Manufacturer Dover forecast a smaller profit and a bigger decline in revenue because of weaker spending in several industries and production problems in its retail refrigeration unit. The company also said its purchase of British company Wayne Fueling Systems won close until early next year because regulators in the United Kingdom are still reviewing the deal. The stock gave up $5.55, or 7.7 percent, to $66.69..
cheap iphone Cases Per the press release:Their returns were the result of the overvaluation of their largest assets, which eventually led to Nordlicht and his co conspirators operating Platinum like a Ponzi schemeOn April 9, 2012, a press release (which has since been removed from the Pershing website) highlighted the ties Pershing had with Platinum and its founder Mark Nordlicht (emphasis added):Converting the debt resulting from the Relief Canyon Mine acquisition has been a priority for Pershing as we desired to strengthen the balance sheet and move forward with autonomy. It has been a pleasure working with Mark Nordlicht and Mark Mueller from Platinum Long Term Growth LLC as they have proven to be great long term value added partners with Pershing since the very beginning. Pershing would like to thank them for their assistance in working with us to help us carry out our vision.We are troubled that the described “long term valued added partners” Pershing worked with from the very beginning were later indicted on charges of securities fraud, in part relating to asset valuation. cheap iphone Cases
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iPhone x case CALGARY Canadian energy executives view TransCanada Corp. Decision to scrap its $15.7 billion Energy East project on Thursday as just the latest multi billion dollar project cancellation in a string of abandoned energy proposals worth over $56 billion over the past year alone.Calgary based TransCanada announced it would not proceed with its massive 1.1 million barrels per day oil pipeline between Alberta and New Brunswick on Thursday after it had previously said it needed to understand the cost impacts of the federal Liberal government changing regulatory requirements.careful review of changed circumstances, we will be informing the National Energy Board that we will no longer be proceeding with our Energy East and Eastern Mainline applications, TransCanada CEO Russ Girling said in a statement Thursday.Explorers and Producers Association of Canada president Gary Leach said the cancellation should be viewed in the context of other major energy projects that have not proceeded in Canada, including the $35 billion Pacific Northwest LNG project, the $5.4 billion Northern Gateway pipeline and CNOOC Nexen cancelled Aurora LNG project, for which costs were not disclosed.common thread here is that Canada generally has displayed an unwelcoming policy environment and an uncertain approval process the rules are unclear, there are lots of opportunities to intervene and oppose, Leach said.Major oil companies have opportunities to invest in other jurisdictions and, for both companies, investment elsewhere looked more attractive given the constant changes to Canada regulatory structure, he said.Canada, I think this is a blow. We are deluding ourselves if we think Canada is a place with a stable, predictable investment climate iPhone x case.