September 2, 2014 1:06 pm
WTI and Brent futures were pressured further down during midday trade in Europe today, as investors disregarded growing tensions in Ukraine and in the Middle East. Meanwhile, natural gas futures also slid lower as weather patterns project some comfortably cool days for the US. West Texas Intermediate futures for delivery in October traded at $94.87 […]
Read moreSeptember 2, 2014 12:29 pm
Dollar General Corp, the largest discount retailer in the US, went public with its latest bid to acquire its smaller rival Family Dollar, after the latter had earlier elected Dollar Trees inferior offer over Dollar Generals bid. The new deal offers Family Dollar shareholders $80 per share, 2% higher than the previous offer, 31.9% over […]
Read moreSeptember 2, 2014 9:18 am
Natural gas futures were lower during early trade in Europe today, as investors eye comfortable temperatures projected for much of the US in the coming days. Front-month natural gas futures for delivery in October traded at $4.005 per million British thermal units (mBtu), down 1.48%, at 9:15 GMT on the NYMEX. Prices ranged from $3.983 […]
Read moreSeptember 2, 2014 8:17 am
Gold futures were lower during early trade in Europe today, as investors bet ISMs key reading on US factories will strengthen outlooks of a rate hike by the Fed, supporting the US dollar. The escalating conflict in Ukraine failed to offer significant support against the slide. Gold futures for December delivery on the Comex in […]
Read moreSeptember 2, 2014 7:50 am
WTI and Brent futures were lower during early trade in Europe today, as investors disregarded risks over Russian supplies in light of the Ukraine crisis. Bearish figures from China and the Eurozone weighed on oil demand outlooks, pressuring crude. West Texas Intermediate futures for delivery in October traded at $95.72 per barrel, down 0.25%, at […]
Read moreSeptember 1, 2014 2:26 pm
Microsoft Corp, the worlds largest software maker by revenue, logged the highest price of its stock on its Frankfurt listing today, Wall Street being on Labor Day holiday. Shares rose despite Chinese authorities issuing a deadline for the US-based software giant to reply to a query, souring the tone of an ongoing anti-trust investigation. “(A) […]
Read moreSeptember 1, 2014 1:28 pm
WTI and Brent futures remained pressured during midday trade in Europe today, amid growing tensions in Ukraine and downbeat factory gauges in China, the worlds second-top oil consuming economy. Meanwhile, natural gas futures were also in the red, correcting some of the significant gains of last week. West Texas Intermediate futures for delivery in October […]
Read moreSeptember 1, 2014 1:06 pm
Gold and silver futures reversed earlier gains during midday trade in Europe today, amid growing tensions in Ukraine and downbeat data in the Eurozone. Meanwhile, copper futures slid after below-par Chinese factory gauges. Gold futures for December delivery on the Comex in New York traded at $1 288.2 per troy ounce, up 0.06%, at 13:04 […]
Read moreSeptember 1, 2014 12:07 pm
Natural gas futures were lower during midday trade in Europe today, after climbing more than 4% last week on widespread heat in the US. Weather patterns suggest largely average weather for the US, though this weeks natgas inventories build is set to be the leanest for the summer season. Front-month natural gas futures for delivery […]
Read moreSeptember 1, 2014 10:27 am
Novartis AG, the worlds leading drug maker by revenue, saw its stock reach a new all-time high today, after the company announced stunningly successful test results of its new heart failure drug. The announcement at the European Society of Cardiology congress in Barcelona on Saturday revealed the widely anticipated success of the largest heart failure […]
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