Markets
Calgary gets 'A' grade in Conference Board of Canada health report
- December 13, 2016
This is the first time the Conference Board of Canada has compared cities in this way. For now, Calgary excels when it comes to lifestyle, even against another "A"-graded city like Winnipeg". Winnipeg did not get a top score because it received a low grade on perceived mental health. "Incomes there per capita are higher than other cities". (more...)
- December 13, 2016
This is the first time the Conference Board of Canada has compared cities in this way. For now, Calgary excels when it comes to lifestyle, even against another "A"-graded city like Winnipeg". Winnipeg did not get a top score because it received a low grade on perceived mental health. "Incomes there per capita are higher than other cities". (more...)
Firefighter: Warehouse missing from fire-inspection records
- December 13, 2016
The front of The Ghost Ship warehouse damaged from a deadly fire is seen Wednesday, Dec. 7, 2016, in Oakland, Calif. Oakland Police Department spokeswoman Officer Jonna Watson said police officers are not trained on zoning laws but pointed out they document every call they respond to. (more...)
- December 13, 2016
The front of The Ghost Ship warehouse damaged from a deadly fire is seen Wednesday, Dec. 7, 2016, in Oakland, Calif. Oakland Police Department spokeswoman Officer Jonna Watson said police officers are not trained on zoning laws but pointed out they document every call they respond to. (more...)
Boeing slows 777 wide-body output, boosts dividend by 30%
- December 13, 2016
Boeing's decision to reward shareholders, despite a "weakening end market outlook on one of its highest cash margin programs", could squeeze the company as it juggles a roster of new aircraft, Ron Epstein, an analyst at Bank of American Corp., said in a note to clients Monday. (more...)
- December 13, 2016
Boeing's decision to reward shareholders, despite a "weakening end market outlook on one of its highest cash margin programs", could squeeze the company as it juggles a roster of new aircraft, Ron Epstein, an analyst at Bank of American Corp., said in a note to clients Monday. (more...)
Cuisinart recalls 8 million food processors
- December 13, 2016
The company told the Consumer Product Safety Commission that it has received 69 reports of blades shattering in action, including 30 reported injuries to the teeth and mouths of people eating food from affected food processors. The appliances that are recalled have four rivets in the blades, which are silver-colored stainless steel with a plastic beige center hub. The model number for the affected items is located on the bottom of the food processor. (more...)
- December 13, 2016
The company told the Consumer Product Safety Commission that it has received 69 reports of blades shattering in action, including 30 reported injuries to the teeth and mouths of people eating food from affected food processors. The appliances that are recalled have four rivets in the blades, which are silver-colored stainless steel with a plastic beige center hub. The model number for the affected items is located on the bottom of the food processor. (more...)
Global coal demand to fall over next five years: IEA
- December 13, 2016
Lower demand from China and the U.S., along with fast growth of renewables and strong focus on energy efficiency in countries such as India, will bring down the share of coal in the mix of fuels used for generating electricity to 36% by 2021 from 41% in 2014, marking a decline of more than 12%. (more...)
- December 13, 2016
Lower demand from China and the U.S., along with fast growth of renewables and strong focus on energy efficiency in countries such as India, will bring down the share of coal in the mix of fuels used for generating electricity to 36% by 2021 from 41% in 2014, marking a decline of more than 12%. (more...)
Apple: AirPods For $159 In Time For Christmas
- December 13, 2016
Setting them up is apparently easy and they instantly connect to your iPhone, Apple Watch, iPad or Mac. Rumors swirled last week that Apple was troubleshooting connectivity issues with the AirPods, which operate independently of each other. (more...)
- December 13, 2016
Setting them up is apparently easy and they instantly connect to your iPhone, Apple Watch, iPad or Mac. Rumors swirled last week that Apple was troubleshooting connectivity issues with the AirPods, which operate independently of each other. (more...)
Unarmed 73-year-old man with dementia shot dead by USA police
- December 13, 2016
Police in the U.S. state of California have killed a 73-year-old man of Latino descent, who was unarmed and suffered from dementia. He said the elder Serna had trouble sleeping and would often take long walks late at night by himself, in an attempt to tire himself. (more...)
- December 13, 2016
Police in the U.S. state of California have killed a 73-year-old man of Latino descent, who was unarmed and suffered from dementia. He said the elder Serna had trouble sleeping and would often take long walks late at night by himself, in an attempt to tire himself. (more...)
Digital Realty Trust, Inc.'s (DLR): Intraday Mover
- December 13, 2016
Emerald Acquisition Ltd. bought a new stake in Federal Realty Investment Trust during the second quarter worth $34,417,000. State Street Corp now owns 5,216,971 shares of the real estate investment trust's stock worth $863,668,000 after buying an additional 76,297 shares during the period. (more...)
- December 13, 2016
Emerald Acquisition Ltd. bought a new stake in Federal Realty Investment Trust during the second quarter worth $34,417,000. State Street Corp now owns 5,216,971 shares of the real estate investment trust's stock worth $863,668,000 after buying an additional 76,297 shares during the period. (more...)
Mediaset Expresses Alarm Over Feared Vivendi Hostile Takeover Attempt
- December 13, 2016
Italian bank shares IT8300, +2.89% leapt 2.9%, with UniCredit UCG, +7.34% charging up 7% as the lender said it plans to cut an additional 6,500 jobs by 2019, sell shares and a large chunk of bad debt as part of an overhaul. Bolloré's strategy is an aggressive one but it's paving the way for his desire to make Vivendi a genuine global media and content giant based out of Europe. (more...)
- December 13, 2016
Italian bank shares IT8300, +2.89% leapt 2.9%, with UniCredit UCG, +7.34% charging up 7% as the lender said it plans to cut an additional 6,500 jobs by 2019, sell shares and a large chunk of bad debt as part of an overhaul. Bolloré's strategy is an aggressive one but it's paving the way for his desire to make Vivendi a genuine global media and content giant based out of Europe. (more...)
Marco Rubio voices 'serious concerns' about Rex Tillerson for secretary of state
- December 13, 2016
ExxonMobil works closely with Russian oil giant Rosneft and in 2013 the two companies struck a multi-billion dollar Arctic oil exploration deal. In a tweet , Mr Trump added: "I have chosen one of the truly great business leaders of the world, Rex Tillerson , Chairman and CEO of ExxonMobil , to be Secretary of State". (more...)
- December 13, 2016
ExxonMobil works closely with Russian oil giant Rosneft and in 2013 the two companies struck a multi-billion dollar Arctic oil exploration deal. In a tweet , Mr Trump added: "I have chosen one of the truly great business leaders of the world, Rex Tillerson , Chairman and CEO of ExxonMobil , to be Secretary of State". (more...)
Quest Diagnostics says 34000 customer accounts hacked
- December 13, 2016
Quest said it has provided notice to patients whose accounts were affected, and that there is "no indication" that the information has been misused, according to the company. "We've also hired a cyber security firm to find out what happened in this breach and help prevent future breaches", she said. Company officials said that Florida was affected by the hack and that 11,000 Floridans' personal information might have been compromised. (more...)
- December 13, 2016
Quest said it has provided notice to patients whose accounts were affected, and that there is "no indication" that the information has been misused, according to the company. "We've also hired a cyber security firm to find out what happened in this breach and help prevent future breaches", she said. Company officials said that Florida was affected by the hack and that 11,000 Floridans' personal information might have been compromised. (more...)
Junaid Jamshed's funeral prayers to be held on Thursday
- December 13, 2016
Junaid Jamshed was coming back from Chitral after spending a few days there for spreading the message of Islam. Jamshed was one of the 47 passengers who were killed when the Pakistan International Airlines' flight crashed into a hillside in the country's north while travelling from the city of Chitral to Islamabad last Wednesday, killing all on board. (more...)
- December 13, 2016
Junaid Jamshed was coming back from Chitral after spending a few days there for spreading the message of Islam. Jamshed was one of the 47 passengers who were killed when the Pakistan International Airlines' flight crashed into a hillside in the country's north while travelling from the city of Chitral to Islamabad last Wednesday, killing all on board. (more...)
Unicredit readies bad loan sales of $18.8 billion
- December 13, 2016
Says recently installed CEO Jean Pierre Mustier: "We have developed a pragmatic plan based on conservative assumptions, with tangible and achievable targets, dependent on cost and risk management, levers which are firmly under our own control". (more...)
- December 13, 2016
Says recently installed CEO Jean Pierre Mustier: "We have developed a pragmatic plan based on conservative assumptions, with tangible and achievable targets, dependent on cost and risk management, levers which are firmly under our own control". (more...)
Patterson-UTI Energy plans to acquire Seventy Seven Energy
- December 13, 2016
The company reported ($0.58) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.60) by $0.02. (PTEN) ("Patterson-UTI") and SEVENTY SEVEN ENERGY INC.(SVNT) ("Seventy Seven Energy") jointly declared that the two companies have reached a definitive merger agreement following which Patterson-UTI will acquire Seventy Seven Energy in an all-stock transaction. (more...)
- December 13, 2016
The company reported ($0.58) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.60) by $0.02. (PTEN) ("Patterson-UTI") and SEVENTY SEVEN ENERGY INC.(SVNT) ("Seventy Seven Energy") jointly declared that the two companies have reached a definitive merger agreement following which Patterson-UTI will acquire Seventy Seven Energy in an all-stock transaction. (more...)
Company: Equipment didn't detect North Dakota oil leak
- December 13, 2016
Dallas-based pipeline company Energy Transfer Partners says the Dakota Access pipeline would include safeguards such as leak detection equipment and that workers monitoring the pipeline remotely in Texas could close valves within three minutes if a breach is detected. (more...)
- December 13, 2016
Dallas-based pipeline company Energy Transfer Partners says the Dakota Access pipeline would include safeguards such as leak detection equipment and that workers monitoring the pipeline remotely in Texas could close valves within three minutes if a breach is detected. (more...)
FED ignites a sense of déjà vu with rate policies
- December 13, 2016
The increase in interest rates, which was deferred until December 2015, and just like this year, was considered to be the beginning of a new era for global markets. But the real question is not whether they will up the short-term interest rate they control-everyone expects they will, a quarter of a point to 0.5%-but when Janet Yellen & Co. (more...)
- December 13, 2016
The increase in interest rates, which was deferred until December 2015, and just like this year, was considered to be the beginning of a new era for global markets. But the real question is not whether they will up the short-term interest rate they control-everyone expects they will, a quarter of a point to 0.5%-but when Janet Yellen & Co. (more...)
Marathon Oil Corporation (NYSE:MRO) Share up 6% in Premarket
- December 13, 2016
Glancing over stock's performance with EPS trend, the current quarter estimates trends for EPS by pool of analysts was $0.39 and for one month ago was $0.38, as Q1 2017 Trends estimate stands at $0.46, according to WSJ analytic reports. (NYSE: MPC ) last issued its quarterly earnings data on Thursday, October 27th. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $-0.47 for the BRS while maintaining high price target of 22.00 and average ... (more...)
- December 13, 2016
Glancing over stock's performance with EPS trend, the current quarter estimates trends for EPS by pool of analysts was $0.39 and for one month ago was $0.38, as Q1 2017 Trends estimate stands at $0.46, according to WSJ analytic reports. (NYSE: MPC ) last issued its quarterly earnings data on Thursday, October 27th. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $-0.47 for the BRS while maintaining high price target of 22.00 and average ... (more...)
Oil pact could quickly sop up market glut: IEA
- December 13, 2016
In its monthly oil market report, the IEA said revisions to its estimate of Chinese and Russian consumption had prompted it to raise its forecast for global oil demand growth this year by 120,000 barrels per day (bpd) to 1.4 million bpd, and to lift its forecast for 2017 by 110,000 bpd to 1.3 million bpd. (more...)
- December 13, 2016
In its monthly oil market report, the IEA said revisions to its estimate of Chinese and Russian consumption had prompted it to raise its forecast for global oil demand growth this year by 120,000 barrels per day (bpd) to 1.4 million bpd, and to lift its forecast for 2017 by 110,000 bpd to 1.3 million bpd. (more...)
Taxpayer stake in Lloyds Bank falls below 7% after more shares sold
- December 13, 2016
Lloyds announced in a statement to the London Stock Exchange this morning that the Treasury's holding in the group had dropped to below seven percent. Following an update released by analysts at JP Morgan on Monday the broker has now set a "Neutral" rating on shares of Lloyds Banking Group (LON:LLOY) with a price target of 70. (more...)
- December 13, 2016
Lloyds announced in a statement to the London Stock Exchange this morning that the Treasury's holding in the group had dropped to below seven percent. Following an update released by analysts at JP Morgan on Monday the broker has now set a "Neutral" rating on shares of Lloyds Banking Group (LON:LLOY) with a price target of 70. (more...)
Singapore, Malaysia Sign Final Accord for High-Speed Rail Link
- December 13, 2016
Malaysia and Singapore will call for global tenders for the high-speed trains for the KL-Singapore rail link in late 2017. The agreement was signed at 5.15pm between Minister in the Prime Minister's Department Datuk Abdul Rahman Dahlan and Singapore's Transport Minister Khaw Boon Wan. (more...)
- December 13, 2016
Malaysia and Singapore will call for global tenders for the high-speed trains for the KL-Singapore rail link in late 2017. The agreement was signed at 5.15pm between Minister in the Prime Minister's Department Datuk Abdul Rahman Dahlan and Singapore's Transport Minister Khaw Boon Wan. (more...)
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