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Top News & Analysis Chicago

  • SYDNEY, Dec 23- U.S. soybeans fell on Friday to hit a two-month low as rains in Argentina eased fears of production losses, pushing the oilseed to its biggest one-week fall in five months. The most active soybean futures on the Chicago Board Of Trade fell 0.6 percent to $9.88-3/ 4 a bushel by 0351 GMT, the lowest since Nov. 18. Prices are under pressure amid forecasts for...

  • SYDNEY, Dec 23- U.S. soybeans fell on Friday as the oilseed was poised to record its biggest weekly loss in five months as rains in Argentina boosted expectations for already bumper production from South America. *The most active soybean futures on the Chicago Board Of Trade was down more than 4 percent for the week, the biggest one-week fall since the week of July 22.

  • OSLO- Norges Bank Deputy Governor Egil Matsen addresses the 39th annual meeting of the Norwegian Association of Economists at Oslo Business School- 0830 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans participates in panel, "Responders of First or Last Resort: Central Bank Strategies in an Era of Ultra-Low Interest Rates" hosted by the...

  • LOS ANGELES/ CHICAGO, Dec 22- U.S. sales and distribution of antibiotics approved for use in food-producing animals increased 1 percent from 2014 to 2015, the U.S. Food and Drug Administration said in a report on Thursday. In 2015, sales and distribution of those medically important antibiotics for food production rose 2 percent, the FDA said.

  • Dec 22- A racist, expletive-filled rant caught on camera at a Louisville, Kentucky, mall has led to a permanent ban for a shopper and prompted an apology from the city's mayor. The video shows a white woman standing in a checkout line at a JCPenney department store in the Jefferson Mall and berating two women who shopper Renee Buckner, who posted the footage on...

  • *Reports Q2 adj. profit of $0.49/ shr vs est $0.45. *Shares touch record high of $39.40. Dec 22- ConAgra Brands Inc, the maker of Chef Boyardee pasta and Orville Redenbacher's popcorn, reported a better-than-expected quarterly profit as the company benefited from less discounting and lower costs.

  • *Soybeans hit new 1- month low, pressured by Argentina rain. PARIS/ SYDNEY, Dec 22- Chicago wheat futures edged down on Thursday to near an earlier three-week low, as the market tried to find a footing in the face of plentiful global supplies that have quelled worries about cold weather damage in the United States. Corn prices also slipped, while soybeans fell to a new...

  • Dec 22- ConAgra Brands Inc, the maker of Chef Boyardee pasta and Orville Redenbacher's popcorn, reported a better-than-expected quarterly profit, helped by less discounting and lower costs. Net income attributable to ConAgra fell to $122.1 million, or 28 cents per share, in the second quarter ended Nov. 27, from $154.9 million, or 35 cents per share, a year earlier.

  • LONDON, Dec 21- Traditional measures of volatility at historic lows and Wall Street stocks at new record highs went hand-in-hand in 2016 with traders fretting about bouts of wild stock-price swings and currency flash-crashes. "Trades often move in bigger size, quicker, and in blocks," said Charlie Bristow, co-head of rates trading at JP Morgan.

  • NEW YORK, Dec 22- Wall Street holiday parties this year took place in luxury venues like the Waldorf Astoria, featured women dressed as glowing angels, and had fine wine, scotch and bourbon on hand. A Reuters review of the financial industry holiday scene found parties sponsored by Credit Suisse Group AG, Bank of New York Mellon Corp, Moelis& Co, BlackRock Inc,...

  • SYDNEY, Dec 22- U.S. soybeans edged lower on Thursday, lingering near a one-month low touched earlier in the week, as expectations of bumper global supplies amid brighter crop prospects in South America weighed on prices. *The U.S. Department of Agriculture said exporters had struck deals to sell 132,000 tonnes of U.S. soybeans to China, the world's top soybean...

  • OSLO- Norges Bank Deputy Governor Egil Matsen addresses the 39th annual meeting of the Norwegian Association of Economists at Oslo Business School- 0830 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans participates in panel, "Responders of First or Last Resort: Central Bank Strategies in an Era of Ultra-Low Interest Rates" hosted by the...

  • *SocGen expects 2017 oil prices in range of $50- 60 per barrel. NEW YORK, Dec 21- Oil futures edged lower on Wednesday following a report showing a surprise build in U.S. crude inventories last week. U.S. crude stocks rose by 2.3 million barrels in the week to Dec. 16 as refineries hiked output, while gasoline stocks and distillate inventories fell, the U.S. Energy...

  • *SocGen expects 2017 oil prices in range of $50- 60 per barrel. The U.S. Energy Information Administration will release its weekly petroleum status report at 10:30 a.m. EST. Brent futures for February delivery were up 1 cent at $55.36 a barrel at 9:51 a.m. EST.

  • LONDON, Dec 21- Traditional measures of volatility at historic lows and Wall Street stocks at new record highs went hand-in-hand in 2016 with traders fretting about bouts of wild stock-price swings and currency flash-crashes. "Trades often move in bigger size, quicker, and in blocks," said Charlie Bristow, co-head of rates trading at JP Morgan.

  • CHICAGO, Dec 21- Debates about improving America's infrastructure typically focus on projects like bridges, roads, railroads and power grids. But with President-Elect Donald Trump calling for $1 trillion in infrastructure spending over the next 10 years, here is an item that should be added to that list: affordable housing for seniors. Harvard Joint Center for...

  • STOCKHOLM- Riksbank Governor Stefan Ingves and Head of the Monetary Policy Department Marianne Nessen to hold a press conference on the committee's monetary policy decision- 1000 GMT. OSLO- Norges Bank Deputy Governor Egil Matsen addresses the 39th annual meeting of the Norwegian Association of Economists at Oslo Business School- 0830 GMT.

  • Dec 20- A Chicago trader and his firm have agreed to pay $2.5 million to resolve a lawsuit by the U.S. Commodity Futures Trading Commission accusing them of using a banned trading tactic known as "spoofing" to manipulate markets, the agency said on Tuesday. Under the agreement, Igor Oystacher and his proprietary trading firm, 3 Red Trading LLC, have also agreed to the...

  • WEST PALM BEACH, Fla./ WASHINGTON, Dec 20- U.S. The move also marks a notable shift from trade policy management in President Barack Obama's administration, where USTR Michael Froman was seen as the main trade architect, negotiating a 12- country Pacific Rim trade deal that ultimately failed to win approval in Congress. "It looks like the USTR office is being...

  • WINNIPEG, Manitoba, Dec 20- U.S. soybean futures tumbled to a nearly one-month low on Tuesday, as rain in Argentina's dry crop belts kept South America on track for a bumper harvest. The most active soybean futures contract on the Chicago Board Of Trade lost 1.5 percent, or 16-1/ 4 cents, at $10.05-1/ 4 a bushel. Rain expected in Argentina this week has eased concerns...