The Real Reason ICE Covets the London Stock Exchange

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Bradley Hope In the modern world of exchanges, profits are more likely to come from behind-the-scenes entities that take on the risks of trades, not from the trading itself. That helps explain why Atlanta-based Intercontinental Exchange Inc. is considering ...

Aubrey McClendon Indicted on Antitrust Charges -- Update

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Amy Harder and Brent Kendall WASHINGTON--Aubrey McClendon, former CEO of Chesapeake Energy and one of the biggest names in the U.S. energy boom, was indicted Tuesday on charges of conspiring to rig bids for the purchase of oil and ...

Aubrey McClendon Indicted on Antitrust Charges -- 3rd Update

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Bradley Olson, Brent Kendall and Erin Ailworth Aubrey McClendon, one of the pioneers of the U.S. shale boom, was indicted by a federal grand jury Tuesday on charges of conspiring with an unnamed company to rig the price of ...

Dividend Cut Rocks Barclays Stock

TODAY: May 5, 2016 PUB DATE: March 2, 2016

(FROM THE WALL STREET JOURNAL 3/2/16) By Max Colchester LONDON -- Shares in Barclays PLC fell more than 10% Tuesday after the British bank reduced its dividend and set out plans to sell down its African business. Recently installed Chief ...

Global Stocks Rise

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Riva Gold Stocks around the world extended gains Wednesday as a recent rebound in commodities prices and signs of improvement in the U.S. economy helped calm fears of a global slowdown. European stocks rose and Asian shares surged following ...

Global Inflation Accelerated in January, OECD Says

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Paul Hannon Global inflation rates picked up for a fourth straight month in January, although that revival is likely to prove short-lived following sharp falls in commodity prices since the start of the year. The Organization for Economic Cooperation ...

China Shanghai Rubber Futures Closing Prices, Volume

TODAY: May 5, 2016 PUB DATE: March 2, 2016

Wednesday, March 2 2016 Natural Rubber Turnover: 991,050 lots Open High Low Settle Prev. Change Vol Open Settle Interest Mar-16 10,250 10,445 10,250 10,350 10,085 265 94 1,182 Apr-16 10,305 10,560 10,300 10,395 10,200 195 38 828 May-16 10,400 10,660 ...

Moody's Cuts China Outlook and Affirms Rating

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Josh Beckerman Moody's Investors Service lowered its outlook on China's credit rating to negative from stable, while affirming the Aa3 rating. The rating firm attributed the lowered outlook to issues including rising government debt and capital outflows. Moody's said ...

Oil Prices Fall on Surge in U.S. Stockpiles

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Georgi Kantchev and Jenny W. Hsu Oil prices fell on Wednesday, ending a recent rally after an industry group revealed a larger-than-expected increase in U.S. crude stockpiles. The American Petroleum Institute reported late Tuesday that U.S. crude stocks grew ...

Jack Daniel's Maker Brown-Forman Lowers Earnings Guidance

TODAY: May 5, 2016 PUB DATE: March 2, 2016

Brown-Forman Corp. cut its earnings outlook for the year after the maker of Jack Daniel's whiskey said sales slipped in its latest quarter, pinched by slowing emerging markets and the strong U.S. dollar. In updating its guidance for its fiscal ...

Sports Authority Files for Bankruptcy Protection -- 2nd Update

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Matt Jarzemsky and Sara Germano Sports Authority Inc. on Wednesday filed for chapter 11 bankruptcy protection and said it would close 140 stores, as the big-box chain struggles with a shift to online shopping. The retailer, which has about ...

Facebook Faces Antitrust Investigation in Germany

TODAY: May 5, 2016 PUB DATE: March 2, 2016

BERLIN--Germany's Federal Cartel Office said on Wednesday it has opened an investigation into Facebook Inc. on suspicion the company is abusing its market dominance to violate data-protection laws. "It needs to be clarified if consumers are being sufficiently informed about ...

S&P 500, Nasdaq Futures -- Technical Analysis

TODAY: May 5, 2016 PUB DATE: March 2, 2016

Chicago Mercantile Exchange March S&P; 500 Futures 2108.90 -- lifetime high 1990.76 -- 100-day moving average 1978.00 -- previous day's high 1977.90 -- previous day's close 1968.70 -- previous month's high 1966.23 -- second pivot point resistance 1950.25 -- 4-day ...

U.S. Stocks Pull Back

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Saumya Vaishampayan and Riva Gold U.S. stocks fell Wednesday, pulling back after major indexes posted their biggest one-day gains since January. The Dow Jones Industrial Average fell 87 points, or 0.5%, to 16778. The S&P; 500 lost 0.4% and ...

Oil Prices Fall on Surge in U.S. Stockpiles

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Christian Berthelsen and Georgi Kantchev Oil prices slipped Wednesday ahead of official weekly U.S. government data on domestic crude stockpiles, after an industry group reported a surge in inventories late the day before. The benchmark U.S. crude contract was ...

World's Superrich Population Declines for First Time Since 2008

TODAY: May 5, 2016 PUB DATE: March 2, 2016

By Art Patnaude The ranks of the global superrich shrank last year for the first time since 2008, a fresh signal that slower economic growth, stock market shocks and weak commodity prices have taken their toll. The number of individuals ...