4 Energy Stock Stories Sparking Chatter
Exxon Mobil Corp. (NYSE:XOM): Closing price $85.51
ExxonMobil has brought a lawsuit against FX Networks LLC and its studio affiliates to disallow their use of a logo the oil firm says infringes on its interlocking XX logo. David Beck, ExxonMobil’s attorney, said in Thursday filing in federal court in Houston that “ExxonMobil has invested many millions of dollars for more than four decades in advertising and promoting” the logo. FX Networks and its studio affiliates kicked off the FXX TV network in September with a logo sporting an interlocking XX design, according to the complaint.