LONDON: Oil prices fell on Monday as worries about oversupply in North America and a strong dollar pushed Brent futures towards $ 59 a barrel and US contracts below $ 49 a barrel. After an initial rise along with global markets on optimism that another euro Read More
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* Existing home sales data on tap * Goldman cuts Boeing to sell rating * Valeant, Salix agree to merger deal * Futures: Dow off 39 pts, S&P off 4 pts, Nasdaq up 0.5 pt (Adds quote, updates prices) By Chuck Mikolajczak NEW YORK, Feb 23 (Reuters) – U.S. stocks were poised to open modestly Read More
* Existing home sales data on tap * Goldman cuts Boeing to sell rating * Valeant, Salix agree to merger deal * Futures: Dow off 35 pts, S&P off 4 pts, Nasdaq up 1 pt By Chuck Mikolajczak NEW YORK, Feb 23 (Reuters) – Dow Futures dipped on Monday, after the Dow and S&P closed Read More
Homeland Security says aware of no credible threat against malls By Anna Yukhananov and Will Dunham WASHINGTON (Reuters) – The U.S. Homeland Security Department said on Sunday it was not aware of any specific plot against U.S. shopping malls, backing away from comments by the department’s chief that he takes seriously a threat by Somali-based Read More
LONDON (ShareCast) – Gold prices continued their decline on Friday on uncertainty surround Greece and upbeat US manufacturing data. Gold futures for April delivery receded 0.2% to $ 1,204.90 an ounce. Meanwhile, Brent futures fell 0.2% to $ 60.08 at the end of Monday’s session, while ICE WTI futures decreased 2.2% to $ 50.75. CMC Read More
Oil prices edged up after early falls on Monday as parts of Asia returned from the Lunar New Year holiday, with Brent futures moving further away from $ 60 a barrel and US contracts moving towards $ 51. After early trading losses, both international Brent and US WTI crude futures edged up on Monday in Read More
Oil prices dipped in early Asian trade on Monday after much of the region returned from the Lunar New Year holiday, with Brent futures testing support around $ 60 a barrel and US contracts hovering around $ 50.50. Following a steep fall from June 2014 to six-year lows, oil prices have recovered Read More
Minneapolis-based U.S. Bank has been ordered to pay US$ 18 million to the customers of failed futures firm Peregrine Financial Group, Inc. after its accounts were used in the firm’s fraud against clients. The U.S. Commodity Futures Trading Commission (CFTC) announced today that chief judge Linda Reade of the U.S. District Court for the Northern Read More
NEW YORK: US stock index futures were flat on Wednesday, a day after the S&P 500 ended above 2,100 for the first time, as investors waited to see whether a debt deal would be reached with Greece. Wall Street stocks have been tied to signs of Read More