Farmland Prices Drop in Parts of Midwest -- Update

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

By Jesse Newman Farmland values declined across much of the Midwest in the third quarter, continuing a slowdown driven by two years of lower U.S. crop prices, according to Federal Reserve reports on Thursday. The average price of farmland in ...

RWE Posts Jan-Sept Profit Gains but Confirms Gloomy 2014 View

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

FRANKFURT--German utility RWE AG said Thursday net profit in the first nine months of the year rose but warm weather and low wholesale electricity prices still weighed on earnings, prompting the power company to confirm its bleak full-year outlook. In ...

OECD Jobless Rate Falls

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

The rate of unemployment across the 34 nations that are members of the Organization for Economic Cooperation and Development fell in September for the second straight month, although the number of people without work remained well above the levels recorded ...

German Rate of Inflation Remains Low in October

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

By Emese Bartha FRANKFURT--German consumer price inflation stabilized at a low level in October, the federal statistics office said Thursday, confirming its first estimate, a sign that the eurozone continues to face the risk of too-low inflation or even deflation. ...

MOL Offered 4 Licenses in UK Continental Shelf After Bid

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

BUDAPEST--MOL Nyrt. (MOL.BU), a Hungary-based Central European oil and gas company has been offered four "highly prospective" licenses in the UK Continental Shelf after bidding in the UK's 28th Seaward Licensing Round, MOL announced in a stock exchange filing Thursday. ...

Spanish Prices in Negative Territory

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

MADRID--Spanish consumer prices remained in negative territory in October for the fourth consecutive month, Spain's National Institute of Statistics, or INE, said Thursday. In its final estimate for October, INE said the consumer price index dropped 0.1% on the year ...

U.S. Jobless Claims Rise to 290K

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

WASHINGTON-The number of new claims for jobless benefits rose last week but remained at levels that indicate an improving labor market. Initial claims for unemployment benefits increased by 12,000 to a seasonally adjusted 290,000 in the week ended Nov. 8, ...

MARKET SNAPSHOT: U.S. Stocks Erase Gains As Oil Plunges

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Energy sector stocks sell off NEW YORK (MarketWatch) -- The U.S. stock market struggled to sustain early morning gains, as a continued sell-off in energy stocks due to falling oil prices weighed on ...

MARKET SNAPSHOT: U.S. Stocks Rise; Wal-Mart Jumps On Results

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Strategist says a short-term correction is coming NEW YORK (MarketWatch) -- U.S. stock prices edged higher, boosted by better-than-expected quarterly results, from the likes of Wal-Mart Stores Inc., and reports of a few ...

U.S. Oil Prices Drop Below $75 a Barrel

TODAY: Jan. 28, 2015 PUB DATE: Nov. 13, 2014

By Nicole Friedman U.S. oil prices fell below $75 a barrel Thursday as U.S. production soared to its highest in decades. U.S. oil production rose above 9 million barrels a day in the week ended Nov. 7, the U.S. Energy ...

Fed's Plosser Urges Rate Rise Soon

TODAY: Jan. 28, 2015 PUB DATE: Nov. 12, 2014

NEW YORK--Federal Reserve Bank of Philadelphia President Charles Plosser Wednesday said the U.S. central bank needs to raise short-term interest rates "sooner rather than later," in a speech that praised the Fed's recent move closer toward ending its easy-money policy ...

Petronas to Buy Phillips 66's Stake in Malaysia Refinery

TODAY: Jan. 28, 2015 PUB DATE: Nov. 12, 2014

KUALA LUMPUR--Malaysia's state oil and gas company Petroliam Nasional Bhd., or Petronas, said Wednesday it has agreed to buy out the remaining 47% in Malaysian Refining Company Sdn. Bhd. held by Phillips 66 (PSX) for around $635 million. The acquisition ...

ICA Gruppen Buys Swedish Pharmacy Chain

TODAY: Jan. 28, 2015 PUB DATE: Nov. 12, 2014

STOCKHOLM--Retailer ICA Gruppen AB (ICA.SK) said Wednesday it is buying Swedish pharmacy chain Apotek Hjartat from private-equity firm Altor for 5.7 billion kronor ($771.2 million). Stockholm-listed ICA currently runs its own in-store pharmacy business and when the two businesses are ...

Swiss Central Bank Speaks Out Against Gold Initiative

TODAY: Jan. 28, 2015 PUB DATE: Nov. 12, 2014

By John Revill ZURICH--The head of Switzerland's central bank has warned that maintaining stable prices would be harder to achieve if the Alpine country votes to require the bank to keep a minimum amount of gold in its vaults. The ...

Commerzbank to Offer Payment Settlements in Renminbi From Nov 17

TODAY: Jan. 28, 2015 PUB DATE: Nov. 12, 2014

By Ulrike Dauer FRANKFURT--Commerzbank AG (CBK.XE) Wednesday said it has signed an agreement with Bank of China's Frankfurt branch under which Germany's second-biggest lender can offer renminbi payment settlements in Frankfurt to its corporate clients. From Nov. 17, Commerzbank clients ...

U.S. MBA Mortgage Survey Table Of Seasonally Adjusted Data

TODAY: Jan. 28, 2015 PUB DATE: Nov. 12, 2014

Seasonally Adjusted data for week ending 11/07/2014 Composite Index Current Prev Week % Change 4 Wks Ago Year Ago Index 372.9 376.1 -0.9 370.4 461.7 Purchase 160.9 159.2 1.1 171.7 182.2 Refi 1,590.3 1,621.2 -1.9 1,502.4 2,076.0 FRM 363.5 365.6 ...

U.S. MBA Mortgage Survey Table Of Unadjusted Data

TODAY: Jan. 28, 2015 PUB DATE: Nov. 12, 2014

Unadjusted data for week ending 11/07/2014 Composite Index Current Prev Week % Change 4 Wks Ago Year Ago Index 363.3 369.9 -1.8 366.0 449.8 Purchase 149.7 152.1 -1.6 166.8 168.4 Refi 1,590.3 1,621.2 -1.9 1,502.4 2,076.0 FRM 354.1 359.5 -1.5 ...