Syngenta's First-Half Profit Falls 12%

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By John Revill ZURICH-- Syngenta AG on Thursday reported a 12% fall in first-half profit as the Swiss pesticide and seed maker seeks to fend off a roughly $45 billion takeover bid from Monsanto Co. Basel-based Syngenta said profit for ...

Mexico Inflation Hit Historic Low in Early July

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

MEXICO CITY--Mexico's inflation hit a new historic low in early July. Mexican consumer prices rose much less than expected in the first two weeks of July, due to declines in telecommunications prices and electricity costs, while the annual inflation rate ...

Gold Ticks Higher on Weak Dollar

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Tatyana Shumsky Gold prices turned higher on Thursday, as a weaker dollar helped spur a rebound from 10 days of losses, but gains were muted by upbeat U.S. employment data. The most actively traded contract, for August delivery, was ...

U.S. Grains, Soybeans Lift as Selling Stalls

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Jesse Newman CHICAGO--U.S. grain and soybean futures advanced in early trading Thursday as selling tapered off across agricultural markets. Wheat prices rebounded after prices slid to the lowest level in more than three weeks in the previous session. Analysts ...

U.S. Jobless Claims Fall To Lowest Level Since 1973

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Eric Morath WASHINGTON--The number of U.S. workers filing applications for jobless benefits last week fell to the lowest level in four decades, another sign of a strengthening labor market. Initial jobless claims, an indication of layoffs, decreased by 26,000 ...

South Africa Central Bank Raises Interest Rates

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Alexandra Wexler PRETORIA, South Africa--South Africa's central bank raised its main interest rate Thursday, citing persistent accelerating inflation. The South African Reserve Bank raised its key interest, or "repo", rate by a quarter of a percentage point to 6%, ...

Canada Job Insurance Claims Up 3.7% in May from April

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Judy McKinnon Initial and renewal claims for unemployment insurance benefits in Canada rose 3.7% to 250,330 in May, Statistics Canada said Thursday. On a 12-month basis, claims jumped 10.6%. Job insurance claims are an indication of the number of ...

Concerns Over Vedanta Cairn India Valuation Cast Doubt on Deal

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Selina Williams and Alex MacDonald LONDON--Concerns over the valuation of minority shares in a complex deal to combine two of India's biggest resources companies-- Cairn India and Vedanta Ltd.--have cast doubt on whether shareholders will approve it. Vedanta Resources ...

U.S. Jobless Claims Fall to Lowest Level Since 1973--Update

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Eric Morath An important measure of layoffs hit its lowest mark since the Nixon administration, a sign of increasing momentum in the labor market and a possible hint at the extent of job growth for the full month of ...

Coffee Prices Drop Sharply as Market Support Fails

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Christian Berthelsen Coffee prices dropped sharply at the start of trading Thursday after the market broke below price levels that had held up for months, a technical signal to traders that coffee, which was already in a bear market, ...

U.S. Government Bonds Strengthen

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Min Zeng U.S. government bonds recovered from an early pullback to strengthen Thursday as weaker stocks and crude oil prices boosted demand for safer assets. The yield on the benchmark 10-year Treasury note recently fell to a two-week low ...

U.S. Soybeans Drop On Better Weather, Slow Demand; Grains Rise

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Jesse Newman CHICAGO--U.S. soybean futures sagged Thursday amid improving crop prospects and worries over demand for U.S. supplies. Wheat and corn prices gained. Soybean prices dropped, weighed down by forecasts for largely favorable weather in the eastern U.S. Midwest, ...

Oil Prices Enter Bear Market

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

U.S. oil prices sank into a bear market Thursday as a global glut of crude shows little sign of abating. Prices had settled below the key $50-a-barrel mark for the first time since early April on Wednesday, and they kept ...

Starbucks Revenue and Profit Grow

TODAY: Aug. 28, 2015 PUB DATE: July 23, 2015

By Angela Chen Starbucks Corp. said revenue jumped 18% in the June quarter, boosting profit as traffic increased world-wide. Shares increased about 3.6% in recent after-hours trading as the company also raised its full-year earnings outlook, saying it sees adjusted ...

Asian Stocks Pull Back After Recent Gains

TODAY: Aug. 28, 2015 PUB DATE: July 22, 2015

By Chao Deng Asian stocks traded mostly lower Wednesday, pulling back after several consecutive sessions of gains, amid disappointing results from technology and industrial heavyweights in the U.S. Japan's Nikkei Stock Average was off 1.1% at 20621.6, while Australia's S&P; ...

Proposal Would Use Some Fed Bank Dividends for Highway Funding

TODAY: Aug. 28, 2015 PUB DATE: July 22, 2015

By Kate Davidson Many in Congress wants to put more money into the highway trust fund, and some now want the Federal Reserve's help. Senate Majority Leader Mitch McConnell (R., Ky.) released draft legislation Tuesday that would offset new highway ...

Microsoft Reports Big Quarterly Loss -- 2nd Update

TODAY: Aug. 28, 2015 PUB DATE: July 22, 2015

By Shira Ovide Microsoft Corp. turned in an upside-down financial report for its fiscal fourth quarter, showing weakness in its usually robust corporate-software division but strength in some consumer-technology areas that are traditionally middling. It also reported a $3.2 billion ...

Yen Higher Against Rivals as Stocks Fall

TODAY: Aug. 28, 2015 PUB DATE: July 22, 2015

By Hiroyuki Kachi The yen was moderately stronger against the dollar and other rival currencies during Asian trading hours Wednesday, as stock market weakness following overnight falls on Wall Street pushed more investors into the perceived safety of the Japanese ...