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Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point

5 hours ago DieselGasoil Comments Off on Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point
NEW YORK (Reuters) – As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid In Read More

Philip Morris says Canadian unit RBH granted creditor protection

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FILE PHOTO: Packs of Benson & Hedges cigarettes are on display in a tobacco shop in Vienna, Austria, May 12, 2017. REUTERS/Leonhard Foeger (Reuters) – Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec earlier this Read More

Yield curve inverts for first time since 2007 on global growth worries

11 hours ago DieselGasoil Comments Off on Yield curve inverts for first time since 2007 on global growth worries
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. markets received a clear warning of coming recession on Friday when the spread between yields on three-month Treasury bills and 10-year notes fell below zero for the first time Read More

In foreboding sign for U.S. economy, factory sector softens

12 hours ago DieselGasoil Comments Off on In foreboding sign for U.S. economy, factory sector softens
WASHINGTON (Reuters) – U.S. manufacturing activity unexpectedly cooled in March, a troubling sign for the economy although the housing market showed signs lower interest rates were giving it a boost. A man walks his dog past a mural depicting factory workers in the historic Pullman neighborhood in Chicago November 20, 2014. REUTERS/Andrew Nelles Financial data Read More

U.S. Treasuries signal trouble, stocks fall after weak data

12 hours ago DieselGasoil Comments Off on U.S. Treasuries signal trouble, stocks fall after weak data
NEW YORK (Reuters) – Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March Read More

Take Five: Take it easy, central banks – World markets themes for the week ahead

15 hours ago DieselGasoil Comments Off on Take Five: Take it easy, central banks – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/ TAKE IT EASY With the U.S. Federal Reserve well Read More

U.S. existing home sales surge, boosted by Fed's signal on rates

16 hours ago DieselGasoil Comments Off on U.S. existing home sales surge, boosted by Fed's signal on rates
WASHINGTON (Reuters) – U.S. home sales surged in February to their highest level in 11 months, a sign that a pause in interest rate hikes by the Federal Reserve was starting to boost the U.S. economy. FILE PHOTO: An existing home for sale is seen in Silver Spring, Maryland February 21, 2014. REUTERS/Gary Cameron The Read More

Skittish investors pull more than $20 billion from stocks, rush into bonds: BAML

17 hours ago DieselGasoil Comments Off on Skittish investors pull more than $20 billion from stocks, rush into bonds: BAML
LONDON (Reuters) – Global equity funds saw massive outflows this week, a sharp reversal from last week’s inflows as pessimism over economic growth gripped investors once again, driving them instead to search for yield in credit and buy safer assets like bonds. FILE PHOTO: Traders work on the floor at the New York Stock Exchange Read More

UPS eyes in-home health services with U.S. vaccine project

1 day ago DieselGasoil Comments Off on UPS eyes in-home health services with U.S. vaccine project
LOUISVILLE, Ky. – United Parcel Service Inc wants to get beyond U.S. doorsteps with a new push into healthcare. Chris Cassidy, who leads United Parcel Service’s (UPS) global healthcare logistics strategy, is seen at the package delivery firm’s Worldport sorting facility in Louisville, Kentucky, U.S., February 5, 2019. Picture taken February 5, 2019. REUTERS/Lisa Baertlein Read More

ClearStream Announces Fourth Quarter and Annual 2018 Financial Results

1 day ago DieselGasoil Comments Off on ClearStream Announces Fourth Quarter and Annual 2018 Financial Results
CALGARY, Alberta, March 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS measures” section of this release for a description of Read More