Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0.0172994832621882
Stock impact report

California developer says virus an act of God, sues Exxon over stalled deal [Reuters]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Reuters
California developer says virus an act of God, sues Exxon over stalled deal April 9 (Reuters) - A California retail developer claims the state’s coronavirus lockdown was an act of God that prevented it from completing a $4.2 million property acquisition, asking a court to prevent owner Exxon Mobil Corp from selling to any other buyers. Pacific Collective LLC invoked force majeure in its bid to delay an Exxon property acquisition, according to a suit filed in Los Angeles County Superior Court. The legal clause refers to unexpected events that prevent one party to a contract from meeting its obligations. Sometimes referred to as the act of God clause, force majeure is being invoked elsewhere in energy contracts. BP this month cited force majeure for a one-year delay on a natural gas project, and three Indian refiners have cited it in rejecting crude oil imports. An Exxon spokesman declined immediate comment, citing pending litigation. Pacific Collective did not reply to a request for co Show less Read more
Impact Snapshot
Event Time:
XOM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for XOM alerts
Opt-in for
XOM alerts

from News Quantified
Opt-in for
XOM alerts

from News Quantified