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Underfunded pensions hit
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Reuters UK
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November 22, 2008
HOUSTON (Reuters) - Oil majors Exxon Mobil Corp (XOM.N: Quote, Profile, Research, Stock Buzz), ConocoPhillips (COP.N: Quote, Profile, Research, Stock Buzz) and other energy companies top the list of U.S. companies with severely underfunded pensions -- a situation that may drain precious cash in a ti...
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