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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
With people around the world worried about the escalating crisis in Greece and conflicts in the Middle East and Ukraine, today former U.S. Treasury official, Dr. Paul Craig Roberts, warned King World News that we are in scary times as the Russians won’t comply and the risk of world war is rising.
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.
Hurt by falling oil prices, Chevron said Friday that its second-quarter net income plunged 90 percent from the same period a year ago. Shares of Chevron Corp. fell nearly 4 percent in morning trading Friday. …
Steven Finn has admitted his match-winning performance against Australia was beyond his wildest dreams.
RICHMOND, Va. (AP) — Pass rusher Junior Galette’s agent says the outside linebacker has agreed to a one-year contract with the Washington Redskins for the league minimum.