With the way oil prices have been moving this year, it is not too surprising that oil giant Exxon Mobil (NYSE: XOM) was able to show yet another record setting quarterly profit this morning. However, despite the record setting quarter, the company still failed to meet analyst expectations. Let's take a look at the numbers; For the quarter, Exxon posted $2.22 per share on profits of $11.68 billion and a stunning ...

It is fair to say that Citigroup (NYSE: C), the worlds largest bank has been in trouble lately. It's stock has been in a downwards trend for the past 12 months, but the stock is getting a nice little boost in the premarket today, following better than expected Q2 earnings numbers. At first glance it looks like a horrible quarter for the company, with a reported $2.5 Billion loss for the ...