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Trudeau's plan for escalating carbon price sparks battle over bottom line

If implemented today, the federal carbon price would apply to refineries in Saskatchewan, New Brunswick and Newfoundland because those provinces don't have an existing carbon price scheme, says Peter Boag, president of the Canadian Fuels Association.

Business

Indicates Potential 1.07% Increase In Shares Of 3D Systems Corporation

Janney Montgomery Scott LLC boosted its position in 3D Systems Corp .by 0.3% in the second quarter. The consensus price target (PT) of $14.88 means that the Company shares are likely to decrease by -16.73 per cent in the short run. Royal Bank of Canada raised its stake in shares of 3D Systems Corp .by 6.3% in the second quarter. 9/13/2016 - 3D Systems Corp . had its "hold" rating reaffirmed by analysts at Pacific Crest.

Business

I don't love Putin, insists Trump, after fractious deputies' debate

Didn't get to do anything. "I'm getting a lot of credit because that's really my first so-called choice", Trump said of Pence at a rally here in the Las Vegas area. But my own biases aside, if Pence or Kaine ever want their own bids for president, both could use some brushing up on their debate skills. If elected, Clinton would be the second-oldest inaugurated president, and Donald Trump would be the oldest.

Business

Global Payments (GPN) Beats Q1 Earnings on Organic Growth October 05, 2016

This represents a $0.04 dividend on an annualized basis and a yield of 0.05%. Global Payments Inc . has a 50 day moving average of 75.71 and a 200 day moving average of 73.87. and related companies with MarketBeat.com's FREE daily email newsletter. Also, Director Robert H.B. Baldwin, Jr. sold 6,500 shares of Global Payments stock in a transaction on Monday, September 19th.

Business

Illinois Politicians Move To Halt Investments With Wells Fargo

Mr. Frerichs said in a conference, " Wells Fargo is a big financial player in IL, and I hope to send the message that their unscrupulous practices are not welcomed and will not be tolerated". The state also will conduct an audit into whether the bank has followed IL law on returning unclaimed property to consumers. The 14 U.S. Senators warned Lynch on Monday, that Wells Fargo is a "critical test" of the DOJ's recent push to pursue bad behavior of individual executives, rather than just ...

Business

Twitter soars on report of takeover offer

The Twitter logo is displayed on a banner outside the New York Stock Exchange (NYSE) in New York City. Earlier this year, Salesforce was reported to be bidding for LinkedIn, which was eventually bought by Microsoft for $26.2 billion.

Business

Morgan Stanley estimates Deutsche settlement over USA fine at $6 billion

As for USA banks, Morgan Creek's Yusko believes they will struggle for a long time due to low global growth overall. Britain's top share index dropped on Friday, taking the shine off a strong quarter, as miners fell and financials stocks eased on uncertainty over Deutsche Bank's financial health and as a spate of broker downgrades hit outsourcer Capita.

Business

Tories the party of working classes, claims PM Theresa May

About identifying injustices, finding solutions, driving change. It is about "action" not words - and "taking, not shirking, the big decisions". "Having the courage to see things through". May said she saw the referendum result as a political turning point, which legitimised a tougher line on immigration and more state intervention in the public's lives.

Business

Brexit bill: $230 million hit for easyJet

British low cost airline EasyJet warned on Thursday (Oct 6) that annual profits would slump by nearly a third, hit by a Brexit-driven tumble in the pound, terror attacks and industrial action. Chief executive Carolyn McCall said: "The current environment is tough for all airlines, but history shows that at times like this the strongest airlines become stronger".

Business

Brent crude steadies above US$50 as investors weigh up OPEC deal

Price hawk Venezuela, which is suffering a deep economic crisis worsened by a fall in oil prices, has been pushing for a deal for months and has said it expects non-OPEC countries to support efforts to boost oil prices. West Texas Intermediate (WTI) for November delivery rose 57 cents to $48.81 a barrel. Exxon Mobil (XOM) shares rose 0.9% in the stock market today.

Business

Fracking for gas better than importing, says Cuadrilla boss

An application to drill at the Roseacre site, nearby, has been delayed. It is understood the Government is minded to approve the permit for Roseacre but wants more time to look at further evidence. Exploration of the site in Fylde was initially approved by Lancashire County Council but ultimately rejected because of environmental and other objections raised by a planning committee.

Business

FTSE 100 slides and pound hits fresh lows

The future of Britain's global financial centre will be a major negotiating point in talks with the European Union on exiting the bloc, which Prime Minister Theresa May announced on Sunday would start formally by the end of March. "It has changed our strategy", Managing Director Kate Migay said of the higher costs and the wider impact of Brexit, adding the company is now considering new revenue streams.

Business

Toronto Police release photo of alleged Blue Jays Beer-tosser

On the heels of one of the most competitive and exhilirating baseball games in our club's history, it is extremely unfortunate that the irresponsible actions of one individual would detract from the game on the field, and tarnish an otherwise memorable night.

Business

Trump's Virginia Chair Calls Tim Kaine's Debate Performance 'Embarrassing'

CNN's Wolf Blitzer then asked if those sources believed that Trump doesn't look like a Republican or sound like a Republican - nor does the brash billionaire know how to debate. If Trump was miffed by that, he didn't let it show at the Henderson rally. Visitors to ThatMexicanThing.com are being redirected to Clinton's campaign website.

Business

Evan Rachel Wood And Thandie Newton Defend Sexual Violence In "Westworld"

Unlike the fantasy series, when Westworld takes place and what exactly is going on with its sci-fi elements are not very clear just yet. They are programmed to serve the human visitors' desires no matter how twisted or depraved they may be.

Business

Vanguard Natural Resources, LLC (VNR) Downgraded to Sell at Ladenburg Thalmann

Finally, Hilliard Lyons lowered shares of Vanguard Natural Resources to an "underperform" rating in a report on Monday. Receive News & Ratings for Vanguard Natural Resources LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Natural Resources LLC and related companies with MarketBeat.com's FREE daily email newsletter.

Business

Twitter shares dive after Google rules out bid

Recode is reporting that Disney has decided to not make a bid for Twitter. Apple is also unlikely to be a suitor, Recode said. That leaves Salesforce as the front runner to acquire Twitter. For its part, Twitter wants to conclude acquisition negotiations by the time it announces its third-quarter earnings on October 27, and has conveyed as much to potential bidders, according to a Reuters report that cited anonymous sources with knowledge of the matter.

Business

U.S. House panel lambasts Wells Fargo boss over phantom accounts

On Tuesday, the bank's board announced that Stumpf would forfeit $41 million in compensation and that the its former community banking head Carrie Tolstedt will also forfeit $19 million. California Treasurer John Chiang also said Wednesday he's suspending some of the state's business with the bank. "Based on these facts we will also be asking serious questions of our regulators", Hensarling said.

Business

'That's my first so-called choice': Trump takes credit for Pence's debate success

Looking ahead, Clinton will seek opportunities to once again show her commanding expertise when it comes to policy details while avoiding appearing robotic. In fact, supporters said that what's most compelling about Trump is that he doesn't sound like a polished, professional politician. And despite what Sen.

Business

United States 'strongly condemns' Israel over new settlement plan

There were no casualties in the rocket strike on Sderot, Israeli police said. The boat is part of the International Freedom Flotilla Coalition of pro-Palestinian groups mostly based in Europe. Viva Palestina Malaysia chairman Datuk Dr Musa Mohd Nordin said Dr Fauziah Hasan ( pic ) was on board the Gaza-bound Zaytouna-Oliva which is seeking to channel humanitarian assistance to residents there.

Business

Trump Crows He's 'Getting A Lot Of Credit' For Pence's Debate Performance

The GOP nominee's glowing review marked his first extensive comments on Pence's performance, which some analysts saw as helping steady the Trump ship after the billionaire's rocky opening debate last week against Clinton. "That was my first hire, as we would say in Las Vegas, and I'll tell you he was a good one", Trump said. The Clinton campaign defended Kaine against the post-debate jabs.

Business

What's the chance a final OPEC deal doesn't happen?

Global benchmark Brent crude futures were down 33 cents at US$48.91 (RM201.86) a barrel by 1350 GMT, but still around 6 per cent higher than before Wednesday's Opec agreement. Members of the Organisation of Petroleum Exporting Countries ( OPEC ) have agreed a deal to cut oil production. Oil prices crashed in the last two years due to oversupply.

Business

RBI nudges banks to pass rate cut benefit to consumers

This 0.25 per cent cut takes the rate to a six-year low. About 60 percent of analysts polled by Reuters had expected the central bank to keep the repo rate unchanged, while 40 percent had forecast a cut. "We believe the rate cut was very much required for the economy, and if inflation data supports there could be another cut of 25 bps towards the end of the financial year", Angel Broking CMD Dinesh Thakkar said .

Business

RBI surprises with rate cut; home, auto loans to cost less

Total stressed loans, including gross NPAs and restructured assets stood at over 12 per cent as of end June or over Rs 8 trillion, with NPAs alone at 8.7 per cent. Clearly, the rate cut at this juncture is more sentiment-driven than fundamental analysis-driven. Dr Patel and the MPC did not disappoint and the unanimous decision would seem to suggest that the committee considered rate cuts as imperative.

Business

All Eyes On Hurricane Matthew As Storm Edges North Towards Cuba, Bahamas

The state's attorney general warned stations against price gouging. The storm surge produced at a given location likely will be reduced. "They are people who didn't respect the alerts". In South Florida, lines at grocery stores were heavier than usual and some essentials were in short supply. There were a few bottles of high-end water brands, but there was so much empty shelf space that Corrado lay down and fully stretched out on the bottom shelf.

Business

Clinton VP pick Tim Kaine coming to Pennsylvania on Thursday

Mike Pence (R) of IN and Sen. Donald Trump is warning that a Hillary Clinton victory in November would "endanger religious liberty" across America. The end result, Pence acted more dignified, more presidential. He also offered warm words for Kaine. CBS was next at 6.46 million; followed by ABC at 6.15 million; Fox News Channel, 6.08 million; CNN , 4.17 million; MSNBC, 3.13 million; Fox, 2.21 million; and Fox Business Network, 392,000.

Business

Prince's Paisley Park back on track to open Thursday

It's unclear when the museum will be allowed to begin full-scale tour operations, but the council said it would vote on the issue again "on or before" December 20. The Chanhassen, Minn ., estate also includes the NPG Music Club, which Prince converted from a basketball court into a music venue. "It's our generation's Graceland", said fan Sabrina Miller, 48, of Chicago, speaking of Elvis Presley's expansive estate in Memphis, Tennessee.

Business

US flight evacuated after another Samsung phone fire

Green told WAVE 3 News that he had already replaced his phone after receiving a text message from Samsung about the Note 7 recall, which was initially issued in September. The plane was still at the gate when the incident occurred and all crew members and passengers exited via the main cabin door. Southwest confirmed to TechRadar a smoking Samsung device led to the airplane evacuation, but did not state what model Samsung phone it was.

Business

Cabinet nod for OVL stake buy in Russia's Vankor oil fields

Furthermore, in March 2015, OIL, Indian Oil and Bharat PetroResources agreed to buy a combined 23.9% stake in Vankroneft $2020.35 million. The daily production from Vankor is around 421,000 barrels per day (bpd) of crude oil on an average and together with the earlier acquisition of 15 per cent, OVL's share of daily oil production from Vankor will be about 110,000 bpd, the company has said.

Business

Wells Fargo CEO Testifies Before House Financial Services Committee

He then added he wants all Wells Fargo business to be canceled. Financial Services Committee Chairman Jeb Hensarling (R-Texas) delivered the open remarks the hearing noting that this hearing "is just the beginning of our investigation, not the end".

Business

Google Pixel And Pixel XL Buying Guide: Where To Buy?

One of the advantages Google phones have long had is their quick access to Android updates. Google's decision to launch with a single carrier echoes Apple's agreement to launch the original iPhone with AT&T, a deal that gave Apple unprecedented control over the look of the phone and how it worked.

Business

Google's Daydream View brings VR to Android for £70

The company said the phone calls on five different parts of Google's technology . Processor: the Pixel uses the latest Qualcomm Snapdragon 821 quad-core processor . It has been billed by Google as housing the "best smartphone camera ever made" and the first device to be built to work with Google's new Daydream virtual reality platform.

Business

Replacement Samsung Galaxy Note 7 phone catches fire on Southwest plane

Tech giantSamsung Electronics has found itself dragged back into a new round of controversy for its Galaxy Note 7 as a series of alleged explosion cases involving the replaced smartphone have taken place in recent weeks. Green said he picked up the replacement phone at an AT&T store on September 21, the first day fixed phones arrived in stores. EDITOR'S NOTE: An earlier version of this story said Brian Green's phone was a Galaxy S7 but it was later confirmed Green's phone was a Note7.

Business

Yahoo was ordered to search email for digital 'signature,' source says

After Reuters broke the news that Yahoo allegedly intercepted millions of users' emails at the request of US intelligence, Yahoo took about 20 hours to issue a short statement through a PR firm: "The article is misleading ". The news story has opened a new chapter in a public debate over trade-offs between security needs and privacy rights that has cast a spotlight on the sometimes cooperative, sometime antagonistic relationship between Silicon Valley companies and the US government.

Business

Wal-Mart Increases Stake In JD.com

The shares have been rated "Outperform" by the firm. Finally, Nomura set a $81.00 target price on shares of Wal-Mart Stores and gave the stock a buy rating in a report on Friday, August 19th. Vetr lowered Wal-Mart Stores from a buy rating to a hold rating and set a $76.24 target price on the stock.in a report on Monday, August 8th. According to the latest information available, the market cap of the company is $221,941 M.


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