Crude futures recover early losses ahead of the U.S. Independence Day holiday. Prices are hovering near pre-conflict levels with market focus on the resumption of flows through the Strait of Hormuz and U.S.-Iran talks. "While the U.S.-Iran process remains fragile and disputes over Hormuz administra…
Lean hog futures settled higher for the third trading session out of the past four, according to data from FactSet. Hogs close up 1.6% to 98.6 cents a pound. Carcass cutout prices were reported as higher yesterday, as well as at midday today. In the midday report, the USDA says that average carcass…
Otovo Completes Acquisition Of SunSystem Technology For $1.3 Million, Bringing Service Platform To Approximately 30% Of The United States >OTOVO.OS
(19:28 GMT) *Otovo Completes Acquisition Of SunSystem Technology For $1.3 Million, Bringing Service Platform To Approximately 30% Of The United States >OTOVO.OS (19:28 GMT) Press Release: Otovo Completes Acquisition of SunSystem Technology for $1.3 Million, Bringing Service Platform to Approximatel…
By Kirk MaltaisHIGHLIGHTSTurning Down the Temperature: The withering heat hitting U.S. crop-growing areas is expected to subside within the next 36 to 48 hours, Futures International's Gary Sandlund said in a note. "The U.S. weather and oppressive heat will be gone...returning to normal and even sl…
Sun Life Completes Acquisition Of Bell Partners >SLF.T
U.S. natural gas futures end modestly lower heading into the long Independence Day weekend with little impact from an above-estimate inventory build. The 87 Bcf storage injection for last week was above the 64 Bcf five-year average, and bigger than the 81 Bcf estimate in a Wall Street Journal surve…
Sun Life Completes Acquisition Of Bell Partners >SLF.T
By Josh BeckermanCon Edison asked customers in parts of Westchester, the Bronx and Manhattan in New York to avoid using energy-intensive appliances until crews complete repairs during the heat wave.The utility, which is part of Consolidated Edison, reduced voltage by 8% in certain areas, it said.In…
The following are median forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Monday 0945 S&P Global U.S. Svcs PMI Jun NA 51.3* 1000 ISM Non-Mfg…
WINNIPEG, Manitoba--Gains in the Intercontinental Exchange canola futures softened on Thursday from stronger increases earlier in the session.The prospect of ongoing wet conditions, good domestic and foreign demand and reduced acres at harvest time, provided support to canola.A trader said it's ver…
By Bill AlpertIn a June quarter when investors sought to cash out of about 15% of the shares of big nontraded credit funds, Blue Owl Capital saw more redemption requests than its peers.Investors tendered 19% of all shares for redemption at the $36 billion Blue Owl Credit Income fund, and 38% of the…
By Paul VieiraOTTAWA--Canada agreed on Thursday to maintain a ban on oil-tanker traffic off the northern Pacific Coast, which is likely to force the province of Alberta to seek a different route for its proposed new crude-carrying pipeline.Canadian Prime Minister Mark Carney and Alberta Premier Dan…
By Kirk MaltaisHIGHLIGHTSTurning Down the Temperature: The withering heat hitting U.S. crop-growing areas is expected to subside within the next 36 to 48 hours, Futures International's Gary Sandlund said in a note. "The U.S. weather and oppressive heat will be gone...returning to normal and even sl…
By Shirl PenneyIndependence is never just about business — it's deeply personal. For advisors who make the leap to independence, it represents the chance to finally align their daily work with their values: To serve clients without the constraints of corporate quotas, product mandates, or bureaucra…
1505 ET - Treasury yields recover ground lost after disappointing labor data and end the week higher. The BLS puts June job creation at 57,000, about half as many as expected. The surprise reduces odds of Fed interest rate increases priced into fed fund futures, although at least one hike this year…
1505 ET - Treasury yields recover ground lost after disappointing labor data and end the week higher. The BLS puts June job creation at 57,000, about half as many as expected. The surprise reduces odds of Fed interest rate increases priced into fed fund futures, although at least one hike this year…
Treasury yields recover ground lost after disappointing labor data and end the week higher. The BLS puts June job creation at 57,000, about half as many as expected. The surprise reduces odds of Fed interest rate increases priced into fed fund futures, although at least one hike this year remains t…
By Jacob SonenshineTechnology stocks have entered a phase of heightened volatility that could drag down broader stock indexes. Investing in materials is one way to buffer the risk.The tech-heavy Nasdaq Composite Index gained 1.4% this week after dropping 4.6% the week prior. The Cboe Volatility Ind…
Despite the pullback in BCE shares, long-term fundamentals and the dividend are still intact says TD Cowen's Vince Valentini, upgrading shares to buy from hold. He thinks the 13% decline since early June was "driven largely by headline risk around potential SpaceX/Starlink disruption," which could…
