Exxon Mobil to buy XTO Energy in $41 billion deal

Date: Mon, 14 Dec 2009 12:00:56 -050

EXXON MOBIL TO BUY XTO ENERGY $41 BILLION DEAL

Exxon Mobil will acquire domestic energy giant XTO Energy in an
all-stock deal as it moves to boost its presence in the unconventional
natural-gas business.

OBAMA CALLS BANKERS 'FAT CATS' BEFORE MEETING THEM

President Barack Obama is meeting with the top executives of the
nation's largest banks, on the heels of blasting some as "fat cats."

CITI TO REPAY $20 BILLION OF GOVERNMENT AID

The bank will sell about $20 billion in new securities to pay back the
government's aid under the Troubled Asset Relief Program.

VISA SHARES RISE ON S&P 500 NOD

Visa shares get a premarket lift, gaining on the payment processor's
impending inclusion in the widely followed S&P 500 Index.

U.S. STOCKS RISE AS DEAL LIFTS ENERGY SECTOR

Exxon Mobil's deal to buy XTO Energy spurs more consolidation
speculation, but concerns about the financial sector limit the
market's gains.