GO
Loading...

Distributors

More

  • WASHINGTON, Jan 9- U.S. wholesale inventories recorded their largest increase in seven months in November and October's stocks were revised higher, suggesting restocking may boost fourth-quarter growth. The Commerce Department said on Friday wholesale inventories rose 0.8 percent, despite an energy price-related decline in the value of petroleum stocks.

  • MELBOURNE, Jan 9- London copper rose a touch on Friday, but remained near 4-1/ 2 year lows and was set to chalk up a fourth weekly loss on ongoing worries about demand from top consumer China and fragile growth in Europe. *LME copper prices hit a 4-1/ 2 year trough at $6,091.50 a tonne on Wednesday and analysts and traders say they expect prices to slide through the $6,000...

  • SINGAPORE, Jan 9- Gold was little changed on Friday ahead of a key U.S. jobs report, but the metal was set to post its first weekly gain in four on safe-haven bids amid political uncertainty in Greece. *Spot gold was steady at $1,209.60 an ounce by 0034 GMT, below a three-week high of $1,222.40 reached on Tuesday. *The metal has gained 1.7 percent so far this week, snapping a...

  • WASHINGTON, Dec 10- U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip. "This increased services spending suggests there is greater traction in the economy than was previously assumed and that despite global growth concerns, domestic...

  • WASHINGTON, Dec 10- The U.S. economy likely grew at a much stronger pace in the third quarter than previously reported, as data on Wednesday showed spending on services expanding at a brisk clip. The Commerce Department's quarterly services survey, or QSS, showed services outlays increased much more vigorously than the government had assumed when it published...

  • METALS-Copper edges down after short-covering rally Tuesday, 9 Dec 2014 | 8:39 PM ET

    SYDNEY, Dec 10- London copper prices slipped on Wednesday from two-week highs hit the session before, after a short-covering rally lost momentum and ahead of China inflation data later in the day. *Three-month copper on the London Metal Exchange had slipped 0.4 percent to $6,454 a tonne by 0109 GMT, eroding 1.2- percent gains from the previous session when it...

  • WASHINGTON, Dec 9- U.S. wholesale inventories rose more than expected in October, prompting some economists to raise their growth forecasts for the fourth quarter. The Commerce Department said on Tuesday wholesale inventories increased 0.4 percent, despite an energy price-related decline in the value of petroleum stocks. Barclays raised its...

  • US STOCKS-Global demand worries drag Wall St lower Tuesday, 9 Dec 2014 | 11:30 AM ET

    NEW YORK, Dec 9- U.S. stocks were sharply lower on Tuesday as investors shunned risk over concerns about the impact of lower oil prices on the global economy and political turmoil in Greece. "You've seen some real volatility in everything from energy to currencies and it's had a bit of a spillover effect on the market as people try to think about the impact of these...

  • WASHINGTON, Dec 9- U.S. wholesale inventories rose more than expected in October, which could prompt economists to raise their growth forecasts for the fourth quarter. The Commerce Department said on Tuesday wholesale inventories increased 0.4 percent after an upwardly revised 0.4 percent gain in September. Economists polled by Reuters had expected stocks...

  • LONDON, Dec 9- Aluminum dropped to multi-month lows in London and Shanghai on Tuesday on concerns over excess supply while other base metals fell ahead of expected weak economic data from top metals consumer China. "We could see some headlines today or tomorrow from the conference," said Xiao Fu, head of commodity market strategy at Bank of China International in...

  • SYDNEY, Dec 9- Shanghai aluminum plumbed its lowest level since March on Tuesday as growing overcapacity and the shaky outlook for Chinese demand curbed buying that had already begun to wane towards year-end. "Supply is growing steadily, with new capacity and idled plants," said analyst Paul Adkins of consultancy AZ China in Beijing. The most traded February...

  • SYDNEY, Dec 9- Shanghai aluminum plumbed its lowest since May on Tuesday, as growing overcapacity and a shaky demand outlook in China curbed buying that had already begun to wane towards year-end. *The most-traded February aluminum contract on the Shanghai Futures Exchange had fallen 0.3 percent to 13,360 yuan a tonne by 0137 GMT. *U.S. aluminum imports in October...

  • SINGAPORE, Dec 9- Gold gave up some of its overnight gains on Tuesday as the dollar recovered from losses and oil prices weakened, dulling the metal's appeal as a hedge. *Spot gold had slipped 0.2 percent to $1,200.26 an ounce by 0036 GMT. *Gold jumped more than 1 percent on Monday on a brief surge of late-day technical buying as it breached the $1,200- per-ounce level...

  • *U.S. crude for January delivery dropped as low as $62.25 a barrel, before trading at $62.88 by 0017 GMT, down 15 cents. *Iraq has cut the official selling price to Asia and the United States in January for its main crude oil export grade, Basrah light, but raised the OSP slightly to Europe. *The move follows a sharp reduction to Saudi Arabia's crude oil OSPs to Asia and the...

  • *China releases host of data, to show speed of slowdown. BRUSSELS, Dec 7- The guessing game over the timing of euro zone money printing will intensify as the European Central Bank unveils a closely watched gauge of policy in the coming week, the highlight of a calendar dominated by Europe's malaise. "The key story is going to be in the euro zone," said James Knightley,...

  • *Expects 2015 profit of $3.00- $3.15/ share vs $2.94 last year. *Posts fourth-quarter profit of $1/ share vs estimates of $1.07. The company's printwear business sells plain T-shirts, fleece, and sport shirts mainly to wholesale distributors and screen printers in North America, Europe and Asia Pacific.

  • TOKYO, Dec 3- Japan's auto recall enforcement division, whose 16 members work from a cramped office on the eighth floor of the transport ministry building in Tokyo, only found out about safety issues with Takata Corp air bags in late-2008- more than three years after the company says it first learned of problems. The ministry, which doubles as Japan's safety...

  • US STOCKS-Wall St little changed near record; banks slip Wednesday, 12 Nov 2014 | 12:30 PM ET

    *BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies lost ground after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup, which will pay $1.02 billion to settle the probe, dipped 0.8...

  • US STOCKS-Wall St slips from latest record; banks fall Wednesday, 12 Nov 2014 | 11:27 AM ET

    *BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies lost ground after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup, which will pay $1.02 billion to settle the probe, dipped 1.4...

  • U.S. wholesale inventories rise modestly in September Wednesday, 12 Nov 2014 | 10:00 AM ET

    WASHINGTON, Nov 12- U.S. wholesale inventories rose more that expected in September but the government revised downward its initial estimates for growth in stocks during August, which suggests little impact on current views of economic growth in the third quarter. The Commerce Department said on Wednesday wholesale inventories increased 0.3 percent...