‘The Voice,’ ‘Dancing with the Stars’ now out-rating long-time champ ‘American Idol’ AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email NEW YORK, N.Y. – Television’s champion for nearly a decade, Fox’s “American Idol,” now isn’t even the most popular competition show on the air.Both editions of “The Voice” on NBC and “Dancing With the Stars” on ABC had larger audiences than “Idol” last week, the Nielsen Co. said. “Idol” has been the most popular entertainment program in prime time for nine years running and appears likely to lose that perch this season.“The Voice” had 14.2 million viewers last Monday and 12.8 million on Tuesday, Nielsen said. Its showing was more impressive among the 19- to 49-year-old viewers that NBC most actively seeks; the shows ranked No. 1 and 3 on that measurement last week.“American Idol” had 12.5 million viewers on Wednesday and 11.4 million on Thursday, Nielsen said. Among the younger demographic, “Idol” outpaces “Dancing With the Stars.”The most popular show on television this season so far is CBS’ “NCIS,” and it was the same story last week: The drama led with 17.3 million viewers.CBS won the week in prime time with an average of 8.7 million viewers (5.6 rating, 9 share). ABC had 6.4 million viewers (4.2, 7), Fox had 6.1 million (3.7, 6), NBC had 5.1 million (3.3, 5), the CW had 1.4 million (0.9, 1) and ION Television had 1.1 million (0.8, 1).Among the Spanish-language networks, Univision led with a 3.4 million viewership average (1.8, 3). Telemundo had 1.5 million (0.8, 1), UniMas had 510,000 (0.3, 0), Estrella had 210,000 and Azteca 90,000 (both 0.1, 0).NBC’s “Nightly News” topped the evening newscasts with an average of 8.1 million viewers (5.6, 11). ABC’s “World News” was second with 7.5 million (5.2, 11) and the “CBS Evening News” had 6.4 million viewers (3.9, 8).A ratings point represents 1,147,000 households, or 1 per cent of the nation’s estimated 114.7 million TV homes. The share is the percentage of in-use televisions tuned to a given show.For the week of April 22-28, the top 10 shows, their networks and viewerships: “NCIS,” CBS, 17.33 million; “The Big Bang Theory,” CBS, 15.1 million; “NCIS: Los Angeles,” CBS, 14.22 million; “The Voice” (Monday), NBC, 14.15 million; “Dancing with the Stars,” ABC, 13.77 million; “Person of Interest,” CBS, 13.22 million; “The Voice” (Tuesday), NBC, 12.78 million; “Dancing With the Stars Results,” ABC, 12.65 million; “American Idol” (Wednesday), Fox, 12.46 million; and “Castle” ABC, 11.76 million.___ABC is owned by The Walt Disney Co. CBS is owned by CBS Corp. CW is a joint venture of Warner Bros. Entertainment and CBS Corp. Fox and My Network TV are units of News Corp. NBC and Telemundo are owned by Comcast Corp. ION Television is owned by ION Media Networks. UniMas is a division of Univision. Azteca America is a wholly owned subsidiary of TV Azteca S.A. de C.V.___Online:http://www.nielsen.com by David Bauder, The Associated Press Posted Apr 30, 2013 4:08 pm MDT
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Christopher S. Rugaber, The Associated Press Posted Nov 5, 2013 6:11 am MDT WASHINGTON – A measure of U.S. home prices rose only slightly in September from August, a sign that prices are levelling off after big gains earlier this year.Real estate provider CoreLogic said Tuesday that home prices increased 0.2 per cent in September from the previous month. That’s sharply lower than the 0.9 per cent month-over-month gain in August and well below the 1.8 per cent increase in July.Prices still rose 12 per cent in September compared with a year ago.Higher mortgage rates and steady price increases began to slow home sales in September. As a result, price gains have cooled off.Mortgage rates are still very low. And the average rate on a 30-year fixed loan has fallen to 4.1 per cent in the past month, down from a two-year high of nearly 4.6 per cent over the summer.“This deceleration is natural and should help keep market fundamentals in balance over the longer-term,” said Anand Nallathambi, president and CEO of CoreLogic.Many economists expect the housing recovery to continue, though with slower gains in sales. Still, the spike in rates over the summer has weighed on the market. A measure of signed contracts to buy homes fell 5.6 per cent in September to the lowest level in nine months.There is generally a one- to two-month lag between a signed contract and a completed sale. The sharp drop in September suggests final sales will decline in the coming months.The annual price gains are widespread, according to CoreLogic. Prices rose in all 50 states and in all 100 of the largest U.S. metro areas.Price jumped 25.3 per cent in Nevada from a year earlier, the most in any state. California (22.5 per cent), Arizona (14.6 per cent), Georgia (14.4 per cent) and Michigan (13.9 per cent) reported the next highest gains.Home prices are still about 17 per cent below the peak reached in April 2006, according to CoreLogic. US home prices rise at slower pace in September as higher mortgage rates weigh on sales
Vermilion Energy reports 3Q net earnings of $67.8 million, 67 cents a share by The Canadian Press Posted Nov 7, 2013 2:25 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CALGARY – Vermilion Energy Inc. (TSX:VET) is reporting second quarter net earnings of $67.8 million, or 67 cents per share.That’s more than double the $30.8 million, or 31 cents a share, in the year ago quarter.Vermilion also says it is increasing it’s monthly cash dividend to 21.5 cents per share from the current level of 20 cents.The Calgary-based oil and gas company says it continues to benefit from a diversified product mix and growing exposure to European gas markets.Year to date earnings are $226.1 million, compared with $133.7 million during the first three quarters of 2012.Vermilion says it expects to achieve average annual production volumes at the upper end of its guidance range of 40,500 to 41,000 barrels of oil equivalent.It’s original 2013 guidance of 39,000 to 40,500 was increased following both the first and second quarters due to better-than-expected results from the company’s capital program.Vermilion has interests in Canada, Ireland, the Netherlands, France and Australia.
DEARBORN, Mich. – Alan Mulally is staying at Ford.The CEO, who was rumoured to be in the running to become Microsoft’s next leader, told The Associated Press Tuesday that he won’t leave the Dearborn, Mich., automaker before the end of 2014.“I would like to end the Microsoft speculation because I have no other plans to do anything other than serve Ford,” Mulally said in an interview.When asked if this should end investor concern about his departure, Mulally said, “You don’t have to worry about me leaving.” Mulally wouldn’t say if he had talked to Microsoft about becoming CEO. But he said the speculation was a distraction for Ford.Mulally is credited with returning Ford Motor Co. to profitability and changing the company’s culture, putting an end to widespread executive infighting. Mulally said he will stick with the plan to stay at Ford through at least the end of 2014. When Ford announced that plan in November 2012, it also promoted Mark Fields to chief operating officer, making him the likely successor to Mulally.Over the last few months, there have been numerous reports that Mulally was on the short list of candidates to replace Microsoft Corp. CEO Steve Ballmer. Microsoft announced in August that Ballmer plans to step down as CEO.Daniel Ives, an analyst at FBR Capital Markets, said in an email that Mulally’s decision was a negative for Microsoft because he was the front-runner for the CEO job. But Microsoft wouldn’t say Tuesday if Mulally’s announcement came as a surprise.“Out of respect for the process and the potential candidates, we don’t comment on individual names,” a Microsoft spokesman told the AP.Ford shares rose 21 cents to $15.59 in after-hours trading. Microsoft shares fell 47 cents to $36.94.Mulally’s withdrawal from Microsoft’s CEO derby further shrinks the pool of company outsiders who have been touted as Ballmer’s potential successor.Steve Mollenkopf, the chief operating officer of smartphone chip maker Qualcomm Inc., was identified as a top candidate in a Bloomberg News report last month. But Qualcomm quickly squelched the speculation by announcing plans to promote Mollenkopf to CEO in March.With Mulally out of the running, some of Ballmer’s top lieutenants might have a better chance of replacing their boss. The list of internal candidates includes Satya Nadella, who oversees the Microsoft’s lucrative business of selling computer servers and online services to other companies and government agencies, and Tony Bates, who joined Microsoft in 2011 when the company paid $8.5 billion for video calling service Skype.Microsoft’s pending acquisition of Nokia’s smartphone business also has spurred talk that Nokia CEO Stephen Elop will replace Ballmer. Elop left Microsoft in 2010 to join Nokia, a mobile phone pioneer that continued to lose market share to Apple Inc.’s iPhone and Android devices under Elop’s leadership.Mulally, 68, was trained as an aeronautical engineer. He spent 36 years at Boeing Co. — and was president of the company’s commercial airplane division — before Ford Chairman Bill Ford lured him to the struggling automaker in 2006. He overcame skepticism about being an outsider in the insular ranks of Detroit car guys by quickly pinpointing the reasons why Ford was losing billions each year. Just months into his tenure, he mortgaged all of Ford’s assets — including its Blue Oval logo — for a $23.5 billion loan to fund a massive restructuring. It was a prescient move that helped Ford avoid the fate of General Motors and Chrysler, which both filed for bankruptcy protection in 2009.During his tenure, Ford has earned $32.9 billion in pretax profit and its shares have more than doubled. The company expects to earn $8.5 billion before taxes in 2013. But it spooked some investors last month when it said pretax profits would be slightly lower in 2014 as it launches 23 vehicles worldwide.Mulally said Tuesday that the 2014 results will be “absolutely consistent with us investing even more in the enterprise for long-term profitable growth.”Erik Gordon, a business and law professor at the University of Michigan, said decision to stay ensures an orderly transition to a new CEO.“It’s important for a company as complex as Ford to do that,” he said.Mulally said he has allowed Fields to take over leadership of Ford’s now-famous Thursday management meetings — he’s even moved over one chair. But he still shares day-to-day leadership with Fields, concentrating more on long-term strategic issues such as meeting government fuel economy standards, connectivity of cars and trucks and rebuilding the company’s Lincoln luxury brand.“I’ve been really focused on the growth around the world,” Mulally said, pointing out expansion in China, the Middle East and Africa.His influence is everywhere at Ford. Many workers carry the wallet-sized “One Ford” cards he had printed, spelling out his expectation that employees work together to accelerate new vehicle development and profits.Mulally has been richly rewarded for his efforts, with total compensation of more than $174.45 million in his seven years at Ford. His pay has been a sore point for some workers, and UAW President Bob King once called it “outrageous.” But Mulally has defended his compensation, saying that it’s entirely tied to the success of the company.___AP Technology Writer Michael Liedtke in San Francisco contributed to this story. Ford CEO Mulally puts end to Microsoft speculation, to stay at Ford at least through 2014 by Dee-Ann Durbin And Tom Krisher, The Associated Press Posted Jan 7, 2014 3:37 pm MDT FILE – In this Oct. 21, 2013 file photo, Alan Mulally, president and CEO of Ford Motor Company speaks during a news conference in Hong Kong. Ford CEO Alan Mulally said Tuesday, Jan 7, 2014 he will not leave the automaker for Microsoft and will stay at Ford at least through 2014. (AP Photo/Vincent Yu, File) AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (14,361.83 up 27.79 points):Enterprise Group, Inc. (TSX:E). Engineering and construction. Down one cent, or 0.96 per cent, to $1.03 on 6.4 million shares.MGM Energy Corp. (TSX:MGX). Oil and gas. Unchanged at 14.5 cents on 5.9 million shares.Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up six cents, or 1.47 per cent, to $4.15 on 5.7 million shares. The plane and train builder issued an upbeat assessment of its financial prospects despite that the Crimean crisis is posing problems for an airplane production deal with Russia and word that it is among a number of companies being investigated alleged price fixing on public transportation contracts in Brazil.B2Gold Corp. (TSX:BTO). Miner. Up three cents, or 0.97 per cent, to $3.11 on 5.2 million shares.Surge Energy Inc. (TSX:SGY). Oil and gas. Up 17 cents, or 2.89 per cent, to $6.06 on 4.9 million shares.Talisman Energy Inc. (TSX:TLM). Oil and gas. Up 31 cents, or 2.85 per cent, to $11.18 on 4.4 million shares.Toronto Venture Exchange (1,035.26 down 3.61 points):Satori Resources Inc. (TSXV:BUD). Miner. Up three cents, or 35.29 per cent, to 11.5 cents on 5.9 million shares.Renegade Petroleum Ltd. (TSXV:RPL). Oil and gas. Up seven cents, or 4.52 per cent, to $1.62 on 5.6 million shares.Companies reporting major news:Osisko Mining Corp. (TSX:OSK). Miner. Unchanged at $7.59 on 1.75 million shares. The company, which is fighting a hostile takeover attempt by Goldcorp. Inc. (TSX:G), says costs are going down and production is rising at its Canadian Malartic mine in northern Quebec. Goldcorp shares were down four cents, or 0.13 per cent, at $29.96 on 2.7 million shares. Most actively traded companies on the TSX, TSX Venture Exchange by The Canadian Press Posted Mar 20, 2014 3:37 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
WASHINGTON – The head of the International Monetary Fund warns that leading nations need to embrace bold policy steps to accelerate a still-modest and fragile global economic recovery.IMF Managing Director Christine Lagarde says that as the world still struggles to emerge from the 2008 financial crisis, economies are under threat from tensions involving Ukraine and Russia to inaction in countries that should be driving growth.Lagarde says the European Central Bank should consider lowering interest rates further and using unconventional policies to support growth and fight inflation that is too low.Her comments came in a speech previewing next week’s meetings of global finance officials in Washington. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Martin Crutsinger, The Associated Press Posted Apr 2, 2014 9:18 am MDT IMF chief Lagarde warns that nations must adopt bold policy actions to boost global recovery
by Julian Beltrame, The Canadian Press Posted May 15, 2014 7:06 am MDT OTTAWA – Canada’s troubled factory sector continued on the road to recovery, with a post-recession high of $50.9 billion in seasonally adjusted sales in March that built on an unusually strong result the previous month.Economists had expected a slight decline after February’s robust 1.4 per cent expansion, which was revised a tick higher.But sales rose 0.4 per cent in value terms and an even healthier 0.5 per cent in volumes in March, with food, machinery, and plastics and rubber product industries leading the way.Still, economists note that the recent expansion — the sixth in seven months — only partly makes up for previous downturns in terms of volumes of output, which is directly tied to economic growth.The recent rebound is unlikely to add significantly to gross domestic growth in the first quarter, which ended March 31, economists said.“The persistent underlying weakness in manufacturing sales volumes still suggests that hopes for a pick-up in overall economic growth remain overly optimistic,” explained David Madani, chief economist with Capital Economics.“Given the high export-intensity of the manufacturing sector, it still seems that the export-led recovery is a long way off.”That pessimistic view is not shared by all analysts, or the Bank of Canada, which is counting on the building momentum in the U.S. economy, along with the lower loonie, to increase demand for Canadian products south of the border.Still, as far as the first quarter is concerned, March’s modest gain does not change the overall picture of a 1.5 to 2.0 per cent growth rate to the start of 2014 that has been held back by more severe than usual winter conditions in Canada and especially the U.S.TD Bank economist Jonathan Bendiner said Canada’s manufacturing sector can expect to benefit from the U.S. recovery going forward, although not as much as it might have in past recoveries.“Competitive challenges do remain for the sector,” he pointed out in a note to clients. “The recent Bank of Canada Monetary Policy Report highlighted how a loss of U.S. market share by non-commodity Canadian exporters has contributed to the recent disconnect between rising foreign demand and non-commodity export performance. The bank’s base case projections continue to assume that ‘non-commodity exports will grow at a somewhat slower pace than foreign demand.’ “There was more cautionary news in the Statistics Canada report. While actual sales rose, the pipeline going forward appeared to have run out of steam.Unfilled orders fell 0.8 per cent, and new orders plummeted 19.9 per cent, although both were coming off massive increases the month before.Statistics Canada said the new orders generally “returned to normal levels after a jump in February.”Overall, sales were up in 11 of 21 industries, representing approximately two-thirds of the manufacturing sector.Increases were largely offset by declines in the paper and petroleum and coal products industries. Canadian factories beat expectations, continue to rebound from harsh winter AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
TORONTO – The Canadian dollar closed little changed amid a weak employment report for May.The loonie edged down 0.01 of a cent to 91.49 cents US as job creation figures for Canada came in above expectations, up 25,800 for the month. But Statistics Canada said the gains were due to part-time positions, and the unemployment rate edged up to seven per cent from 6.9 per cent as more Canadians went looking for work in May. The number of full time jobs fell by 29,000.“Although today’s number was much improved, it still leaves the six-month trend running an anaemic 3,000, suggesting some potential for catch up given expectations of an economic acceleration in Q2,” said CIBC World Markets economist Nick Exarhos.The employment news out of the United States was much better. The Labor Department said the American economy cranked out 217,000 jobs, roughly in line with expectations. That’s down from 282,000 in April, which was revised slightly lower. Despite the gains, the unemployment rate remained 6.3 per cent.In other economic news, German industrial production edged up by a smaller-than-expected 0.2 per cent in April compared with the previous month, even as factory orders in Europe’s biggest economy strengthened. The figure was below economists’ expectations of a rise by 0.3 per cent or more.Meanwhile, traders looked ahead to a raft of key Chinese data coming out next week including readings on inflation, trade and retail sales.Ahead of those reports, The World Bank and the International Monetary Fund are urging China to focus on controlling risks from rapidly rising debt due to its reliance on credit-fuelled growth. The comments add to warnings by private sector analysts that China’s run-up in debt, especially since the 2008 global crisis, could lead to financial problems and disrupt economic growth that already is slowing.Commodity markets were mixed in the wake of the jobs data with July crude in New York 18 cents higher to US$102.66 a barrel.August bullion declined 80 cents to US$1,252.50 an ounce. July copper fell four cents to US$3.05 a pound. by Malcolm Morrison, The Canadian Press Posted Jun 6, 2014 6:57 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Loonie little changed on mixed Canadian employment data, strong U.S. jobs report