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...(Reuters) Box, the enterprise cloud storage company, said it hopes to raise $250m in an IPO as it revealed revenues that doubled last year but were outpaced by its losses....
...Exxon Mobil paid $600m just to renew leases it had operated for 40 years. Shell and Chevron are expected to follow suit. Other new operators are joining the fray....
...Exxon Mobil rose 3.6 per cent in the last half hour of trading alone to finish the day up 0.8 per cent at $85.84. Less defensive stocks rocketed higher at the end of the day....
...to analysts as the new chief executive of Exxon, the largest independent oil company....
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