Exxon Shares Drop 3.7% on Another Profit Miss
In the first quarter, the benefits of higher oil prices were offset by weakness in Exxon's chemicals and refining businesses.
Exxon Settles Air Pollution Case for $303M
The settlement requires Exxon to spend $300 million on plant upgrades but activists call the $2.5 million fine "a slap on the wrist."
Activists Derail $20B Clariant, Huntsman Deal
The demise of the merger is a "high water mark for U.S. activist investors, which have increasingly turned their attention to European companies."
BASF to Buy Bayer Seed Businesses for $6.9B
The deal may help clear the way for European authorities to approve Bayer's acquisition of Monsanto early next year.
Huntsman, Clariant To Create Chemicals Giant
“This is the perfect deal at the right time,” Clariant CEO Hariolf Kottman says of the merger of equals.