Stocks Give Up Gains, Euro Swings After ECB Cuts Rates

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Riva Gold and Saumya Vaishampayan Stocks gave up gains and the euro swung sharply Thursday after the European Central Bank announced a series of fresh stimulus measures to boost sagging eurozone inflation. The Dow Jones Industrial Average fell 0.1%, ...

U.S. Government Bonds Pull Back After ECB Moves

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Min Zeng U.S. government bonds pulled back slightly Thursday after an earlier round of price gains. A looming bond auction and upbeat labor-market release sapped demand for haven debt. Bond prices had gained earlier along with higher debt prices ...

Keystone Pipeline Operator TransCanada in Takeover Talks

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Ben Dummett, Dana Mattioli and Dana Cimilluca TransCanada Corp., the company behind the controversial Keystone XL oil pipeline project, is in takeover talks with Columbia Pipeline Group Inc., a U.S. natural-gas pipeline operator with a market value of about ...

Zumbrota, Minn Hog Market Steady At $40.00 - Mar 10

TODAY: May 4, 2016 PUB DATE: March 10, 2016

Barrow and gilt prices at the Zumbrota, Minn., livestock market today were steady at $40.00 per hundredweight. Sow prices are steady. Sows weighing under 450 pounds were at $29.00-$30.00, 400-450 pounds were at $29.00-$30.00, 450-500 pounds were at $29.00-$30.00 and ...

European Bank Stocks Give Up Early Gains From ECB Measures

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Jon Sindreu and Max Colchester European bank shares lost early gains on Thursday, as investors shrugged off some positive stimulus measures from the European Central Bank and continued to view the sector as one of the biggest losers from ...

U.S. Grains, Soybeans Hit Multiweek Highs as Dollar Declines

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Jesse Newman CHICAGO--U.S. grain and soybean futures closed at multiweek highs Thursday as the U.S. dollar dropped and worries persisted over inclement spring weather. Wheat prices climbed to a five-week high, advancing as the dollar slumped and traders fretted ...

Free Trade Loses Political Favor

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Bob Davis After decades in which successive Republican and Democratic presidents have pushed to open U.S. and global markets, resentment toward free trade now appears to have the upper hand in both parties, making passage this year of a ...

Rail-Deal Structure Raises US Concerns

TODAY: May 4, 2016 PUB DATE: March 10, 2016

(FROM THE WALL STREET JOURNAL 3/10/16) By Brent Kendall and Laura Stevens WASHINGTON -- The U.S. Justice Department's top antitrust official on Wednesday raised competition concerns about a proposed voting-trust structure that would involve two rail giants if they merged, ...

Hungary President Blocks Central Bank Bill

TODAY: May 4, 2016 PUB DATE: March 10, 2016

Hungary's president refused to sign an amendment that would curb access to information about the use of central-bank funds in an unusual rebuke of Prime Minister Viktor Orban and his ruling Fidesz party. Instead, President Janos Ader, an ally of ...

Nasdaq Adds More Options Exchanges

TODAY: May 4, 2016 PUB DATE: March 10, 2016

(FROM THE WALL STREET JOURNAL 3/10/16) By Josh Beckerman and Saumya Vaishampayan Nasdaq Inc. agreed to buy options-exchange operator International Securities Exchange for $1.1 billion, a deal that gives it control of nearly 40% of the U.S. options market. Nasdaq, ...

India's Industrial Output Likely Expanded in January -- Poll

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Anant Vijay Kala NEW DELHI--India's industrial output likely expanded marginally for the first time in three months in January, a survey shows. The index of industrial production, which measures the output of factories, mines and utilities, likely rose 0.4% ...

Bank of Korea Keeps Base Rate Unchanged

TODAY: May 4, 2016 PUB DATE: March 10, 2016

SEOUL?South Korea's central bank held its base rate steady at 1.5% for the ninth straight month as expected Thursday, though there remains pressure to ease policy and spur growth. The decision indicated continued caution at the central bank about cutting ...

Asian Shares Mostly Rise, Buoyed by Energy Stocks

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Chao Deng Most shares in Asia rose Thursday, buoyed by gains in energy stocks. Japan's Nikkei was up 1.1%, Hong Kong's Hang Seng Index edged higher by 0.7% and Australia's S&P;/ASX 200 was up 0.2%. Global investors are wary ...

ChemChina's Global Shopping Spree is Debt-Fueled

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Kane Wu China Inc.'s most aggressive overseas acquirer is addicted to debt. China National Chemical Corp.--known as ChemChina--has asked bankers for more than $43 billion in loans over the past year to fund a global shopping spree. That includes ...

CURRENCIES: Euro Slips As ECB Uncertainty Keeps Traders On Edge

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Sara Sjolin, MarketWatch , Hiroyuki Kachi New Zealand dollar dives after rate cut The euro slipped against other major currencies on Thursday, as investors stayed cautious ahead of the closely watched European Central Bank meeting. Financial markets have already ...

U.S. Jobless Claims Fall Last Week to Lowest Level Since October

TODAY: May 4, 2016 PUB DATE: March 10, 2016

By Eric Morath WASHINGTON-The number of Americans applying for new unemployment benefits fell last week to the lowest level since October, the latest sign the jobs market is improving. Initial claims for jobless benefits, a proxy for layoffs in the ...

Correction to Argentina Oil and Gas Drillers Story on Wednesday

TODAY: May 4, 2016 PUB DATE: March 10, 2016

Some energy analysts say Argentina's high production costs make the system unsustainable "Argentina's 'Dead Cow' Provides Rare Bright Spot for Oil, Gas Drillers," at 6:37 p.m. ET Wednesday, incorrectly stated analysts described the system as sustainable in the 6th paragraph. ...