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Bengal Energy Announces Calendar 2019 Development Forecast Highlights and Fiscal 2019 Second Quarter Results

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CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) — Bengal Energy Ltd. (TSX: BNG) (“Bengal” or the “Company”) today announces its development program for 2019 and financial results for the second quarter of fiscal 2019 ended September 30, 2018. CALENDAR 2019 DEVELOPMENT FORECAST: 2019 Drilling Program – Bengal and its joint venture partners on the ATP Read More

Parkland Fuel Corporation Announces November 2018 Dividend

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CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI), Canada’s largest and one of North America’s fastest growing independent suppliers and marketers of fuel and petroleum products and a leading convenience store operator, today announced that a dividend of $0.0978 per share will be paid on December 14, 2018 to shareholders of Read More

S&P, Dow lose ground as crude plunge punishes energy stocks

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NEW YORK (Reuters) – The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, Read More

Even after sell-off, Blackstone's Wien avoids gloom on U.S. stocks

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NEW YORK (Reuters) – U.S. stocks have been battered over the last few weeks but a senior executive at Blackstone Group LP, one of the world’s most influential asset managers, said there is no cause to be overly worried about next year. Byron Wien, Vice Chairman of Private Wealth Solutions group, speaks during the Reuters Read More

U.S. recession unlikely before 2020, and then 'wok' shaped

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NEW YORK (Reuters) – U.S. President Donald Trump may just escape having to grapple with a recession before the U.S. Presidential elections in 2020, with investors saying it is unlikely one will occur before then. Joachim Fels, Managing Director at PIMCO, speaks during the Reuters Global Investment Outlook Summit in New York, U.S., November 13, Read More

Dow, S&P 500 end down with energy, Boeing

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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, 2018. REUTERS/Brendan McDermid NEW YORK (Reuters) – The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing (BA.N), offsetting a small gain in technology shares and renewed hopes for Read More

More pain in store for Italian bonds: NN IP CIO

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LONDON (Reuters) – Italian assets have further to fall before prices start to look attractive but the selloff will not trigger 2012-style contagion across the euro zone or require the ECB to step in, NN Investment Partners’ chief investment officer said on Tuesday. Head of asset allocation at NN Investment Partners, Valentijn van Nieuwenhuijzen, speaks Read More

Wall Street gives up early gains as energy weighs on stocks

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NEW YORK (Reuters) – Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Read More

Amazon picks New York City, Washington D.C. area for $5 billion new headquarters

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SAN FRANCISCO/WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) picked America’s financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C. The world’s largest online retailer plans to spend $5 billion on the two new developments Read More

Emerging debt, unlike most fixed income, not expensive: TCW's Foley

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NEW YORK (Reuters) – Emerging market debt is a rare fixed-income class that does not look too expensive, and could be an even more attractive investment if the U.S. dollar weakens, according to Penny Foley, portfolio manager for TCW Group Inc’s emerging markets and international equities groups. Penny Foley, Portfolio Manager for the TCW Emerging Read More