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Jetblue said to be in talks to drop Amex as credit-card partner
2014-11-01 18:04:22| Airlines - Topix.net
JetBlue Airways Corp. is in talks to replace American Express Co. as its credit-card partner, according to two people briefed on the matter.
First Majestic Silver (AG) Stock Hits One-Year Low as Silver Prices Drop to Four-Year Low
2014-11-01 07:54:12| Industrial Machines - Topix.net
Silver futures for the December delivery dropped nearly 5% to $15.635, their lowest price since February 2010, according to Bloomberg . The decline occurred thanks in part to the Bank of Japan, which helped strengthen the U.S. dollar when it bolstered its stimulus by increasing its annual target for enlarging the monetary base to 80 trillion yen, or $723 billion, up from a range of 60 to 70 trillion yen.
How oil's 29% drop surprised investors on OPEC price war
2014-10-31 02:41:17| Energy - Topix.net
After three-and-a-half months of slow decline, the tipping point for a steeper drop came on Oct. 1, said Ray Carbone, president of broker Paramount Options Inc. That's when Saudi Arabia cut prices for its biggest customers. The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China, Mideast violence that threatened to disrupt supplies and never did.
Tags: price
war
drop
surprised
Maple Leaf Foods continues to post losses, sales drop after Canada Bread sale
2014-10-30 16:10:00| Food - Topix.net
A slimmed-down Maple leaf Foods Inc. is reporting losses at its continuing operations during the third quarter as it closes older plants, including one in New Brunswick, and shifts production to a newer operation in southern Ontario. Maple Leaf's net loss was $26.7 million or 19 cents per share, which was more than the $24.5 million or 18 cents per share in last year's third quarter.
Shell hurt by oil price drop, names new chairman
2014-10-30 10:43:27| Chemicals - Topix.net
Shell, Europe's largest oil company, reported Thursday a small fall in third quarter net profit against a backdrop of sliding oil prices, and named former DuPont Chief Executive Charles Holliday to become chairman of the board in 2015. Net profit was $4.46 billion, down 4.5 percent from $4.67 billion in the same period a year earlier.
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