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Canada's RioCan says to explore sale of U.S. portfolio

Canada’s largest real estate investment trust RioCan said on Friday it is exploring a potential sale of its assets in the United States, valued by analysts at between $2 billion and $2.25 billion. The company, which acquired most of its assets on the cheap in the midst of the global financial crisis, said it has benefited from the growth in the value of its U.S. portfolio and the cash flow

US stocks mixed after ExxonMobil, Chevron profits dive

US stocks traded mixed Friday after ExxonMobil and Chevron profits slumped on falling crude oil prices, dragging down the Dow, as investors digested a slew of corporate earnings reports. About 50 minutes into trade, the Dow Jones Industrial Average was down 26.36 points (0.15 percent) at 17,719.62. The broad-market S&P 500 was flat (0.00 percent) at 2,108.63, while the tech-rich Nasdaq Composite Index gained 6.60 (0.13 percent) at 5,135.39.