The front month cotton market rallied by 160 points in March, ending just 35 points under the session high. That has March back to a 33 point gain for the week. New crop cotton held 6 to 21 points higher for the close. The Cotlook A Index was 230 points...
Chicago wheat futures finished the day UNHC to 2 cents stronger across the front months. KC HRW futures were 2 to 3 ¼ cents weaker at the close. The March HRW/SRW spread now has Chicago futures at a 9 ¼ cent premium for the settle. The July contract spread was...
Front month soybeans fell by 10 ½ to 13 ¼ cents on Thursday, leaving March just a penny off the low for the close. March is still above the $11.45 low from last May. Soymeal futures were 1.4% to 2.1% weaker across the front months. Soy oil futures closed 51...
Lean hogs were $0.62 to $1.22 stronger for the close. That has April up by $1.97 for the week, after the strongest prices since March. USDA’s National Average Base Hog price increased by 58 cents to $73.20. The CME Lean Hog Index increased another $1.17 to $77.97 for 2/20. ....
The front month corn market dropped another 4 to 5 ¾ cents on Thursday. The March contract was 1 ¾ cents off the low for the bell after an 11 ¼ cent range. The Mar/Dec spread widened to 47 ¼ cents at the close. EIA data showed ethanol output increased...
Cattle faded into the NASS data on Thursday, but firmed up for the close. Fats stayed 47 cents to $1.15 weaker for the bell, though April was 30 cents of the session low. Feeders finished in the black on Thursday, after March printed a $3.03 range from as much as...
TPI Composites (TPIC) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.91 per share. This compares to loss of $0.73 per share a year ago. These figures are adjusted for non-
Pembina Pipeline (PBA) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recur
Fintel reports that on February 22, 2024, Truist Securities downgraded their outlook for Gilead Sciences (NasdaqGS:GILD) from Buy to Hold . Analyst Price Forecast Suggests 24.48% Upside
The recent rally in global stocks has only a little further to go given last year's unexpectedly sharp run-up, according to a Reuters poll of equity strategists who were evenly split on whether there will be a correction in the next three months.
Nvidia’s NVDA stellar Q4 results and captivating outlook helped push markets higher on Thursday with the S&P 500 up roughly +2% and eclipsing record levels while the Nasdaq spiked +3%.
Growing demand for megacap stocks that tap global secular growth trends has catapulted European shares to fresh highs, although some say their star may wane as investors seek value elsewhere.
South Korea hopes to mirror Japan's efforts to boost the value of its companies as the neighbour's stock market surges to a record high, with measures Seoul hopes will narrow a "Korea discount" on stock prices.
Cable One (CABO) came out with quarterly earnings of $10.66 per share, missing the Zacks Consensus Estimate of $12.86 per share. This compares to earnings of $8.94 per share a year ago. These figures are adjusted for non-recurring
Universal Insurance Holdings (UVE) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted f
Barings BDC (BBDC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring
The dollar index (DXY00 ) on Thursday fell to a 2-1/2 week low and finished down -0.04%. Thursday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. Losses in the dollar were limited by signs of strength in the U.S. economy after weekly...
March Nymex natural gas (NGH24 ) on Thursday closed -0.041 (-2.31%). Nat-gas prices on Thursday tumbled on abundant EIA nat-gas supplies. The EIA reported Thursday that weekly nat-gas inventories fell -60 bcf, a much smaller draw than the 5-year average for this time of year of -168 bcf, which boosted...
April WTI crude oil (CLJ24 ) on Thursday closed up +0.70 (+0.90%), and Apr RBOB gasoline (RBJ24 ) closed up +3.67 (+1.45%). Crude oil and gasoline prices on Thursday posted moderate gains. Signs of strength in the U.S. economy supported energy demand and crude prices after Thursday's news showed weekly...