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Weak U.S. earnings expectations set stage for stock gains

2016-04-07 16:24:44| IT Services - Topix.net

When Wall Street's quarterly earnings season kicks in to high gear next week, hundreds of companies will vie for the bragging rights that come from "beating the Street" - showing revenues and profits that are higher than analysts expected. That hurdle may be unusually easy to clear this quarter, as analysts, who saw oil prices and stocks collapse at the start of the year, went really negative on the first quarter of 2016.

Tags: set stock stage expectations

 

Vancouver real estate agents face weak penalties for misconduct

2016-04-07 06:44:45| Real Estate - Topix.net

Janet MacKenzie, shown at her condo in North Burnaby, B.C., had a agent who admitted forging her signature on a fraudulent offer. 'Some people have done some really bad things and they just get a slap on the wrist,' she says.

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Maersk Oil to close US office due to weak market conditions

2016-04-01 01:00:00| Offshore Technology

Maersk Oil has announced plans to close its Houston office in the US and reduce the Luanda team due to weak market conditions for deepwater developments.

Tags: conditions office due close

 

Mid-Day Market Update: Progress Software Drops On Weak Results; Medivation Shares Surge

2016-03-31 19:56:02| Jewelry - Topix.net

Midway through trading Thursday, the Dow traded up 0.04 percent to 17,723.79 while the NASDAQ gained 0.19 percent to 4,878.57. The S&P also rose, gaining 0.04 percent to 2,064.76.

Tags: results software market update

 

Oil prices rise due to weak dollar

2016-03-30 01:00:00| Offshore Technology

Oil prices have increased to near $40 per barrel as a weaker dollar stimulated interest in riskier assets.

Tags: due prices oil rise

 

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