US slashes estimate for world corn stocks
US officials cut hopes for the domestic corn harvest, and make huge revisions to Chinese data, heightening concerns over world supplies
View full post on Commodities Stories
US estimate of resilient corn stocks ‘a joke’
Corn prices recover early losses, after some traders query a USDA assessment that a hole in supplies of the grain will be filled by wheat
View full post on Commodities Stories
U.S. stocks tumble, 3-day gain streak ends
New York, NY, United States (AHN) – U.S. stocks tumbled on Monday ending a three-day gain streak as investors shrugged off a report of higher consumer spending in February and retreated over geopolitical concerns.
The Dow Jones Industrial Average lost 23 points or 0.2 percent to close at 12,198. Home Depot was the biggest blue-chip decliner after announcing it will sell a $2 billion debt offering.
The Standard & Poor’s 500 Index slid 3.6 points or 0.3 percent to 1,310, dragged by Marriott International’s slump.
The Nasdaq Composite Index shed 12 points or 0.5 percent to 2,731 with eBay among the losers after announcing it will acquire GSI Commerce for $2.4 billion.
Oil for May delivery declined $1.42 to $104 per barrel.
Gold futures for April delivery fell $6.60 to $1,420 per ounce.
View full post on All Stories
U.S. stocks up for second straight day on surge of tech shares
New York, NY, United States (AHN) – U.S. stocks gained for the second straight day on Thursday as technology firms’ positive earnings reports beat concerns on crises in Japan and Libya.
The Dow Jones Industrial Average rose 85 points or 0.5 percent to 12,171 with Hewlett-Packard Co. as the top gainer.
The Standard & Poor’s 500 Index recovered lost ground since the earthquake and tsunami that struck Japan increasing 12 points or 0.9 percent to 1,310. Linux vendor Red Hat was the top gainer after reporting high earnings and raising its profit forecast. Other gainers were semiconductor maker Micron Technologies and chipmaker Nvidia.
The Nasdaq Composite Index climbed 38 points or 1.4 percent to 2,736.
Crude oil futures settled at $105.60 a barrel on the New York Mercantile Exchange. The oil for May delivery was 59 cents or 0.6 percent lower.
Gold futures for April delivery fell $3.10 or 0.2 percent to $1,440 an ounce.
View full post on All Stories
Resources stocks lift Asian markets
Asian shares were generally higher as resources stocks gained ground on expectations of demand once rebuilding gets under way in Japan, even as worries about the Middle East and the eurozone continued to weigh
View full post on UK Business Stories
U.S. stocks extend surge for third day, Dow hits 12,000 mark
New York, NY, United States (AHN) – U.S. stocks continued its surge for the third straight day on Monday sending back the Dow Jones Industrial Average above the 12,000 level.
The $39 billion merger of AT&T and T-Mobile plus improving containment of overheating nuclear reactors in disaster-stricken Japan sparked investors’ rally that send the Dow rising 173 points or 1.5 percent to 12,036. The Dow was below the psychological level since after the March 11 earthquake and tsunami that hit northeastern Japan.
The Standard & Poor’s 500 Index closed 19 points or 1.5 percent up at 1,298 led by luxury retailer Tiffany & Co.
The Nasdaq Composite Index added 48 or 1.8 percent to close at 2,692.
Crude oil for April delivery rose $1.26 or 1.3 percent to settle at $102 per barrel. The rise came as an international coalition forces continued air strikes on Libyan military targets on Monday as part of a UN Security Council sanctioned no-fly zone aimed at protecting rebels in the north African country.
Gold futures for April delivery jumped $13.70 or 1 percent to $1,430 an ounce.
View full post on All Stories
U.S. stocks sink to lowest 2011 level as investors fear Japan nuke crisis fallout
New York, NY, United States (AHN) – Investors scared of Japan’s nuclear crisis took refuge in U.S. Treasury notes to lessen exposure to risky assets sending two of the three main indexes to their lowest level for the year on Wednesday.
The Dow Jones Industrial Average lost 242 points or 2 percent to 11,613 cutting its 2011 gains to 0.3 percent. All 30 components were down led by IBM, General Electric and American Express.
The Standard & Poor’s 500 Index shed 25 points or 1.95 percent to close at 1,257, a 0.06 percent loss for 2011.
The Nasdaq Composite Index slid 50 points or 1.89 percent to 2,617.
Oil for April delivery rose 80 cents or 0.8 percent to settle at $98 a barrel.
Gold futures for April delivery climbed $3.30 to $1,396 an ounce.
View full post on All Stories
U.S. stocks rally, Dow post best gain in 3 months
New York, NY, United States (AHN) – U.S. stocks rallied on Thursday with the Dow Jones Industrial Average posting its best and largest gain since Dec. 1 as investors reacted positively to a drop in weekly jobless claims and a retreat in oil prices.
The blue chip index surged 191 points or 1.6 percent to close at 12,258 as the Labor Department reported 368,000 initial jobless claims in the week ending Feb. 26, the lowest weekly figure since May 31, 2008.
The Standard & Poor’s 500 Index gained 22 points or 1.7 percent to 1,331 led by oil refiner Valero Energy.
The Nasdaq Composite Index jumped 51 points or 1.9 percent to 2,799.
Oil for April delivery declined 35 cents to $102 a barrel. The decline was spurred by news that Libyan leader Moammar Gaddafi hinted of negotiating with protesters through the mediation of Venezuelan President Hugo Chavez.
Gold futures for April delivery fell $21.30 to $1,416 an ounce.
View full post on All Stories
U.S. stocks in third day of losses, Nasdaq rebounds
New York, NY, United States (AHN) – U.S. stocks ended mixed on Thursday with the blue chips and S&P 500 index extending losses for a third straight session day as oil prices retreated.
The Dow Jones Industrial Average lost 37 points or 0.3 percent to close at 12,068.
The Standard & Poor’s 500 index was a tick off or 0.2 percent at 1,306.
The Nasdaq Composite Index rose 15 points or 0.5 percent to 2,738.
Crude oil futures for April delivery lost 30 cents with a barrel settling at $97 after trading above $100 in the early trading hours.
Gold futures for February delivery rose $1.80 or 0.1 percent to $1,416 an ounce.
View full post on All Stories
World grain stocks ‘may tighten further’ – Yara
The fertilizer giant highlights the weak health of winter crops, and an incomplete rebound in nitrogen demand, as it unveils a profits rise
View full post on Commodities Stories
Day Trading- China opposes EU’s emissions scheme
- A study on Automated Forex Trading and how it works
- Swing Trading System Automated Forex Trading – Many Advantages
- Why You Should Be Using Automated Forex Trading System To Leverage Your Time And Earn a Passive Income while You Sleeping
- Wall Street opens higher Friday fueled by a strong jobs report
- Court rules for Motorola and makes Apple pull iPads and iPhones in Germany
- How an Automated Forex Trading Software Helps You Become a Successful Forex Trader
- Never so divided, never so united
- President Obama lauds as U.S. Senate reigns in insider trading by lawmakers
- U.S. Senate puts lid on multi-million dollar bonuses of Freddie, Fannie
- Business loans
- An error has occurred; the feed is probably down. Try again later.
- Trading 101
- Stocks fall Friday amid European downgrade concerns
- U.S. stocks fall as eurozone worries overshadow jobs news
- Stocks up after jobless claims hit 3 1/2-year lows
- Stocks open lower on eurozone deal doubts
- Dow holds strong gains Wednesday after Fed move
- Stocks slide on euro worries; oil trades over $100 a barrel
- Markets open down Friday despite drop in unemployment rate
- U.S. stocks rally Friday ahead of weekend Eurozone summit
- Apple shares drop 5.3% in Germany following news of Jobs’s death
- U.S. considers fraud investigation into Chinese Internet companies
- Internet Money
- Business Credit Information
- Honda widens recall for airbag problem
- GM CEO: Earnings good, but not good enough
- Chinese companies buying automaker Saab
- Suzuki demands VW return shares after alleged contract breach
- Chrysler has best September since 2007
- Honda recalls million cars worldwide
- General Motors to manufacture plug-in Cadillac ELR plug-in hybrid electric car
- GM earnings soar 92 percent on global sales
- Volkswagen postpones MAN supervisory board takeover
-
