EXTRACT: Oil Profits Gush: Exxon Mobil’s profit jumped 36%, to $10.36 billion, the oil company’s second-highest quarterly profit ever. Shell’s profit rose 40%, to $7.32 billion. BP’s earnings jumped 30%, to $7.27 billion as the firm unveiled measures to improve U.S. operations following safety and regulatory problems. Chevron reported an 18% rise in profit to $4.35 billion on surging oil prices.
THE ARTICLE
July 30, 2006
INVESTOR’S CALENDAR
This Week
Profit Patrol: Look for earnings reports from United Airlines’ parent UAL tomorrow; Archer-Daniels-Midland, Burger King, Eastman Kodak and Verizon Tuesday; Procter & Gamble and Starbucks Wednesday; Tyco International and Unilever Thursday, and Toyota Motor Friday.
Details, Details: When Time Warner releases its earnings Wednesday, it may also offer details of AOL’s hotly anticipated conversion from a subscription service to a free Web portal. Analysts say such a move could cost AOL $1.8 billion in lost subscription fees.
Cadillac’s New Pitch: General Motors’ Cadillac unit will launch a new ad campaign to try to lure young people, women and baby boomers to the luxury car brand.
Rate Actions Abroad: The European Central Bank may raise interest rates by a quarter-point to 3% this week. Also, surging prices in Australia nearly cement the case for a rise there to 6% from 5.75%.
Exploring in the Gulf: The Senate may pass a bill to open 8.3 million acres in the Gulf of Mexico to oil and natural-gas exploration.
Economic Updates: Data on the U.S. savings rate in June will come out Tuesday, the same day the Institute for Supply Management reports on manufacturing conditions for July. Friday brings job news.
Last Week
Stocks Surge: Some strong earnings news and hopes the Federal Reserve will stop raising rates contributed to a 3.2% advance by the Dow Jones Industrial Average — the best week in more than a year. So far in 2006, the Dow industrials are up 4.7%. The Nasdaq Composite Index gained 3.7% for the week but is down 5% this year.
Hospital Chain Sells: Hospital operator HCA agreed to be acquired by an investor group in a $21 billion buyout, one of the largest ever.
H-P Expands: Hewlett-Packard said it will buy business-software maker Mercury Interactive for $4.5 billion, in the computer maker’s first big acquisition under Chief Executive Mark Hurd.
U.S. Growth Slows: The U.S. economy slowed more than expected in the second quarter, growing at a 2.5% annual rate as consumers and businesses tightened their belts. This compares with the first quarter’s roaring 5.6% pace.
Oil Profits Gush: Exxon Mobil’s profit jumped 36%, to $10.36 billion, the oil company’s second-highest quarterly profit ever. Shell’s profit rose 40%, to $7.32 billion. BP’s earnings jumped 30%, to $7.27 billion as the firm unveiled measures to improve U.S. operations following safety and regulatory problems. Chevron reported an 18% rise in profit to $4.35 billion on surging oil prices.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
