Is Exxon Mobil (xom) Stock Being Driven Down By Belgium Refinery Expansion? – Thestreet

Ride-sharing Lyft blocked from New York City

Despite an increase in cash flow, EXXON MOBIL CORP’s average is still marginally south of the industry average growth rate of 17.65%. Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
Article: http://www.thestreet.com/story/12771524/1/is-exxon-mobil-xom-stock-being-driven-down-by-belgium-refinery-expansion.html?cm_ven=RSSFeed

The suit said the company actually operates as a traditional for-hire livery service using mobile technology, not a peer-to-peer transportation platform as claimed. The company operates “in open defiance” of state and local licensing and insurance laws, according to the lawsuit said filed in state court in Manhattan. It alleges that Lyft began operating in Buffalo and Rochester without authorizations in April and currently violates various laws. Attorney General Eric Schneiderman requested a court order to stop its New York service until the suit is resolved, plus a civil penalty and loss of profits. Calls to the company’s lawyer by The Associated Press were not immediately returned.
Article: http://www.cnbc.com/id/101830035