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In light of Sunshine Oilsands' quarterly loss, John Zahary, President and CEO, says the company's projects are in pre-production stage and revenue will start coming in soon.
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NEW YORK-- Shares of discount store chain Dollar Tree fell on Friday after an analyst downgraded the stock on weakening sales trends. THE SPARK: Jefferies analyst Daniel Binder said in a note to investors that revenue in stores open at least one year, a key retail metric, have been decelerating at Dollar Tree.
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NEW YORK-- Shares of Sears Holdings Corp.' s spinoff of its Hometown and Outlet Stores are rising on their debut trading day. The Hoffman Estates, Ill., company, which runs Kmart and Sears stores, had signaled in February that it would split off Sears Hometown and Outlet Stores Inc. as a separate publicly traded entity.
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Some oil traders are buzzing today over news that the U.S. government has issued at least a couple of new licenses to export American crude. CNBC's Kate Kelly reports the details and how to trade this news.
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Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' Api' counterparty credit and financial strength ratings on Gerber Life Insurance Co.. GLIC is licensed in all 50 states, Puerto Rico, the District of Columbia, and Canada.
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The opposition campaign is funded primarily by the Confederated Tribes of Grand Ronde, which runs Spirit Mountain Casino, the nearest casino to Portland. The new Oregon casino would be owned by PDX Entertainment company, a corporation with about 19 shareholders created in March and based in Lake Oswego.
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LONDON, Oct 12- Frantic drilling activity across the United States has at last begun to moderate, as the industry responds to the plunge in prices for natural gas and now liquids such as butane and natural gasoline.
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Shares of JPMorgan Chase and Wells Fargo& Co. both fell after they released their results, even though JPMorgan posted record profits, prompting Canadian financials to follow suit, dropping 0.2 percent. Bank of Nova Scotia was down 0.3 percent at C $53.31, and Toronto-Dominion Bank was 0.2 percent lower at C $80.85.
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*De Guindos says no political resistance to aid for Spain* Mixed reviews on IMF call for slower budget cuts* EU's top economic official shows the way for Spain By Jan Strupczewski and Koh Gui Qing.
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LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.
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*Harper says wants growing relationship with China. DAKAR, Oct 12- Canadian Prime Minister Stephen Harper said on Friday that his country wants a growing relationship with China, but that its investments must be scrutinized from a national security perspective.
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TORONTO, Oct 12- Toronto's main stock index opened little changed on Friday, as investors digested results from a pair of major U.S. banks and as concerns about slowing global economic growth limited the appeal of riskier assets. The Toronto Stock Exchange's S&P/TSX composite index.
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DAKAR, Oct 12- Canadian Prime Minister Stephen Harper said on Friday that his country wants a growing relationship with China, but that its investments must be scrutinized from a national security perspective.
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LONDON, Oct 12- Frantic drilling activity across the United States has at last begun to moderate, as the industry responds to the plunge in prices for natural gas and now liquids such as butane and natural gasoline.
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BOSTON-- Three companies seeking to develop a resort casino in Springfield submitted applications Thursday to the western Massachusetts city, and a fourth that had previously expressed interest declined to enter the competition.
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Oct 12- Toronto's main stock index looked set to open higher on Friday, taking cues from its largest trading partner, after robust earnings from JPMorgan marked a strong start for the U.S. banks earnings season.
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OTTAWA, Oct 12- Canadian labor productivity grew slightly faster in the first half of this year than previously estimated, according to revised figures released by Statistics Canada on Friday that also showed little change to the data over the past 30 years.
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Oct 12- Canadian productivity declined 0.5 percent in the second quarter of 2012, a bigger decrease than the 0.4 percent drop initially reported, according to historical revisions released by Statistics Canada on Friday.
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Oct 12- Cleaning services company Ecolab Inc. St. Paul, Minnesota- based Ecolab will pay about $1.7 billion in cash and issue about 8 million shares to Champion, subject to certain adjustments at and after closing. Houston- based Champion, whose competitors include Schlumberger NV, Halliburton Co and Baker Hughes Inc, had sales of $1.2 billion last year, Ecolab said.
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*Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.