Jones Energy Inc. Class A (JONE) Soars 33.78% on January 02
Jones Energy Inc. Class A (JONE) had a good day on the market for Wednesday January 02 as shares jumped 33.78% to close at $0.46. About 62,592 shares traded hands on 43 trades for the day, compared with an average daily volume of 328,176 shares out of a total float of 5.14 million. After opening […]
TSE moves higher
Rising oil prices helped boost the energy sector as Canada’s main stock index headed higher on the first trading day of the year. The S&P/TSX composite index was up 24.59 points at 14,347.45. In New York, the Dow Jones industrial average was down 64.4 points at 23,263.06. The S&P 500 index was down 5.72 points […]
Digital studio gets rebate
A Halifax-area digital studio is getting a payroll rebate of up to $1.5 million over five years. Nova Scotia Business Inc., the provincial government’s business development agency, says REDspace Inc. will get the incentive to expand its operations in Bedford. The company specializes in mobile, web, video and gaming for media brands and networks including […]
Housing market moderating
Assessed values of some single family homes in Metro Vancouver’s once red hot housing market dropped between five and 10 per cent in the latest assessments used to determine property taxes in British Columbia. Meanwhile, BC Assessment says some property owners in the rest of the province have seen five to 15 per cent increases […]
Longshoremen strike vote
Longshoremen at the Port of Montreal have voted nearly unanimously for a strike mandate to be used at any time during ongoing contract negotiations with their employers. Union spokesman Michel Murray said today 99.49 per cent of voting members recently gave their union the power to call a strike at the second-largest port in the […]
TransCanada gas pipeline blocked in Maryland over fracking concerns
60 lawmakers sent a letter to regulator urging no pipeline across the state A board of high-ranking Maryland officials on Wednesday rejected a proposed TransCanada pipeline across the western part of the state that would carry natural gas produced in Pennsylvania to West Virginia. The Board of Public Works voted 3-0 against an easement for […]