German Producer Prices Fall More Than Expected in January

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Emese Bartha FRANKFURT--Germany's producer prices dropped more than expected in January as energy prices continued to exert downward pressure. The Federal Statistics Office said Friday that producer prices fell by 0.7% in January from December, and dropped by 2.4% ...

Oil Falls on Growing Glut Despite Output-Cut Talk -- Update

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Georgi Kantchev LONDON--Oil prices fell on Friday capping a volatile week that saw hopes of output cuts among major producers but also U.S. oil inventories rising to a new record weekly high, adding to the persistent global glut of ...

Developed-Country Economic Growth Slows Sharply

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

Economic growth in developed countries slowed sharply as 2015 drew to a close, recording the weakest expansion in three years, figures from the Organization for Economic Cooperation and Development showed. The fourth-quarter slowdown was led by the U.S. and Japan, ...

Citigroup to Exit Consumer Banking in Brazil, Argentina, Colombia

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Austen Hufford Citigroup Inc. said it would to sell its consumer banking operations in Brazil, Argentina and Colombia as the bank continues to shrink into a leaner post-financial-crisis operation. The businesses to be sold include both retail banking and ...

U.S. Grains Lift on Demand Hopes; Soybeans Slip

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Jesse Newman CHICAGO--U.S. grain futures nudged higher in early trading Friday as traders awaited weekly export sales data from the government. Soybeans lowered. Corn prices gained amid hopes for an uptick in foreign demand, as U.S. supplies of the ...

Yahoo Forms Committee to Explore Options

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

Yahoo Inc. said Friday that it has formed a special committee to explore its strategic alternatives, as it continues to consider spinning off its nearly $40 billion of holdings in Alibaba Group Holding Ltd. Shares of the company rose 2.5% ...

Canada Retail Sales Plunge 2.2% in December

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Paul Vieira OTTAWA--Canadian retail sales in December plummeted, reversing a strong gain in the previous month driven by holiday-season promotions. Retail sales dropped 2.2% to a seasonally adjusted 43.21 billion Canadian dollars ($31.43 billion), or the lowest level in ...

U.S. Housing Starts/Building Permits-Historical-Feb 19

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

All data seasonally adjusted except actual levels which are not seasonally adjusted. Percent change is from the previous month. R denotes revised. Source: U.S. Department of Commerce. (*) Jan 15-Feb 15 reflect the increase in the universe of permits-issuing places ...

MARKET SNAPSHOT: U.S. Stocks Drop As Oil Rout Resumes

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Ellie Ismailidou and Sara Sjolin, MarketWatch Energy stocks tumble; Caterpillar leads losses for Dow industrials U.S. stocks opened lower Friday, as oil prices tumbled again on persistent oversupply concerns, weighing on energy companies' stocks. Investors largely shrugged off a ...

Yahoo Forms Board Committee to Explore Options--2nd Update

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Chelsey Dulaney Yahoo Inc. said Friday that it has hired banking advisers and formed a special committee to explore its strategic alternatives, the latest indication that the Internet company is serious about pursuing a possible sale. The company said ...

U.S. Industrial Production-Historical -2-

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

Mar 05 99.3 -0.1 4.2 : 102.2 -0.5 4.5 : 80.2 : 78.3 Feb 05 99.4 0.7 3.7 : 102.7 0.8 4.8 : 80.4 : 78.8 Jan 05 98.8 0.5 3.6 : 101.8 0.8 4.6 : 79.9 : 78.3 Write ...

Itau and Santander Seen As Likely Buyers of Citi Assets in Brazil

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Rogerio Jelmayer and Luciana Magalhaes SÃO PAULO--Brazilian banking giant Itau Unibanco Holding SA looks like the best fit to buy Citigroup Inc.'s consumer operations in Brazil, Argentina and Colombia, according to Brazilian bank executives. Spain's Banco Santander SA Brazilian ...

Eurozone PMIs Set to Depict Resilient Economy

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Jon Sindreu LONDON--Economists expect key business surveys due this coming week to show the eurozone economy remained broadly resilient in the first half of February, despite increased turmoil in financial markets. According to a median of analysts polled by ...

CURRENCIES: Dollar Logs Largest 3-week Drop Vs. Yen Since June 2013

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi Euro snaps 2-week winning streak The dollar extended its decline against the yen Friday, logging its worst three-week stretch against the Japanese currency since June 2013. Nervous investors seeking shelter in the world's ...

Southwest Airlines Ground Workers Narrowly Approve Labor Contract

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

In ballots tallied Friday, Southwest Airlines Co. airport ground workers authorized a new five-year labor contract by a mere 75 votes, according to the Transport Workers Union. The vote was 4,703 for the pact, or 50.4%, compared with 4,628, or ...

U.S. Soybeans, Wheat Lower; Corn Mixed

TODAY: April 30, 2016 PUB DATE: Feb. 19, 2016

By Jesse Newman CHICAGO--U.S. soybean and wheat futures declined Friday, buffeted by stiff competition for U.S. exports. Corn was mixed. Soybean prices traded both higher and lower, ultimately succumbing to pressure from the advancing harvest in South America. Farmers are ...