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  • U.S. farm sector profits slump as expenses rise - USDA Tuesday, 25 Nov 2014 | 11:32 AM ET

    WASHINGTON, Nov 25- Net farm income in the United States is now forecast to be $96.9 billion, down 21 percent from a year ago and the lowest since 2010, the U.S. Department of Agriculture said on Tuesday. The 2014 forecast was revised down sharply from $113.2 billion in August. The USDA said falling crop receipts and rising livestock receipts largely offset each...

  • WASHINGTON, Nov 25- The U.S. economy grow at a much faster pace than initially thought in the third quarter, pointing to strengthening fundamentals that should help it weather slowing global demand. The performance marked the two strongest back-to-back quarters of growth since the second half of 2003 and underscored the economy's resilience against the...

  • Mother Nature is a turkey: Nor'easter threat looms Tuesday, 25 Nov 2014 | 11:27 AM ET
    A resident shovels snow after a snowstorm in Buffalo, New York, November 20, 2014.

    A nor'easter was expected to develop along the East Coast just as millions of travelers head to their Thanksgiving destinations.

  • The company increased its reliance on China after the United States and European Union slapped stiff anti-dumping duties on solar products made in the Asian country. Average selling price is expected to fall by 2- 3 cents with "sales mix leaning toward China", Yiyu Wang, Yingli's chief financial officer, said on a conference call. Solar panel prices in China are...

  • *Apple market cap tops $700 bln. NEW YORK, Nov 25- U.S. stocks edged lower on Tuesday, with major indexes retreating slightly from record levels after a reading of consumer confidence unexpectedly fell to its weakest level since June. Wall Street had opened higher, boosted by strong data on economic growth, though sharp gains were difficult to come by in a quiet week...

  • USDA'S 2014 FARM INCOME FORECAST LOWEST SINCE 2010; CROP RECEIPTS PROJECTED TO FALL BY $27 BLN OR 12.3 PERCENT.

  • FARM SECTOR PROFITABILITY WEAKENS IN 2014; NET FARM INCOME FORECAST AT $96.9 BLN, DOWN 21 PERCENT ON YEAR- USDA.

  • SAO PAULO, Nov 25- When Brazilian President Dilma Rousseff first considered replacing Finance Minister Guido Mantega two years ago, a top aide confided that any good candidate for the job would have to meet two requirements. Levy, an executive at local bank Bradesco SA, is seen by most investors as a strong choice to try to restore confidence after four years of...

  • FOREX-Yen gains after BOJ minutes; dollar retreats Tuesday, 25 Nov 2014 | 11:12 AM ET

    NEW YORK, Nov 25- The yen rose on Tuesday after Bank of Japan minutes showed the hurdle to further quantitative easing was high, while the dollar slipped as data showing a deterioration in consumer confidence overshadowed a surprise upgrade in third-quarter U.S. growth. "I don't see a reason to trade aggressively before Thanksgiving," said Lane Newman, director of...

  • That was the day 100,000 tonnes of metal being stored in LME-registered sheds in Detroit were canceled prior to physical load-out. The cancellations created an instantaneous bottleneck at Metro International, the dominant LME warehouse operator in Detroit. A relatively benign load-out queue of just over 20 days at Detroit mushroomed to a monster queue of...

  • *Algeria, Bahamas, Belarus, Liberia and Serbia also in line. GENEVA, Nov 25- The 160- member World Trade Organization is in active discussions with 10 countries aiming to become members, including Kazakhstan and Afghanistan, WTO Director General Roberto Azevedo said in a report on Tuesday. But several bigger countries are queuing up, led by Kazakhstan.

  • NEW YORK, Nov 25- U.S. long-dated Treasuries yields hit one-month lows on Tuesday, following euro zone bond yields lower, while an upward revision to third-quarter U.S. gross domestic product growth limited the declines. U.S. 30- year Treasury yields moved in tandem with euro zone bond yields, which held at record lows on the prospect of more stimulus measures from...

  • WAL-MART CHIEF MERCHANDISER DEPARTS JUST BEFORE BLACK FRIDAY. Nov 25- Wal-Mart Stores Inc Chief Merchandising Officer Duncan Mac Naughton has decided to leave the retailer to pursue new opportunities, according to a company memo provided to media. The move comes as Wal-Mart and other retailers gear up for the holiday shopping season.

  • NAIROBI, Nov 25- Kenya's central bank chief filed an appeal on Tuesday asking a court to throw out a case accusing him of abusing his office through his involvement in issuing a tender to install security software at the bank. Earlier this month, Kenya's High Court ruled the government's anti-graft agency and chief prosecutor could pursue the case against...

  • Chesapeake Energy loses in bond dispute appeal Tuesday, 25 Nov 2014 | 10:26 AM ET

    NEW YORK, Nov 25- A divided federal appeals court in New York said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early because it waited too long to tell investors of its plans. Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals reversed a May 2013 ruling by U.S. The majority agreed with Bank of New York Mellon Corp, the notes' trustee,...

  • *Shuttle diplomacy heats up ahead of OPEC meeting. VIENNA, Nov 25- Saudi Arabia met fellow OPEC member Venezuela and oil powers Russia and Mexico in Vienna on Tuesday, as some of the world's largest crude producers engaged in last-minute shuttle diplomacy in a bid to convince OPEC kingpin Riyadh to support prices. Saudi has kept the market guessing about its...

  • *Saudi's Naimi meets Russian, Venezuelan and Mexican counterparts Meeting held ahead of Thursday's OPEC summit. NEW YORK, Nov 25- Oil prices rose on Tuesday, with Brent crude above $80 per barrel, after news that Saudi Arabian Oil Minister Ali al-Naimi was meeting with his Russian, Venezuelan and Mexican counterparts ahead on an OPEC meeting that could cut output.

  • Nov 25- U.S. consumer confidence fell in November to its lowest level since June as optimism waned in the short-term outlook for business conditions and jobs, according to a private sector report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes fell to 88.7 from a downwardly revised 94.1 the month before.

  • ENDERLIN, N.D., Nov 25- After her shift at the TraXside Cafe in the southeast North Dakota hamlet of Enderlin, all Karla Souer wants to do is go home. That's because, chances are, there's a Canadian Pacific Railway Ltd train blocking the tracks somewhere on her route. Desperate for a solution, Enderlin's city councilors last month banned train breaks longer than 10...

  • VIENNA, Nov 25- A statement will be issued following oil talks among Saudi Arabia, Russia, Venezuela and Mexico on Tuesday, Mexican Energy Minister Pedro Joaquin Coldwell said.