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Gold/Mining/Energy : Exxon Mobil (XOM)

XOM 117.23

+2.4%

Nov 7 9:30 AM EST

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From: carranza2	7/13/2007 5:14:09 PM
	of 585

Exxon's market cap erupts past $500 billion By Shawn Langlois Last Update: 4:06 PM ET Jul 12, 2007 SAN FRANCISCO (MarketWatch) -- Exxon Mobil Corp. (XOM) shares rallied to a record high of $89.73 during Thursday's strong broader market surge, pushing the oil giant's market capitalization past the heady $500 billion threshold. Exxon Mobil is the most valuable publicly-traded company in the world, well ahead of General Electric (GEGeneral Electric Company). Also on Thursday, GE topped the $400 billion mark, while Microsoft hovered under $300 billion. Nevertheless, Exxon Mobil's current market cap has yet to achieve the levels of leading tech companies Microsoft and Cisco Systems (CSCO) in 2000. marketwatch.com

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