NATION

NATION
Exxon Mobil net incomeincreases 10% in quarter
NEW YORK -- Exxon Mobil Corp., the world's largest publicly traded oil company, said Thursday its net income grew 10 percent in the first quarter, as higher refining, marketing and chemical profit margins overcame lower crude oil and natural gas prices from a year ago.
The earnings of 9.3 billion were the company's highest ever for the first quarter and beat Wall Street expectations, but revenue slipped and fell well short of analysts' forecasts.
Apple shares jumpmore than 6 percent
SAN JOSE, Calif. -- Shares of Apple Inc. rose more than 6 percent early Thursday, continuing to soar above 100 for the first time after the company walloped Wall Street expectations with quarterly profit that jumped 88 percent on strong sales of its iPod players and Macintosh computers.
Apple shares rose 3.49, or 4 percent, to close at 98.84 Thursday on the Nasdaq Stock Market. The earnings results were released after the market closed Wednesday, and the stock leaped to 102.40 in after-hours trading.
Associated Press