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TSX gains as crude oil prices soar fuelled by OPEC deal

USA equities traded mostly higher on Wednesday, the last trading day of the month, as oil prices surged amid a reported OPEC deal to cut production, while investors digested solid economic data. Lastly, Canadian stocks are set to open a stronger session on Wednesday, as rebounding oil prices could drive gains in the energy sector. Despite the deep decline in crude prices, OPEC members, which include Saudi Arabia and Iran, have continued to pump record amounts of the natural resource despite ...

Business

Cash Donations Best Way to Help Sevier County Fire Victims

Almost 24 hours of rain on Wednesday helped dampen the wildfires, but fire officials cautioned people, saying they shouldn't have a false sense of security. "Whatever we can do to bring some sense of joy for the holidays", he said, "Whatever we can do, we're going to do it". "We're going to be OK". Officials have not said how many people they believe are missing.

Business

Big Mac Inventor Dies at 98

Delligatti was a McDonald's franchisee in Uniontown, Pennsylvania, when he created the burger in 1967 after deciding that customers wanted a bigger sandwich. Mr Delligatti headed M&J Management, a four-generation family business and McDonald's franchise organisation for more than 60 years. The item would go on, of course, to become the fast food chain's most recognizable menu option.

Business

Highlights from Ontario's annual auditor general report

The province spent about $6.1 billion on 2,100 highway projects over five years, with $1.4 billion of that going to road paving. The auditor also found the Ministry of Health does not investigate inappropriate or anomalous billings by doctors even though it allocates $11.6 billion for physician compensation each year.

Business

World's oldest living person celebrates 117th birthday

The marriage had never been healthy, according to Ms Morano. She can pretty much say whatever she wants, though, because Morano is the world's oldest person. Morano's doctor describes her as "always a very serene". Spanning through three centuries, she has witnessed three Italian kings, has seen that Italy became a republic, and lived through a dozen different presidents.

Business

Smith & Wesson Holding Corp. (SWHC) Earns Neutral Rating from Wedbush

The company projected revenue between $230 million and $240 million, while analysts forecast $237.7 million. Historical Quarterly Earnings: Last quarter, Smith & Wesson Holding Corporation generated almost $206.95M in sales and net income of $0.62/share.

Business

Illinois lawmakers vote to spare 2 nuclear plants

It needed 60 votes to pass. Less than an hour later, the state Senate also approved the bill, 32-18. But Illinois House Republican Leader Jim Durkin warned lawmakers that without passing the bill, the state and its consumers would suffer.

Business

Regret of Italian PM As Referendum Defeat Looms

Given the size and relevance of these banks, one can assume that other troubled banks in Europe will be affected by the uncertainty that would surround Italy and Europe after the vote. Five Star's Luigi Di Maio, vice-president of the lower house, said that if the party achieves power, it would push for an advisory referendum on euro membership.

Business

Tallow tensions: Vegans want 'fat-free' UK 5-pound bank note

Claiming that the manufacturing using tallow is "unacceptable to millions of vegans , vegetarians, Hindus, Sikhs, Jains and others in the UK". As you can imagine, vegans and vegetarians were unhappy to learn that the product is used in their money.

Business

Zac Goldsmith has lost his seat as an MP

The defeat - in a by-election the Lib Dems turned into a referendum on Brexit - capped a terrible week for Mrs May, with a Brexit embarrassment every day. The result will also cheer Remain supporters in other parties and throws Theresa May's strategy into fresh turmoil. "The choice is between keeping me as your local MP and building on our progress over the last six years, or electing someone else as your MP and putting that progress at risk", he said.

Business

Kroger Cautious On 2016, 2017 Earnings As Food Price Deflation Continues

The correct version of this story can be viewed at http://www.mareainformativa.com/rbc-capital-markets-reaffirms-sector-perform-rating-for-kroger-co-kr/61754/. Dougherty sold 31,000 shares of the firm's stock in a transaction dated Thursday, September 15th. Institutional investors own 75.51% of the company's stock.

Business

Kroger digs in with food prices tumbling

Total sales, excluding fuel, increased 7.1% in the third quarter compared to the same period past year. When excluding gasoline, total sales rose 7.1% in the latest period, while total supermarket sales, excluding fuel and Roundy's, gained 1.6%.

Business

Lib Dems oust Zac Goldsmith in Richmond Park by-election

While Mr Palmer admitted Mr Goldsmith had been a "fair" constituency MP - and he thought he would retain his seat - he chose to back fellow Remainer Sarah Olney. Leader Tim Farron made 10 visits and former leader Nick Clegg six and on two weekends during the campaign the Lib Dems had 1,000 activists on the streets.

Business

US construction spending up 0.5 percent in October

Total U.S. construction spending in October rose 0.5% to a seasonally adjusted annual rate of $1,172.6 billion on the first significant growth in public construction spending since January. USA construction spending rose 0.5 percent during October due to gains in homebuilding and government projects. Top percentage declines for the sector were religious, down 10.6 percent to $3 billion; health care, down 3.1 percent to $41 billion; and manufacturing, down 2.7 percent to $74 billion.

Business

Samsung Electronics says to disclose shareholder returns plans on Tuesday

The Korea corporate giant will spend the next six months reviewing the possibility of creating a holding company and listing on more exchanges. Restructuring pressure had been mounting after the Note 7 fiasco. Now, businesses within the broader Samsung Group are linked via a complex web of cross shareholding, linking Samsung Electronics to affiliates including transportation, to insurance company to heavy businesses and a lot of other Samsung's businesses.

Business

Oil Stays Strong After OPEC Deal to Cut Production

Indonesia agreed to suspend its membership today. Analysts said that the cuts would leave the field open for other producers, especially USA shale drillers. The price of the commodity has fallen by more than half since mid-2014. Saudi Arabia's rival, which is still recovering from worldwide sanctions, will actually increase its production to 3.8 million barrels a day.

Business

Blame wages and turtle doves: '12 Days' now costs $34363

Melcher , chief investment officer for PNC Asset Management Group said in a press release. For some folks it might cost an entire years salary. Those who prefer shopping online will have to spend $44,602 for the gifts, $10,239 more than buying them at a store.

Business

Minimum wage protests in St. Louis, Kansas City

Thousands planned to walk off the job at McDonald's restaurants, organizers said. A spokesman for Sen. Police Chief Sam Dotson had warned that protesters who blocked traffic would be arrested. Fast-food, home-care, child-care and other workers are expected to rally in cities across California. Silent airport strike through the terminals! "We have to decide what we are going to get: We're going to pay rent or we're going to put food on the table or we're going to send my child to school".

Business

Romney after meeting with Trump: 'America's best days are ahead of us'

Mr. Romney said that from what he's seen of Mr. Trump's leadership during the transition, he was optimistic that "America's best days are ahead of us". "I'm afraid that when it comes to foreign policy he is very, very not smart". "I think that there was the Never Trump movement and then there was Gov.

Business

Johnson & Johnson raising takeover offer for Actelionl

The company's quarterly revenue was up 4.2% compared to the same quarter a year ago. Finally, NCM Capital Management Group Inc. purchased a new stake in Johnson & Johnson during the second quarter valued at about $127,000. A number of equities research analysts have commented on JNJ shares. Standpoint Research is following shares of Johnson & Johnson (JNJ), so its rating change is noteworthy.

Business

The latest Insider Trade insight for Western Digital Corporation (NASDAQ:WDC)

Several other hedge funds have also recently bought and sold shares of WDC. After $1.18 actual EPS reported by Western Digital Corp for the previous quarter, Wall Street now forecasts 45.76% EPS growth. Western Digital Corp .'s dividend payout ratio (DPR) is now -162.60%. ILLEGAL ACTIVITY NOTICE: "Short Interest in Western Digital Corp ". If you are reading this article on another site, it was illegally stolen and reposted in violation of USA & global copyright & trademark legislation.

Business

Victory lap: Trump heads for Indianapolis, Cincinnati

Likewise, my Arizona Republic colleague JJ Hensley noted that back when Pence made a campaign stop in Phoenix , Gov. Doug Ducey got a big cheer from the local crowd when he said of the future vice president, "Mike Pence knows government does not create jobs".

Business

Caesars to phase out free parking at 8 Las Vegas resorts

MGM is offering Nevadans a break through December 29 with free-self parking for up to 24 hours. The company said it will begin charging for parking in 2017 at Caesars, The Cromwell , Paris , Planet Hollywood , Bally's and the Flamingo . Caesars isn't the first Las Vegas biggie to change its parking policy recently: MGM International announced its own paid parking program earlier this year, starting in June.

Business

Trump campaign objects to Michigan hand recount

The GOP says its focus is on protecting the integrity of Wisconsin elections, and the billboard is meant to be seen by attorneys for both the Stein and Clinton campaigns as they arrive in the state for the recount. The Wisconsin recount doesn't carry almost the same drama as the Florida recount in 2000, when the outcome of the presidential race between Al Gore and George W.

Business

Shoppers say Black Friday shopping went better than expected

This weekend is crucial to set the tone for the season. The National Retail Federation reports that American consumers plan to spend an average of $936 during the holiday shopping season this year, a figure 4 percent higher than last year's and making it the second-highest level of personal spending in the NRF survey's 13-year history.

Business

Samsung: Split Looks To Be On

Samsung has also come under pressure from foreign investors, including USA hedge fund Elliott Management , to improve its corporate governance through the establishment of a holding company and to increase dividends for shareholders. Samsung's massive cash pile is a concern to shareholders - what will the Lee family do with all that cash? Samsung has been beset with problems over the past few months, including the recall of the Samsung Galaxy Note 7 and 2.8 million washing machines.

Business

EPA to keep strict gas mileage standards in place

Now gas is hovering at about $2 a gallon nationally, and vehicle buyers have shifted their preferences toward larger and less fuel-efficient SUVs and trucks. Messages were left Wednesday seeking comment from the Trump transition team. "This extraordinary and premature rush to judgment circumvents the serious analysis necessary to make sure the ...

Business

Oil hits 6-week high on OPEC deal; bond yields rise

OPEC's decision to cut production gave an immediate boost to oil prices , but the impact on consumers and the USA economy is likely to be more modest and gradual. From 2011 to 2014, oil prices ranged between $80 and $110 per barrel , which roughly equates to between $3 and $4 for a gallon of gas. Russia , which has been pumping oil at record levels in recent months, said it will contribute up to 0.3MMbd.

Business

Donald Trump says he will put aside his business empire

Theresa May, the Prime Minister, set out this month an "aim for the United Kingdom to have the lowest corporate tax rate in the G20", which suggests Britain could cut corporation tax further and faster than current proposals to reduce the rate to 17pc by the end of the decade.

Business

Think big, shop small

Additionally, the estimated number of small-business owners reached through the Neighborhood Champion program was 2.1 million. We are asking local shoppers to take up the challenge starting this Saturday to transfer £10 of your spend from the supermarket to the High Street.

Business

Hangover awaits as OPEC celebrates its biggest accord in years

OPEC and non-OPEC members will convene again on December 9. "We have been able to reach an agreement", said Qatar's oil minister Mohammed bin Saleh al-Sada. "The outcome is consistent with... what OPEC production levels were expected to be in 2017 irrespective of the deal reached", said the British bank.

Business

Opec deal pushes oil price up to $54 a barrel

Morgan. "This landmark deal is coming at a time when Kachikwu is working assiduously with Ministers from other OPEC member countries and Nigeria's Dr. Despite the jump in prices, they are still only at September-October levels - when plans for a cut were first announced - and prices are at less than half their mid-2014 levels, when the global glut started.

Business

Southampton stuns Arsenal; Man Utd cruises to semis

United will now play Hull for a place in the Wembley final. "He is suspended for a foul when he did not touch the opponent, and he can not play against Everton", Mourinho said. Fletcher restored West Ham's spirits 10 minutes before half-time, scoring his first goal for the club, but his team-mates had not learnt their lesson and three minutes into the second half they were behind again, when Anthony Martial scored for United.

Business

Conflicts of interest of Donald Trump, a family story

The president-elect's pick for treasury secretary, Steven Mnuchin, says loans are "the engine of growth" for small- and medium-sized businesses, and that the fallout from Dodd-Frank has been a cutting back on lending. The ethics office said it doesn't know the details of Trump's plan and was "responding only to the public statement" Trump made on Twitter - a revelation that raised more questions than answers.

Business

Wells Fargo Separates Chairman, CEO Roles Formally After Scandal

President and Chief Operating Officer Tim Sloan replaced Stumpf as CEO and took a seat on the board, which named lead director Stephen Sanger non-executive chairman. Citigroup Inc. reissued a "buy" rating on shares of Wells Fargo & Co.in a research report on Thursday, November 10th. Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets.


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