Stocks Waver as Commodity Prices Slip

TODAY: May 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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 ...

Envision Healthcare Revenue Jumps

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

Envision Healthcare Holdings Inc. reported an acquisition-fueled 28% revenue increase, but its earnings fell as costs also climbed in the last quarter of 2015. The ambulance and emergency medical services operator beat revenue estimates and matched profit expectations. It said ...

China Shanghai Rubber Futures Closing Prices, Volume

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

Monday, February 22 2016 Natural Rubber Turnover: 739,358 lots Open High Low Settle Prev. Change Vol Open Settle Interest Mar-16 10,430 10,590 10,400 10,495 10,280 215 242 896 Apr-16 10,520 10,700 10,430 10,595 10,455 140 34 832 May-16 10,600 10,840 ...

Malaysia International Reserves Up Slightly to $95.6 Billion

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

By Yantoultra Ngui KUALA LUMPUR, Malaysia--Malaysia's international reserves totaled $95.6 billion as of Feb. 15, marginally higher than the previous two weeks, the central bank said in a statement Monday. The central bank didn't give a reason for the rise ...

CMA CGM Rethinking Alliances With Rival Shipping Lines

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

LONG BEACH, Calif.?CMA CGM SA, close to completing the acquisition of Neptune Orient Lines Ltd., is rethinking its operating alliances with other carriers amid growing consolidation in the container shipping business spurred by the global trade downturn. "We are becoming ...

U.S. Government Bonds Pull Back as Oil and Equities Rise

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

By Min Zeng U.S. government bonds pulled back on Monday, led by short-term securities, as higher crude oil and stock prices sapped demand for haven assets. Looming new debt sales also weighed on the bond market. The Treasury is scheduled ...

CURRENCIES: Dollar Jumps As Pound, Yen Unravel

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

By Victor Reklaitis and Joseph Adinolfi, MarketWatch , Hiroyuki Kachi Fresh 'Brexit' fears hammer U.K. currency The dollar climbed on Monday, helped by the pound falling on heightened "Brexit" worries and the yen dropping amid Tokyo stocks' steady gains. The ...

Hopes for Production Freeze Push Oil Higher

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

By Miriam Malek Oil prices opened the week higher on Monday, as investors continued to hope for a production freeze from the Organization of the Petroleum Exporting Countries and strong equities markets. The global benchmark, Brent, gained 4.8% at $34.60 ...

Existing, New Home Sales Both Seen Down -- Data Week Ahead Update

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Tuesday 0900 S&P;/Case-Shiller 20-City HPI (YOY) Dec +5.9% (7) +5.8% 1000 Existing Home Sales ...

U.S. Grains, Soybeans Lift on Various World Weather Worries

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

By Jesse Newman CHICAGO--U.S. grain and soybean futures improved in early trading Monday as adverse weather in some parts of the world prompted concern over some crops. Soybean futures led the gains, rising due to excess rainfall in Argentina, which ...

Deutsche Telekom to Launch Ngena Project for Global Conglomerates

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

By Archibald Preuschat BARCELONA--Deutsche Telekom AG said Monday it will forge a new entity to serve global conglomerates. Under the plan, the German company will join forces with SK Telecom Co. Ltd. of South Korea, Reliance Communications Ltd. of India ...

Oil Rallies on IEA Report

TODAY: May 3, 2016 PUB DATE: Feb. 22, 2016

By Nicole Friedman NEW YORK--Oil prices surged Monday on expectations of an accelerated decline in U.S. oil production. Booming U.S. oil output due to new shale-oil drilling technologies helped push the global crude market into oversupply in mid-2014 and sent ...