Stock index futures surge on fiscal deal

PARIS (Reuters) – Stock index futures pointed to a higher open on Wall Street on Wednesday after lawmakers passed a bill preventing huge tax hikes and spending cuts that had threatened to push the economy into recession.Futures for the S&P 500 were up 1.7 percent, Dow Jones futures were up 1.2 percent and Nasdaq 100 futures up 1.3 percent at 1103 GMT.The House of Representatives voted for a bill...

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FLYHT Signs New AFIRS 220 Contract in Nigeria

CALGARY, ALBERTA–(Marketwire – Jan 2, 2013) – FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY) (“FLYHT”) reported today that it has signed a contract with a Nigerian airline for the Automated Information Reporting System (“AFIRS™”) 220.The contract requires FLYHT to install the AFIRS 220 on five Airbus A319 and A320 aircraft for a domestic operator in Nigeria. The airline will use AFIRS to provide...

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Stock futures surge, Wall Street set for rally on fiscal deal

NEW YORK (Reuters) - Stock futures surged on Wednesday, setting up Wall Street to rally in the first trading session of the new year, after U.S. lawmakers passed a bill preventing huge tax hikes and spending cuts that threatened to jeopardize economic growth. * The House of Representatives voted for a bill, which the Senate passed on Monday, that will raise taxes on wealthy individuals...

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Stanford holds off Wisconsin 20-14 in Rose Bowl

PASADENA, Calif. (AP) — Andrew Luck, Toby Gerhart and coach Jim Harbaugh started Stanford's improbable football renaissance, yet they never stood in the center of the Rose Bowl with the West Coast's most coveted trophy raised above their heads.In fact, the last Stanford team to do what the Cardinal did Tuesday night had a defense known as the Thunderchickens.Forty years after Stanford's last Rose...

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13 key stories to watch for in 2013

Among the few virtual certainties of 2013 is the ongoing anguish of Syria and the decline of its president, Bashar al-Assad.STORY HIGHLIGHTSLook for more unrest amid power transitions in the Middle EastDisputes and economic worries will keep China, Japan, North Korea in the newsEurope's economy will stay on a rough road, but the outlook for it is brighterEvents are likely to draw attention to cyber...

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Concern over Oscar voting extends deadline

LOS ANGELES (AP) — Growing concern that problems with the new electronic Oscar voting system could lead to record-low turnout has prompted the motion picture academy to extend the deadline for members to vote for Oscar nominations.But next week’s highly anticipated announcements looming, the extension is only for a day, until Friday. The Academy of Motion Picture Arts and Sciences said Monday any...

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US Senate approves key tax deal

1 January 2013 Last updated at 05:47 ETPlease turn on JavaScript. Media requires JavaScript to play. President Obama said a larger deal could be accomplished “in several steps”The US Senate has approved a deal to avert general tax hikes and spending cuts known as the “fiscal cliff”.The bill, which raises taxes for the wealthy, came after lengthy talks between Vice-President Joe Biden and Senate Republicans.The...

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Changed Number of Outstanding Shares in BlackPearl

CALGARY, ALBERTA–(Marketwire – Dec 31, 2012) – BlackPearl Resources Inc. (the “Company”) (PXX.TO)(OMX:PXXS) -As a result of the exercise of options and warrants, the total number of shares and votes in the Company has changed during December 2012 as follows.The number of shares has increased by 2,526,465 and the total number of shares and votes in the Company as of December 31, 2012 is 295,765,808.The...

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Senate approves 'fiscal cliff' deal, crisis eased

WASHINGTON (Reuters) - The Senate moved the U.S. economy back from the edge of a "fiscal cliff" on Tuesday, voting to avoid imminent tax hikes and spending cuts in a bipartisan deal that could still face stiff challenges in the House of Representatives. In a rare New Year's session at around 2 a.m. EST (0700 GMT), senators voted 89-8 to raise some taxes on the wealthy while making permanent...

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Reid among 7 NFL coaches sacked in firing frenzy

Andy Reid is the winningest coach in the history of the Philadelphia Eagles. Lovie Smith led the Chicago Bears to the 2007 Super Bowl.Now they're looking for work.Seven coaches and five general managers were fired Monday in a flurry of pink slips that were delivered the day after the regular-season ended.Ken Whisenhunt is out after helping Arizona reach the Super Bowl following the 2008 season. Also...

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