Top News & Analysis Chicago

  • Front-month corn futures on the Chicago Board of Trade fell to the lowest in nearly two years and wheat dipped below $4 a bushel for the first time in a decade. At the CBOT as of 12:38 p.m. CDT, the benchmark November soybean contract was down 16-1/ 2 cents at $9.45 per bushel after slipping to $9.43, its lowest since mid-April. CBOT December corn was down 3 cents at...

  • Aug 2- Aetna Inc said on Tuesday that it no longer planned to expand its Obamacare business next year and would sell some Medicare Advantage assets as it fights to gain antitrust regulators' approval for its takeover of Humana Inc. Aetna said its exchange-based plans for individuals had a pretax operating loss of $200 million in the second quarter, and it...

  • Aug 2- Aetna Inc said on Tuesday that it no longer planned to expand its Obamacare business next year, and the U.S. health insurer announced the sale of some Medicare Advantage assets as it fights to gain antitrust regulators' approval for its takeover of Humana Inc.. U.S. Department of Health and Human Services spokeswoman Marjorie Connolly said the exchanges...

  • *USDA pegs condition of corn, soybean crops above forecasts. PARIS/ SYDNEY, Aug 2- U.S. corn was little changed during European trading on Tuesday as the market tried to find a footing after slipping to its lowest in nearly two years on positive signs for this year's U.S. harvest. The most active corn futures on the Chicago Board Of Trade was down half a cent at $3.33-3/ 4 a...

  • *USDA pegs condition of corn crop above forecasts. SYDNEY, Aug 2- U.S. corn fell to a near two-year low on Tuesday, slipping for a second session after the U.S. Department of Agriculture pegged the condition of the crop at above market expectations. The USDA rated 76 percent of the corn crop as good to excellent, unchanged from the week before and ahead of analyst...

  • SYDNEY, Aug 2- U.S. soybeans fell on Tuesday to a hit more than a three-month low after the U.S. Department of Agriculture pegged the condition of the crop above market expectations. *The most active soybean futures on the Chicago Board Of Trade fell 0.21 percent to $9.59-1/ 2 a bushel, near the session low of $9.56 a bushel- the lowest since April 19.

  • Tenet also said it had reached an agreement in principle with the U.S. Department of Justice to pay $514 million to settle the previously disclosed investigation into alleged kickbacks for referring primarily undocumented pregnant Hispanic women for labor and delivery services at four of its hospitals in Georgia and South Carolina.

  • The third-largest U.S. for-profit hospital chain cited an agreement in principle with the U.S. government to settle, for $514 million, the previously disclosed probe into services provided to Hispanic patients referred to its hospitals. The company reported a net loss from continuing operations of $44 million, or 44 cents a share, compared with a net loss of $60...

  • CHICAGO, Aug 1- U.S. soybean futures slipped about 4 percent on Monday as forecasts for favorable weather in the Midwestern crop belt prompted investors to liquidate long positions, traders said. At the Chicago Board of Trade, new-crop November soybean futures settled down 41-1/ 2 cents at $9.61-1/ 2 per bushel. December corn ended down 8-1/ 2 cents at $3.34-1/ 4 a...

  • Aug 1- Tenet Healthcare Corp on Monday posted a net loss in the second quarter, hurt by litigation-related costs. The third-largest U.S. for-profit hospital chain cited an agreement in principle with the U.S. government to resolve a previously disclosed investigation into services provided to Hispanic patients who were referred to four of its hospitals.

  • Aug 1- SolarCity Corp agreed to Tesla Motors Inc's $2.6 billion offer to buy the solar panel installer, the companies said on Monday, clearing one obstacle in the way of Elon Musk's ambitious plans for a carbon-free energy and transportation company. Tesla's stock swap offer valued SolarCity at $25.37 a share, or $200 million less than the initial proposal Musk...

  • *Tesla offers 0.110 of its shares per SolarCity share. Aug 1- SolarCity Corp agreed to Tesla Motors Inc's $2.6 billion offer to buy the solar panel installer, the companies said on Monday, clearing one obstacle in the way of Elon Musk's ambitious plans for a carbon-free energy and transportation company. Tesla's stock swap offer valued SolarCity at $25.37 a share,...

  • Aug 1- SolarCity Corp agreed to Tesla Motors Inc's $2.6 billion offer to buy the solar panel installer, the companies said Monday, clearing one obstacle in the way of Elon Musk's ambitious plans for a carbon-free energy and transportation company. Tesla's stock swap offer valued SolarCity at $25.37 a share, or $200 million less than the initial proposal that...

  • PARIS/ SYDNEY, Aug 1- Chicago soybean futures fell nearly 2 percent on Monday to give back most of their gains from an export-fuelled rally in the previous session, as attention turned back to favourable crop prospects in the U.S. Corn fell in step with soybeans as growing conditions in the United States also remained favourable for the feed grain.

  • *The most active soybean futures on the Chicago Board Of Trade fell 1 percent to $9.93-1/ 4 a bushel, having firmed 2.6 percent on Friday when prices hit a high of $10.06 a bushel- the highest since July 22. *U.S. Department of Agriculture reported that exporters sold 129,000 tonnes of U.S. soybeans to unknown destinations, the third sale of at least 100,000 tonnes in as...

  • July 30- A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc's online games unit for $4.4 billion in cash, the companies said. Caesars Interactive Entertainment is currently owned by Caesars...

  • July 30- A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc's online games unit for $4.4 billion in cash, people familiar with the matter said. Caesars Interactive Entertainment is...

  • *Both down nearly 15 pct on month; WTI drop most since July 2015. NEW YORK, July 29- Oil prices steadied on Friday after touching three-month lows during a week-long selloff fueled by a persistent global supply glut, bringing the monthly decline to nearly 15 percent, the biggest monthly loss in a year for U.S. crude. Hedge funds, some of the biggest bulls in oil, slashed...

  • *Both down nearly 15 pct on month; WTI drop most since July 2015. NEW YORK, July 29- Oil prices steadied on Friday after touching three-month lows amid a week-long selloff but still finished the month nearly 15 percent lower, with U.S. crude declining the most in a year because of a persistent glut. Hedge funds, some of the biggest bulls in oil, slashed their positive bets...

  • CHICAGO, July 29- Chicago's budget deficit could reach a 10- year low next year despite unresolved funding questions for its largest and most underfunded pension system, according to an annual financial analysis released by the city on Friday. "This is the result of hard work and difficult decisions, which have put Chicago on path towards long-term financial...