & Fragrances ULTA is scheduled to report first-quarter results after Tuesday's closing bell. Analysts are calling for earnings of 53 cents a share in the April-ended period on revenue of $473.9 million.
Earnings also are expected Tuesday from the likes of JA Solar JASO , United Natural Foods UNFI , Bob Evans Farms BOBE , FuelCell Energy FCEL and Mattress Firm Holding MFRM . Defensive Stocks for Quick Trades as Crisis Looms -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.
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