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Top News & Analysis Chicago

  • CHICAGO, Nov 17- Wal-Mart Stores Inc on Thursday reported lower-than-expected quarterly sales at established U.S. stores, hurt by declining food prices and warm weather that reduced demand for winter clothes and other seasonal items. "It's way too early to speculate on anything that might happen with the president-elect," Chief Financial Officer Brett Biggs...

  • CHICAGO, Nov 17- Wal-Mart Stores Inc on Thursday reported lower-than-expected quarterly sales at established U.S. stores, hurt by declining food prices and unseasonably warm weather, and its shares fell nearly 3 percent. "Food deflation continues to be challenging," Chief Financial Officer Brett Biggs told Reuters. Net income attributable to Wal-Mart fell to...

  • PARIS/ SINGAPORE, Nov 17- Chicago soybean futures picked up on Thursday as the dollar eased from a 13-1/ 2 year high, and traders awaited weekly U.S. export figures to gauge the impact of the dollar's surge since Donald Trump's election win. The Chicago Board Of Trade most-active soybean contract was up 0.3 percent at $9.89 a bushel by 1234 GMT, after closing slightly...

  • CHICAGO, Nov 17- Wal-Mart Stores Inc on Thursday reported lower-than-expected quarterly sales at established U.S. stores, hurt by food deflation, and its shares fell nearly 3 percent. Wal-Mart raised the low end of its fiscal 2017 profit forecast to $4.20 a share from $4.15 and kept the high end at $4.35. Net income attributable to Wal-Mart fell to $3.03 billion, or...

  • CHICAGO, Nov 17- Wal-Mart Stores Inc reported lower-than-expected quarterly sales at established U.S. stores on Thursday but raised the lower end of its profit forecast for the fiscal year. Net income attributable to the world's largest retailer fell to $3.03 billion, or 98 cents per share, in the third quarter ended Oct. 31 from $3.3 billion, or $1.03 per share, a...

  • CHICAGO, Nov 17- At a moment of sharp national division, here is a bit of good news: young and old are not at one another's throats in this country. The survey research is tied to a major new youth mentoring initiative unveiled by the San Francisco- based nonprofit, whose Generation to Generation campaign aims to recruit and mobilize more than a million older adults to...

  • *Chicago soybeans edge higher as U.S. dollar retreats. SINGAPORE, Nov 17- Chicago soybean futures edged higher on Thursday as a slight decline in the U.S. dollar supported the market even as global supplies capped gains. The Chicago Board Of Trade most-active soybean contract rose 0.1 percent to $9.87 a bushel by 0350 GMT, after closing 0.4 percent lower on...

  • SYDNEY, Nov 17- U.S. soybeans edged higher on Thursday, rebounding slightly from losses in the previous session, though ample global supplies capped gains. *The most active soybean futures on the Chicago Board Of Trade rose 0.1 percent to $9.86-3/ 4 a bushel, having closed down 0.38 percent on Wednesday. *National Oilseed Processors Association said on Wednesday...

  • THURSDAY, NOVEMBER 17 WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the economic outlook before the congressional Joint Economic Committee- 1500 GMT NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System, and the Freelancers Union convene a forum titled "The Evolution of Work". Speakers include William...

  • THURSDAY, NOVEMBER 17 WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the economic outlook before the congressional Joint Economic Committee- 1500 GMT NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System, and the Freelancers Union convene a forum titled "The Evolution of Work." Speakers include William...

  • CHICAGO, Nov 16- U.S. soybean futures fell on Wednesday as traders turned their attention to rising inventories from a record-large harvest and mostly favorable crop weather in South America, analysts said. As of 12:35 p.m. CST, Chicago Board of Trade January soybeans were down 5-1/ 2 cents at $9.84 per bushel. "We got a little bounce off the crush report yesterday,...

  • *Russia ready to support OPEC decision on output freeze. *OPEC sec-gen to meet Venezuelan president Wednesday. Russia said it was ready to support OPEC's decision on an output freeze and sees big chances that the oil producers' group can agree on the terms of the freeze by Nov. 30, Russian Energy Minister Alexander Novak said.

  • *Russia ready to support OPEC decision on output freeze. *OPEC sec-gen to meet Venezuela president Wednesday. NEW YORK, Nov 16- Oil prices edged higher in volatile trading as the market weighed Russia's comments about a possible meeting with Saudi Arabia on possible output cuts against a bigger-than-expected U.S. crude storage build.

  • NEW YORK, Nov 16- The U.S. Treasury yield curve flattened on Wednesday with yields on shorter-dated maturities rising while yields on longer-dated ones fell as U.S. producer prices and industrial output data showed inflation could be growing more slowly than expected. Yields on the 2- year note earlier hit 1.03 percent, the highest since Jan. 4.

  • *Some OPEC members likely to meet in Doha on Friday- source. *ABN Amro lowers Q4 oil price forecasts to $50/ barrel. Brent futures were down 28 cents, or 0.6 percent, at $46.67 a barrel by 10:09 a.m. EST.

  • Nov 16- Two CSX Corp trains collided and derailed in central Florida early on Wednesday, injuring two crew members, the company said. The derailment caused a 4,000- gallon fuel leak from the trains, a CBS television affiliated station in Orlando reported. The phosphate train was traveling from Mulberry, Florida, to Chicago, with three locomotives and 100 loaded...

  • HAMBURG/ SINGAPORE, Nov 16- Chicago soybeans rose for a second session on Wednesday, underpinned by strong export demand and data showing U.S. oilseed processors in October recorded their third-largest crush in history. Chicago Board of Trade January soybeans had risen 0.4 percent to $9.94 a bushel by 1106 GMT, after a gain of 0.5 percent on Tuesday.

  • Boeing aircraft at Boeing Field in Seattle

    Boeing Co. plans to move about 2,500 positions to other sites, cut 500 jobs, and close two facilities by the end of 2020.

  • *The most active wheat futures on the Chicago Board Of Trade fell 0.25 percent to $3.98 a bushel, having closed up 1.3 percent on Tuesday. *The crop was 94 percent planted as of Sunday, the U.S. Department of Agriculture said. *U.S. Department of Agriculture confirmed sales of more than 700,000 tonnes of U.S. soybeans so far this week.

  • "Their job is to protect us, but instead they're protecting corporate interests and profits and money," said Cannon Ball protester Fumi Tosu, 38, of San Jose, California, adding that police used mace on demonstrators. Energy Transfer Partners, the main company behind the pipeline, is seeking an easement to tunnel under Lake Oahe, the North Dakota water source at the...