CME Cattle Review: Rally On Japan Easing Ban; Sellers Scarce
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CME Cattle Review: Ends Lower As Attention Turns To Cash
CattleNetwork.com, KS -
Christian Methodist Episcopal Church
Northeast Mississippi Daily Journal, MS -
World Ag Market Finishes Quietly
Ag Report - Jul 28 7:33 AM
CHICAGO – Jul 28/06 – SNS — Agricultural commodity markets are finishing the week’s trading on a relatively quiet note, thought state trading corporations in India remained active, buying east European wheat.Save to My Web
Stocks rally on rate hopes and oil's decline
Reuters – U.S. crude oil futures fell in a sell-off on the New York Mercantile Exchange, triggered by talk among traders that there might soon be a ceasefire in the conflict between Israel and Hizbollah in Lebanon. The Dow Jones industrial average< .DJI>was up
OIL FUTURES: Oil Lower On Profit Taking But Seen Firmer
CattleNetwork.com – LONDON (Dow Jones)–Crude oil prices in London fell Friday on profit taking but Nigerian light sweet grade's supply cuts and the ongoing Middle Eastern tensions are keeping the mood bullish. At 0959 GMT, the front-month September Brent contract on
Big Movers in the Stock Market
Las Vegas Sun – NEW YORK (AP) – Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market. The contract electronics manufacturer swung to a quarterly loss but forecast an improved third quarter. Massey
Markets drop on GDP fears
Times-Leader – Oil futures posted more gains amid caution about the Middle East conflict and pipeline snags at Shell s Nigerian operations. A barrel of light crude gained 60 cents to settle at $74.54 on the New York Mercantile Exchange. Investors excitement
Economy Slows Sharply, Inflation Heats Up
Fort Lauderdale Sun-Sentinel – WASHINGTON — The economy's growth slowed sharply in the second quarter, logging just a 2.5 percent pace as consumers tightened their belts and spending on home building dived. Inflation, however, shot up. The latest snapshot of gross domestic
Gold up but inside Tuesday's range
Philadelphia Enquirer – NEW YORK – Gold futures settled slightly higher on Wednesday, as traders waited for direction from the movement of the dollar, oil or world events."It's a wait-and-see game and many people are trying to gauge the geopolitical landscape before making
Stock futures flat; earnings, GDP eyed
Washington Post – LONDON (Reuters) – Stocks futures were mixed on Friday, indicating a similar start on Wall Street, with further corporate earnings and key U.S. growth data due later. Companies reporting include Chevron Corp
Oil prices up slightly; Venezuelan minister says OPEC powerless to
CJAD – At London's ICE Futures exchange, Brent crude for September rose 32 cents to US$75.33 a barrel. In other Nymex trading Friday, gasoline futures remained steady at US$2.2960 a gallon, while heating oil futures rose 0.75 cent to US$1.9871 a gallon
Wall Street seen higher as investors mull GDP data
MSN MoneyCentral – US stocks were poised to open higher on Friday as investors mulled new data on the health of the US economy along with positive earnings from the oil services sector. An hour before the bell, S&P 500 futures were 4.77 points above fair value, while
U.S. stock futures lean higher on GDP data
Marketwatch – LONDON (MarketWatch) — U.S. stock market futures leaned higher Friday as slower-than-expected economic growth provided hopes that the Federal Reserve would stop raising interest rates, offsetting concerns over a greater-than-expected jump in labor
Deutsche starts exchange-based futures business in India
Finance Asia – between different companies; they can do it all with Deutsche Bank custody services, cash management and futures, with the assurance of Deutsche s global expertise and best practice standards. Earlier in 2006, the firm opened a futures trading
About Capital Eye Political Markets
Opensecrets.org – In 1992, IEM asked the Commodity Futures Trading Commission (CFTC) to regulate its markets. A no action agreement reached with the commission means that the CFTC will act as a hands-off monitor as long as the program follows certain guidelines
CFTC Commissioner Sharon Brown-Hruska to Join NERA Economic Consulting
WebWire – Brown-Hruska has served as a commissioner of the Commodities Futures Trading Commission (CFTC) since 2002."As a former Commissioner of the Commodity Futures Trading Commission who also served as Acting Chairman, Sharon Brown-Hruska is one of the
BP earnings rise 30% as gas prices soar
Dayton Daily News – Commodity Futures Trading Commission filed a civil complaint, alleging BP traders illegally manipulated part of the U.S. propane market in early 2004. BP shares fell 0.55 percent to 630 pence ($11.59) on the London Stock Exchange. Related: Find the
Betting Against the Dollar
Forbes – Since 2001 the Commodity Futures Trading Commission has won $300 million in restitution and civil penalties from 90 enforcement actions brought against hundreds of firms, owners and employees for defrauding 27,000 customers in forex schemes. Buying
Lying to In-House Counsel May Lead to Prosecution
Law.com – El Paso had been served with subpoenas from a federal grand jury and the Commodities Futures Trading Commission, and had received a data request from the Federal Energy Regulatory Commission. Each of these sought information about natural gas trades
Global Issues Continue to Keep Oil Prices High
Southwest Nebraska News – Ongoing violence in the Middle East lifted the cost of crude oil above $79 in futures trading last week, before settling back to nearly $74 this week. Retail gasoline prices responded by increasing to the $3 level at many stations across the U.S
Japanese Stocks Fall; Dollar Down vs. Yen
Associated Press – In currencies, the dollar was trading at 116.30 yen on the Tokyo foreign exchange market at 5 p.m. (0800 GMT) Friday, down from 116.81 yen from late Thursday in New York. The euro rose to $1.2670 from $1.2636. The yield on Japan's 10-year government
Why I'm A Dollar Bull
MSNBC – Already many Asian companies are feeling the squeeze because their revenues are denominated in falling dollars, and their costs are denominated in often-rising local currencies. When the United States slows down, the pressure on businesses will
Street wanders as war rages
Times-Leader – The dollar made gains against most major currencies, and gold prices also climbed. The mix of news and mediocre earnings led to lethargic trading, especially with the consumer price index and producer price index two key measures of inflation
Moving to Margins in a New Marketing Age
Advertising Age – That can be difficult for global marketers that have to translate multiple currencies into a single set of financial results, but Mr. Luby believes it's fundamental to getting marketing thinking on the right track. As a result, he sees a growing move
China must focus on wider yuan trading band, flexible exchange rate
Forbes – E-Business -Enterprise Tech -Infoimaging -Intelligent Infrastructure -Personal Tech -Sciences&Medicine -Wireless -CIO Network -Digital Entertainment Markets -Equities -Economy -Commodities -Bonds -Emerging Markets -Currencies Entrepreneurs -Finance -Human Resources
Global Investor: Why Hong Kong is Still on Top
MSNBC – for"economic freedom"10 years in a row, and rightly so. And Hong Kong is far more deeply internationalized than many larger financial centers, including New York, with almost 60 percent of its banking business denominated in foreign currencies.
Japanese stocks dip ahead of earnings
Associated Press – Sharp, which also reports earnings Tuesday, rose 4.03 percent to 1,836 yen ($15.83), while Toshiba Corp. fell 1.55 percent to 698 yen ($6.02). In currencies, the dollar was trading at 116.42 yen on the Tokyo foreign exchange market at 3 p.m. Monday
Zacks Buy List Highlights: Freescale Semiconductor, Inc., Greif, Inc., CBOT Holdings, Inc., and OMI Corporation
[Press Release] Business Wire via Yahoo! Finance - Jul 19 3:00 AM
CHICAGO—-July 19, 2006–Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value.Save to My Web
Nasdaq and CBOT see earnings surge
Market Watch - Jul 20 6:45 AM
NEW YORK (MarketWatch) — The Nasdaq and the Chicago Board of Trade posted hefty increases in quarterly earnings as the marketplaces continue to grow their electronic trading businesses. Save to My Web
EARNINGS REPORTS
Kansas City Star - Jul 21 12:23 AM
Advanced Micro Devices Inc. said second-quarter profit rose to $88.8 million, or 18 cents a share, from $11.3 million, or 3 cents, a year ago. Revenue slipped to $1.22 billion from $1.26 billion.Save to My Web
CBOT(R) Sets Quarterly Record For Volume as Total Increases by 13 Percent Over Q2 2005
FinanzNachrichten - Jul 03 4:10 AM
CHICAGO, July 3 /PRNewswire-FirstCall/ — The Chicago Board of Trade ( Nachrichten ) (CBOT), one of the world’s leading derivatives exchanges, today announced that volume during the second quarter of 2006 reached a record 208,019,646 contracts, an increase of 13 percent over the second quarter of 2005. Volume for the second quarter averaged a record 3,301,899 contracts per day, up 14 percent from Save to My Web
The week ahead
The Olympian - Jul 16 4:36 AM
WASHINGTON – Federal Reserve reports on industrial production for June, 6:15 a.m.; Treasury bill auction, 11 a.m. CENTRAL ISLIP, N.Y. – Sentencing of former American Tissue CEO Mehdi Gabayzadeh for swindling banks and investors of nearly $30 million and causing the company to collapse.Save to My Web
Nymex Still Negotiating With Comex On Key Trading Right
CattleNetwork.com - Jul 17 12:46 PM
NEW YORK (Dow Jones)–The New York Mercantile Exchange still hasn’t reached a deal with its Comex division on a deal that could enhance competitiveness with a key rival in the booming market for trading metals, Nymex’s chief executive said Monday.Save to My Web
Weather and Trade News Opens Week
Ag Report - Jul 17 7:21 AM
CHICAGO – Jul 17/06 – SNS — Weekly trade on international agricultural commodity markets is off to a relatively good start, with several wheat trades reported over the weekend to Egypt and Iraq, while crops in North America had a stressful weekend.Save to My Web
CBOT Corn Review: Climbs On Weather Worries; Spec Buying
CattleNetwork.com - Jul 03 2:31 PM
CHICAGO (Dow Jones)–Chicago Board of Trade corn futures ended sharply higher Monday, climbing to their highest levels in over two weeks, as the market added risk premium on weather concerns.Save to My Web
Ben Stein and Global Forex Trading Team Up to Kick Off Strategic Trading Institute in Las Vegas
SYS-CON Media - Jul 10 8:11 AM
Global Forex Trading, a world-leading online currency trading corporation, has enlisted CBS Morning News commentator, Hollywood personality and popular economist Ben Stein to kick off a new trading education company, Strategic Trading Institute (http://www.stitrader.com/ ).Save to My Web
CBOT vow on Nybot hosting
Financial Times - Jul 20 1:30 PM
The Chicago Board of Trade yesterday said it remained committed to a plan to host the New York Board of Trades financial products on its electronic trading platform.Save to My Web
Refinery snags push oil prices over $75
Houston Chronicle - Jul 24 1:45 PM
Oil prices jumped to $75 a barrel today following reports of several refinery snags that helped push gasoline futures higher. Save to My Web
Stock futures gain on ATI, HCA takeovers
Reuters via Yahoo! News - Jul 24 5:11 AM
U.S. stock index futures suggested a higher market open on Monday as several takeover deals looked likely to help stocks bounce back from Friday’s declines and kick off a busy earnings week on a high note.Save to My Web
U.S. Stock-Index Futures Rise: Dell Gains in Europe (Correct)
Bloomberg.com - Jul 24 2:02 AM
(Corrects typographical error in first paragraph.) July 24 (Bloomberg) — U.S. stock-index futures rose ahead of second-quarter earnings reports from companies such as Merck & Co., BellSouth Corp. and American Express Co.Save to My Web
U.S. Stock-Index Futures Rise: Schering-Plough, Merck Advance
Bloomberg.com - Jul 24 6:05 AM
July 24 (Bloomberg) — U.S. stock-index futures rose after earnings from Schering-Plough Corp., Merck & Co. and BellSouth Corp. exceeded analysts’ estimates, signaling corporate profits are withstanding higher interest rates.Save to My Web
Copper Surges as Strike Looms at Chile’s Escondida From Aug. 7
Bloomberg.com - 8 minutes ago
July 25 (Bloomberg) — Copper futures surged after a union at Escondida in Chile, the world’s largest copper mine, said it would call a strike next month unless BHP Billiton improves a wage offer, possibly curbing supply of the metal.Save to My Web
KLIBOR Futures Higher At Midday
Bernama - Jul 23 11:11 PM
KUALA LUMPUR, July 24 (Bernama) — The three-month Kuala Lumpur Interbank Offered Rates (KLIBOR) futures contracts on the Bursa Malaysia Derivatives were higher at midday with one contract month traded.Save to My Web
Crude prices fall on hopes for Middle East solution
Market Watch - Jul 24 4:47 AM
NEW YORK (MarketWatch) — Crude-oil futures eased early Monday on hopes diplomatic efforts to resolve the conflict between Israel and Lebanon will succeed before the violence spreads to any other countries in the region. Save to My Web
ABN Amro Futures signs for Microgen’s Cortex+
Finextra - Jul 24 3:54 AM
Microgen plc announced today that ABN AMRO Futures Ltd has purchased a license for Microgen Cortex+.Save to My Web
TEXTILE INDUSTRY: Closures shatter workers’ futures
The Myrtle Beach Sun News - Jul 24 12:28 AM
Mary Walker holds her breath as she watches her husband limp along – slowly, painfully, stiffly – through the parking lot of Avondale Mills.Save to My Web
CBOT Corn Review: Lower On Weather Outlook
CattleNetwork.com – CHICAGO (Dow Jones)–Corn futures at the Chicago Board of Trade settled lower Monday in bearish response to confirmation of mild forecasts that are expected to bring rain and cooler temperatures to the Midwest , analysts said. September futures
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Smart Money – The future looked brighter for futures exchange operator CBOT Holdings ( BOT ), the parent of the Chicago Board of Trade, which more than doubled its bottom line on a 31% revenue gain thanks to growing interest in agricultural commodities. Expectations
CBOT tops as trading volume rises
Investors Business Daily – Profit for the parent of the Chicago Board of Trade jumped 134% to 82 cents a share, beating views by 9 cents. Revenue climbed 31% to $158.5 mil as exchange fees increased 32% and clearing fees rose 12%. CBOT Holdings ( BOT ) said trading volume
Nymex Still Negotiating With Comex On Key Trading Right
CattleNetwork.com – This matter seemed insignificant at the time but is now a major issue with the CBOT having snatched away over a third of the market share in some key contracts like gold and silver futures. Comex trades for five hours a day through pit dealing and
DJ CBOT Soy Review:Lower; Stumbles To 3 1/2-Week Lows
FXStreet.com – DJ CBOT Soy Review:Lower; Stumbles To 3 1/2-Week Lows CHICAGO (Dow Jones)–Chicago Board of Trade soybean futures ended Friday's session on the defensive, stumbling to 3 1/2-week lows on speculative selling amid the absence of an adverse weather
DJ CBOT Soy Outlook:Dn 3-5c, e-CBOT, Favorable Weather
FXStreet.com – DJ CBOT Soy Outlook:Dn 3-5c, e-CBOT, Favorable Weather CHICAGO (Dow Jones)–Soybean futures at the Chicago Board of Trade are seen starting Friday's session on the defensive, in step with e-CBOT trade, as the market continues to trade favorable near
CBOT shares soar on record 2Q earnings
Crain's Chicago Business – (Reuters) CBOT Holdings Inc. , parent of the No. 2 U.S. futures exchange, on Thursday reported higher-than-expected second-quarter earnings on record derivatives trading volume and lower operating costs, sending its shares up more than 7 percent
Roberts: Nothing New, Weather Dominates Market Trading
CattleNetwork.com – CORN on the CBOT finished lower a range of 5 /bu 9 /bu on deferreds through DEC 07. The JULY 06 closed at $2.516/bu, off 9 /bu. DEC 06 corn futures ended down 8.6 /bu at $2.680/bu. Despite heat-stressing weather by noon , market-opening
EARNINGS REPORTS
Kansas City Star – CBOT Holdings Inc. said second-quarter profit surged to $43.5 million, or 82 cents a share, from $18.2 million, or 35 cents, a year ago. Revenue increased 31 percent to $158.5 million. ChoicePoint Inc. said second-quarter profit fell to $34.86 million
DJ * CBOT Call: Soymeal Dn 50c-$1 Per Ton, Soyoil Dn 10-20 Pts
FXStreet.com – DJ * CBOT Call: Soymeal Dn 50c-$1 Per Ton, Soyoil Dn 10-20 Pts (END) Dow Jones Newswires 07-21-06 0959ET Copyright (c) 2006 Dow Jones&Company, Inc. DJ info: 82904 N/DJAG,N/DJCS,N/OSAG,N/OSCM,N/OSOV,N/OSTR,N/AGC,N/CMD,N/DJWI,N/DRV,N/FCTV,N/FDM N/GRN
Analysts Wary About Hedging Deferred CBOT Corn Futures
CattleNetwork.com - Jul 20 12:31 PM
CHICAGO (Dow Jones)–Although current prices for deferred Chicago Board of Trade corn futures for delivery in December 2007 and December 2008 are near or above $3 per bushel, producers should exercise caution before hedging their anticipated production, analysts said.Save to My Web