Volume Spike Investor

Exxon Mobil Corp. (NYSE: XOM) shares are down nearly 2 percent to $70.15 on volume of about 30,000 shares as of 8:20 a.m. Eastern. The company reported second-quarter earnings of 84 cents a share, 18 cents below analyst expectations. Revenue fell 46 percent from the same period a year earlier to $74.46 billion, vs. expectations of $71.29 billion. The company saw weaker refining margins, and lower petroleum product sales due to weaker demand. — Mike Tarsala