A week ago, the average price was one - tenth
of a cent higher.
Not exact matches
After the bell, chip giant Intel posted quarterly earnings
of 51
cents a share, a penny
higher than forecast.
The Canadian dollar fell 0.6
of a
cent to 97.34
cents US as the U.S. dollar and bond yields headed
higher after the announcement.
Typically, inflation
of one per
cent signals economic weakness because there is too little demand to force prices
higher.
But because operators bill at such a
high rate for data roaming — at about 15
cents per kilobyte
of information in France, for example, which is roughly the amount
of information in this paragraph — consumers typically reach that limit within a few hours
of downloading standard e-mails.
Brent crude oil futures were last up 12
cents at $ 73.98 a barrel at 0937 GMT, some 2 percent below the November - 2014
high of $ 75.47 reached on Tuesday.
Ripple's cryptocurrency, which hit a record
high of $ 3.84 in January, has pulled back significantly to around 49
cents as
of Wednesday, according to CoinMarketCap.com.
Continental posted net income
of $ 233.9 million, or 63
cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were
higher.
Oil has dropped more than six per
cent since closing at a two - year
high of $ 110.53 on Sept. 6.
Brent crude settled 14
cents higher at $ 74.00 a barrel, below the November 2014 intraday
high of $ 75.47 reached on Tuesday.
Brent crude oil futures were down 14
cents at $ 73.72 a barrel at 1128 GMT, some 2 percent below the November 2014
high of $ 75.47 reached on Tuesday.
Oil prices slid more than one per
cent on Tuesday as the US dollar remained near a four - month
high, but worries that US President Donald Trump will pull out
of the Iran nuclear deal underpinned the market.
Personal income tax will hit a 20 - year
high of 12.5 per
cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.
According to the Bank
of Canada, close to half
of all
high - ratio mortgages originated in Toronto were to borrowers with loan - to - income ratios in excess
of 450 per
cent.
But he points to a report from the Parliamentary Budget Officer released earlier this year showing that, since 2009, the debt service ratio — a measure
of income spent to pay debt — has remained steady at around 14 per
cent, not much
higher than the long - term average.
But the same PBO report projects the debt service ratio will rise to an all - time
high of 16.3 per
cent by the end
of 2021.
The fact is, a
higher proportion
of teenagers work at a minimum wage job in most provinces across Canada today than a decade ago (49 per
cent across Canada, 70 per
cent in Ontario in 2016), but a growing proportion
of adults have been doing so as well.
Aside borrowers, investors benefit from regular monthly returns at an average rate
of 15.5 per
cent, which is significantly
higher than other asset classes.
«(With an alternative lender), the interest rates are
higher, the qualifying rate is
higher than if you were going with a traditional bank and they are going to charge one per
cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»
The problem was that analysts had expected a slightly
higher profit
of 24
cents per share on revenue
of $ 2.13 billion.
Regionally, prices were
higher in all provinces except British Columbia, which recorded its third consecutive month
of disinflation, chiefly attributed to a one - per -
cent decrease in food costs.
Though, the strong revenues won't off set
higher costs, with an estimated loss per share
of 31
cents.
The Tax Foundation recently published research that found America's top rate
of business tax — 35 per
cent — is the
highest amongst the 34 industrialized nations
of the Organization for Economic Cooperation and Development (OECD).
Because the average salary for a woman still lags behind men's (the American Association
of University Women says women earn 82
cents for every dollar a man makes one year after graduation) and lenders favor two - income households over single earners, Lautz says women are «making the most sacrifices to get into a home, but they're still placing a
high value on owning a home
of their own.»
The whole concept
of inversion, and the simpler relocation
of smaller firms» HQs, is driven by one simple desire — to avoid America's corporate tax rate which headlines at 35 per
cent, which is the
highest corporate tax rate in the industrialized world.
Gold miner Northern Star Resources has increased its dividend payout after confirming a 65 per
cent jump in full - year profit, on the back
of higher gold prices and a reduction in costs.
The loonie's plunge below 70
cents against the U.S. dollar in mid-January was bad news for energy companies but will boost the competitiveness
of our
high - tech firms.
The state's rural confidence is at its
highest level in over two years after a rainy autumn has found 84 per
cent of farmers expecting this year to be better or as good as last year's season.
Perth - based Excalibur Mining Corporation's shares closed over 150 per
cent higher on news it was considering an acquisition
of Singapore - based tech company Dropmysite for an undisclosed sum.
Fueled by low prices, and an improving job market, consumption
of gasoline in the U.S. rose by 2.6 per
cent last year to 9.2 million barrels a day, the
highest level since 2007, the government said.
As a simple rule
of thumb, if the value
of each point is less than 1
cent, use cash and keep your points for a
higher - value opportunity.»
Analysts expected earnings
of 12
cents per share on much
higher revenue
of $ 740.1 million, according to a consensus estimate from Thomson Reuters.
Valeant stock was up $ 8.83 or 10.15 per
cent to $ 95.85 after earlier hitting an all - time
high of $ 96.25.
West Texas Intermediate (WTI) oil futures for April delivery traded 6
cents higher near $ 61.25 a barrel as
of 11:05 a.m., ET, after settling up 23
cents on Thursday.
«While the so - called «value - added» data transmission sector
of the Australian telecommunications market is growing rapidly — at rates
of up to 25 per
cent per annum — the demand for new
high - speed services is not being met in rural and remote regions
of the country,» Mr Woods said.
«For decades, households in Ontario had incomes as much as 20 per
cent above the Canada average, and 10 per
cent higher as recently as the turn
of the century.
«From 1980 to 2007, in that period, revenues from the top 1 per
cent of income earners went from 1.6 per
cent of GDP, to 3.1 per
cent of GDP, a huge surge
of revenues from the
highest income earners,» he said, crediting tax cuts with generating that wealth during those years.
High - grade hits
of copper and gold from the maiden drill program at Jubilee sent Hammer's share price soaring from 3.4
cents in mid-December to a peak
of 5
cents early in the new year.
The change would be eliminating the dividend refund that comes later, which could bump the effective tax rate on passive income, in cases
of high income earners, to the 70 - per -
cent - plus level Poilievre talks about.
Rive argues that when the factory is up and running it will be able to produce
high - output PV cells at about 55
cents a watt — about a 20 % reduction from current prices, which will help Rive get closer to his goal
of making solar cheaper than fossil fuels.
John Boyd opened a winery in 1972 with prices
of $ 1 to $ 1.50 a bottle — low enough to grab market share but
high enough to cover variable costs (which he figured at about 35
cents a bottle) and make a profit.
Aéropostale's shares have slipped from an all - time
high of $ 29.90 in 2010, to 15
cents when the stock stopped trading Thursday.
The Australian bourse has clocked up its best two - day gain in over 33 years after the market closed four per
cent higher, following the biggest point gain ever on Wall Street and news
of the federal government's $ 10.4 billion economic stimulus package.
For all
of 2017, retail sales increased 6.7 per
cent to reach $ 588 billion, the
highest annual growth rate since 1997.
The dollar has eased off in the last couple
of days since Trump complained about it being too strong, but, after rising half a
cent on the back
of Draghi's press conference, it's still close to a 14 - year
high against the euro.
Higher costs will hurt its ability to grow profits in the first three months
of the year, it said, forecasting earnings
of between 60 and 80
cents a share, below the 83
cents a share forecast by analysts polled by Thomson Reuters.
Although it commands just 15 per
cent of the smartphone market, compared to more than 80 per
cent for devices running Google's Android software, the company is responsible for more than half the profits earned by smartphone manufacturers worldwide (some estimates now put the number as
high as 93 %).
The share
of part - time work among university - educated Canadians also rose from 10 per
cent in the 1990s to 13.5 per
cent today, with the gap relative to
high - school graduates narrowing to only one percentage point.
Local listed leader, Evans & Tate, has been trading at 52 - week
highs of around $ 1.35, close to double the 78
cent low the stock slumped to in June.
CIBC also found that real weekly wages
of high school and college graduates have risen by 13 per
cent versus eight per
cent among undergraduate degree holders and more than double the rate seen among MA and PhD holders.