Fortuna Silver Mines Inc., which is traded on the Toronto Stock Exchange, has applied for a listing on the New York Stock Exchange, the Vancouver-based company said Monday.
In the aftermath of Hurricane Irene, Chase bank has found a heart for potential suffering customers in New York, New Jersey and Connecticut: Staff will be increased, banking hours will be extended, and that banking overdraft fees and credit card late fees will be waived.
Hurricane Irene's rampage through 10 states caused an estimated $7 billion to $13 billion in damage from violent winds and flooding, and left almost 6 million homes and businesses without power.
Hurricane Irene shut down the neon lights on Broadway, and substantially reduced commercial activity over the weekend -- including canceling thousands of flights, but the storm's economic damage will likely be far less than originally predicted. In particular, New Yorkers, for the most part, feel like they were spared.
Gold rose 1.4 percent Monday in early U.S. trading as investors inclined toward the view that the decision of the top U.S. central banker to extend by a day a key September meeting might indicate an intent to intervene in the bond market, an action that is bullish for gold.
Hurricane Irene has left the U.S. East Coast but the update in the aftermath reveals a path of destruction, as the storm plodded along 1,100 miles of coastline while inflicting whipping and drenching impact. Clean will likely take months, and damage could near $20 billion on all.
While it is still early in the recovery process for Hurricane Irene, given weaker-than-expected wind speeds, particularly for the New York metro area landfall, FBR Capital Markets believes it is safe to say that loss expectations are lower than many investors thought last Thursday and Friday when forecasts shifted to show a more inland path for the storm.
Following Irene's fury, America's largest metropolitan city is back in business on Monday as most subways and buses resumed service. Commuter traffic is lighter than normal as many in the region still lack power and others who fled remain out of town, but it was a quick turnaround for New York.
Hurricane Irene's path over the weekend caused havoc by taking at least 21 lives across the United States. The hurricane has also forced Samsung to delay its Galaxy S2 smartphone, which was expected to come to the U.S. on Aug. 29.
A U.S. and European push to impose U.N. Security Council sanctions on Syria for its bloody crackdown on pro-democracy demonstrators is meeting fierce resistance from Russia and China, U.N. diplomats said.
Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 1 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 1 percent at 0930 GMT (5:30 a.m. ET).
The top after-market NYSE Losers on Friday are: Strategic Hotels & Resorts, Quanta Services, KBR, Chicago Bridge & Iron, Pier 1 Imports, Kronos Worldwide, UDR, Alere, Nucor and Temple-Inland.
The top after-market NYSE gainers on Friday are: Banco Santander, Brookfield Office Properties, Jaguar Mining, Sandridge Energy, Radioshack, Toll Brothers, General Growth Properties, Endeavour Silver Corp, Bank of America and CVR Energy.
The Libyan convicted in the 1988 bombing of a U.S.-bound airliner over Lockerbie, Scotland, has been found in Tripoli and appears at death's door, CNN reported Sunday.
A new prognostic model may predict whether patients with advanced cancer are likely to survive for days, weeks or months, researchers say.
Hurricane Irene's impact on New York City proved not as severe as feared, since winds did not reach hurricane force, above 74 mph.
Conventional wisdom in legal circles has long held that Goldman Sachs (GS.N) might escape further large fines or criminal charges for its role in the 2007-2009 financial crisis after reaching a $550 million settlement with securities regulators in July 2010.
U.S. President Barack Obama on Sunday warned that flooding from Hurricane Irene could worsen as rivers flood their banks and said federal recovery efforts would last a few weeks.
Hurricane Irene swept through Manhattan on Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United States where driving rain and flood tides inundated homes and cut power to millions.
More than 470,000 Long Islanders lost power due to Irene
Was the Hurricane Irene Path Evacuation and transit system shutdown ordered by New York Mayor Michael Bloomberg wrong?
A final decision on whether to cut power to Lower Manhattan due to storm surges has not been reached, said New York power utility Consolidated Edison, or Con-Ed, said Sunday, but flooding in the area appeared to be less severe than expected.
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