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Daily Archives: February 13, 2018

Update: TSX Posts Modest Decline Tuesday as Weaker Crude Oil Prices Weigh on Energy Sector

Shutterstock photo Canada’s main stock market declined Tuesday and gave back a portion Monday’s 200+ point rally. The weakness in the index was consistent with the slippage seen in European bourses, though the overseas share markets posted larger setbacks. The S&P/TSX Composite Index was off 25 points or 0.2% to close at 15,216. U.S. markets posted modest gains, led by ...

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How scalable iOS apps serve businesses of any size

Your organization is neither too small nor too large to reap the rewards of using iOS. Whether professionals need help tracking activities in the field, accessing documentation, joining virtual meetings, or leveraging custom-built apps to perform daily tasks, Apple’s iOS can help. Many companies, including GE and IBM, partner with Apple to develop incredibly scalable customized iOS applications. The apps ...

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Dow Gains 40 Points Because Stocks May Finally Be Cheap Enough

A day that saw one of the market’s smallest percentage changes since the selloff began offered hope that perhaps stocks truly have found a floor. The S&P 500 rose 0.3% to 2662.94 today, while the Dow Jones Industrial Average advanced 39.18 points, or 0.2%, to 24,640.45. The Nasdaq Composite gained 0.5% to 7013.51. The 10-year Treasury declined 0.02 percentage point ...

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Close Update: Wall Street Recovers As Powell Assurances Fuel Bargain Hunting

Shutterstock photo Wall Street’s major averages closed with modest gains on Tuesday as dovish comments from Fed Chairman Jerome Powell set in motion a rebound that was fueled by bargain hunters in beaten down health care and telecom stocks. Early losses associated with the weaker dollar and concerns about higher inflation were pared when Powell assured Wall Street that the ...

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Apple CEO downplays special dividend at shareholder meeting

(Reuters) – Apple Inc Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $ 285 billion in cash that the company is now able to bring back from overseas. At an annual shareholder meeting at Apple Park in Cupertino on Tuesday, Cook responded to a question on whether ...

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Roxy-Pacific's Q4 net profit falls 39%

Singapore LOWER revenue from some developments eroded Q4 results for Roxy-Pacific Holdings, as net profit fell 38.9 per cent to S$ 7.3 million from the previous year. Earnings per share for the property and hospitality group slid to 0.61 Singapore cent from 1 Singapore cent in the Let’s block ads! (Why?) … The Business Times

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ECB's Draghi says not his job to regulate Bitcoin

FRANKFURT (Reuters) – It is not the European Central Bank’s job to regulate Bitcoin, its President Mario Draghi said on Tuesday, while warning the public about the risks associated with the volatile cryptocurrency. Calls are growing for authorities, including central banks, to step in and regulate the market for digital tokens, which has seen wild price swings and a series ...

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