Wawona Packing Co. President Brent Smittcamp said in a statement that he is not aware of any illnesses caused by the fruit, and the voluntary recall was announced after consulting with the U.S. Food and Drug Administration.» Read More
NEW YORK, July 10- U.S. stocks fell on Thursday after the health of Portugal's top listed bank was questioned, bringing back to markets the specter of a weakened Europe. With U.S. stocks near record highs, the slide in Europe translated into broad selling on Wall Street.
WASHINGTON, July 10- The number of Americans filing new claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession, a sign of increasing health in the labor market.
WASHINGTON— U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales. Wholesale stockpiles grew 0.5 percent in May, the Commerce Department said Thursday, down from a 1 percent surge in April. Big gains in inventories of autos, lumber and metals drove the latest increase.
WASHINGTON, July 10- U.S. wholesale inventories rose in May, reinforcing the view that economic growth should surge in the second quarter following a weak first three months of the year. The Commerce Department said on Thursday wholesale inventories increased 0.5 percent from a month earlier.
US stocks sink on Portugal worries US unemployment aid applications fall to 304,000 US, China talk cyberhacking amid new allegations Stigmatized nuclear workers quit Japan utility Restructuring efforts pinch Family Dollar in 3 Q Boeing raises forecast for new airplane demand Ahead of the Bell: US Wholesale Inventories More' headline-grabbing' corporate deals expected Costco key June sales metric tops Street's view L Brands key sales metric up 2 percent in June
*Portuguese, Italian markets slide, weigh on Europe. NEW YORK, July 10- U.S. stocks were poised to drop more than 1 percent at the open on Thursday, weighed by a slump in European shares on concern over the health of Portugal's top listed bank and following weak data from Italy.
China, US closer on North Korea, climate change Ahead of the Bell: US Unemployment Benefits Ahead of the Bell: US Wholesale Inventories Stigmatized nuclear workers quit Japan utility Global stocks mixed, Indonesia up after election More' headline-grabbing' corporate deals expected Boeing raises forecast for new airplane demand Portugal stocks fall sharply amid bank fears Costco key June sales metric tops Street's view India's new government unveils reform budget
*Portuguese, Italian markets slide, weigh on Europe. NEW YORK, July 10- U.S. stock index futures fell sharply on Thursday as European shares tumbled on growth concerns after weak data out of Italy and concern over the health of Portugal's top listed bank.
WASHINGTON— The Commerce Department reports how much U.S. wholesale businesses adjusted stockpiles in May in response to their sales. The report will be issued at 10 a.m. Eastern on Thursday. SALES RISING: Economists forecast that sales by wholesale businesses rose 0.7 percent in May, according to a survey by FactSet.
*ShFE copper premiums jump $10 to $135- $150. SYDNEY, July 10- London copper was steady on Thursday and aluminium held near a 13- month peak, as shrinking supply underpins metal prices and investors return to the beaten down asset class on brightening prospects for demand.
SINGAPORE, July 10- Gold edged higher for a second straight session on Thursday, helped by a weaker dollar and as minutes of the Federal Reserve's recent policy meet gave no indication of an early hike in U.S. interest rates.
TOKYO, July 10- U.S. crude oil fell below $102 on Thursday, to trade at its lowest level in more than a month, on wavering demand for gasoline and projections for rising supplies from OPEC member Libya. *U.S. crude futures for August delivery fell 32 cents to $101.97 a barrel by 0002 GMT, after earlier trading as low as $101.72- the lowest level since June 5.
SYDNEY, July 10- London copper opened little changed on Thursday and aluminum held not far off a 13- month top, as shrinking supply underpins metal prices and investors revisit the beaten down asset class on brighter prospects for demand.
BAYREUTH, Germany, June 18- It takes a British American Tobacco factory machine three minutes to load 4 million cigarettes onto a truck in northern Bavaria- but it can take a lot longer to figure out whether those cigarettes end up where they should.
June 16- Private equity firm TPG Capital LP-backed ATD Corp, one of the largest U.S. tire distributors, filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering.
WASHINGTON, June 10- The U.S. economy has decisively turned the corner with small business confidence hitting its highest level in more than 6-1/ 2 years in May and the number of jobs available rising to pre-recession levels in April.
*Wholesale inventories increase 1.1 percent in April. WASHINGTON, June 10- U.S. wholesale inventories rose more than expected in April, bolstering views of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday wholesale inventories increased 1.1 percent after advancing by the same margin in March.
WASHINGTON, June 10- U.S. wholesale inventories rose more than expected in April, which bolsters views of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday wholesale inventories increased 1.1 percent after advancing by the same margin in March.
*Shanghai premiums steady after falling for past week-Shmet. *Citic Resources say business may be impacted by Qingdao probe.
*Zinc market seen with 100,000 T deficit this yr- AME Group. *Citic Resources say business may be impacted by Qingdao probe. Improving global demand prospects are helping support prices for zinc and aluminium in particular, led by stronger than expected consumption and tight supply- at least in the first half, said analyst Matt Fusarelli at AME Group.