Chevron & Exxon Higher Record Profits
Posted on 31. Jan, 2009 by Simon Banks in Finance
You don’t have to worry about Chevron and Exxon asking for bailout money this quarter. Both companies have posted higher than expected profits once again. Exxon set a new company and U.S. record of $45.2 billion. So don’t fear – oil production and higher gas prices are safe.
What other companies have stayed the course?
Ford Motor Company – I think it is time that Americans take off their hat to the Ford Motor company. If there is ever an American catch phrase that should be used it is not just “Buy American”, but when it comes to automobiles – “Buy Ford”. Why is that? Because even though times have been tough and they thought they might need bailout money – they have yet to ask for it. Even though their stocks are the lowest of the Big Three – they have been working on innovative ways to build better cars and trucks, willing to take a loss and still keep going. Change takes place at home first! Two thumbs up for Ford.
Google – What other name on the Internet is as widely know as Google – the search engine giant? Google has been staying the course and at the same time staying faithful to its employees.
While some of the many perks that Google employees are having had to be curtailed in an effort to maintain the status quo Google still provides some of the best perks for its employees. And that is the keyword – its employees. Those hard working, selfless individuals who are the back bone of the company. So our hats go off to Google for recognizing those individuals who make their company what it is today – the Employees.
The following is a list of 9 other companies who are standing firm with their employees and according to CNNMoney.com Fortune have never had a layoff.
- Nugget Market
- Devon Energy
- Aflac
- Quik Trip
- The Container Store
- NuStar Energy
- Stew Leonard’s
- Scottrade
- Publix Super Markets
For complete article on these nine companies, click the following: No Layoffs – Ever!
Are there any companies that you think have done an exceptional job at “re-managing” during this economic time and standing behind their employees – determined to go the distance in its efforts to boost the economy? If so, we would like to hear from you.
