Singapore Consumer Prices Fell at Slower-Than-Expected Pace in January

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

SINGAPORE?Singapore's consumer prices fell at a slower-than-expected pace in January as transport and housing costs fell but food prices rose. The consumer-price index fell 0.6% year-over-year in January, compared with the median estimate for a 0.7% decline in a poll ...

Global Shares Waver as Commodity Prices Slip -- 2nd Update

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Riva Gold Global stocks edged lower Tuesday after commodity prices retreated from a recent bounce that had spurred a rally in equity markets. The Stoxx Europe 600 was down 0.4% halfway though the session as industrial metals fell and ...

U.S. Existing-Home Sales Rose 0.4% in January

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Ben Leubsdorf and Anna Louie Sussman WASHINGTON--Sales of previously owned homes increased modestly in January, a sign of continued solid momentum in the U.S. housing market. Existing-home sales rose 0.4% in January from the prior month to a seasonally ...

U.S. Home Price Growth Picks Up in December, Case-Shiller Says

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Laura Kusisto Home prices rose 4.2% in December, capping an overall strong year for home-price growth driven by an improving economy and limited inventory of homes for sale. The S&P;/Case-Shiller Home Price Index, covering the entire nation, rose 5.4% ...

Bank of Montreal's Profit Climbs 7%

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Judy McKinnon Bank of Montreal on Tuesday reported a nearly 7% increase in its fiscal first-quarter earnings, beating expectations again even as slumping commodity prices continue to weigh on the Canadian economy. BMO, Canada's fourth-largest lender by assets, kicks ...

MKS Instruments to Buy Newport Corp. for $897 Million

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

MKS Instruments Inc. said Tuesday that it would acquire Newport Corp. for $897 million in cash, a move to expand its presence beyond its core semiconductor business. Newport shareholders will receive $23 a share, representing a 53% premium over Monday's ...

United Technologies CEO Says Honeywell Merger 'Ain't Going to Happen'

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

United Technologies Corp. Chief Executive Gregory Hayes said there is "no path forward" for a merger proposal from Honeywell International Inc. that would combine the two industrial giants and create a dominant maker of aerospace equipment and systems. "It ain't ...

States Seek New Ways to Tax Online Sales

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Richard Rubin Joe Garrett, Alabama's deputy revenue commissioner, wants his state to get sued--and the sooner, the better. Mr. Garrett and like-minded officials in South Dakota, Utah and 10 other states are tired of waiting for Congress to write ...

Stocks Waver on Slide in Bank Stocks, Commodity Prices

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Corrie Driebusch and Riva Gold U.S. stocks edged lower Tuesday as bank stocks slumped and commodity prices retreated. The pullback follows a week and a half of a rebound among major stock indexes, which tumbled in January and early ...

Stocks Waver as Commodity Prices Slip

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Riva Gold and Corrie Driebusch U.S. stocks edged lower Tuesday as commodity prices retreated. Concerns about a steep drop in oil prices and the pace of global economic growth have dragged stocks down since the start of the year. ...

Oil Prices Drop on Saudi Oil Minister's Comments

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Nicole Friedman NEW YORK--U. S. oil prices slid Tuesday as Saudi Arabian Oil Minister Ali al-Naimi said that production cuts aren't forthcoming. An earlier comment by Iran's oil minister rejecting the suggestion that it would freeze production also weighed ...

Case-Shiller: U.S. Home Price Growth Picked Up in December -- Update

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

By Laura Kusisto Home prices in December showed the strongest gains since July 2014, capping an overall strong year for home-price growth driven by an improving economy and limited inventory of homes for sale. The S&P;/Case-Shiller Home Price Index, covering ...

Bank of Mexico Sold $2 Billion Last Week to Boost Peso

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

MEXICO CITY?The Bank of Mexico said Tuesday it sold $2 billion in U.S. dollars on the foreign-exchange market last week to support the peso. The country's foreign-exchange commission, which includes central-bank and Finance Ministry officials, last week approved direct intervention ...

Zumbrota, Minn Hog Market $2.00 Lower At $40.00 - Feb 23

TODAY: May 2, 2016 PUB DATE: Feb. 23, 2016

Barrow and gilt prices at the Zumbrota, Minn., livestock market today were $2.00 lower at $40.00 per hundredweight. Sow prices are steady. Sows weighing under 450 pounds were at $39.00-$40.00, 400-450 pounds were at $39.00-$40.00, 450-500 pounds were at $39.00-$40.00 ...

CMO Today: Yahoo Formalizes Sale Process With Independent Committee

TODAY: May 2, 2016 PUB DATE: Feb. 22, 2016

By Mike Shields COMMITTEE MEETING: First Yahoo announced it was exploring "strategic alternatives." Now the company has formalized the process by hiring bankers and forming an "independent committee" to explore such strategic alternatives, reports The Wall Street Journal. This Alibaba ...

Yen Weaker as Nikkei Gains

TODAY: May 2, 2016 PUB DATE: Feb. 22, 2016

By Hiroyuki Kachi The yen was weaker against its rivals during Asian trade Monday, as investors opted to sell the safety of the Japanese currency amid Tokyo stocks' steady gains. Around 0450 GMT, the Japanese currency weakened against the dollar, ...

Asian Shares Slightly Up

TODAY: May 2, 2016 PUB DATE: Feb. 22, 2016

By Chao Deng Most shares in Asia traded up on Monday, with Chinese markets gaining in the wake of news that authorities are replacing China's beleaguered top securities chief. The Shanghai Composite Index was up 1.5% at 2902.59, after Chinese ...