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  • MEXICO CITY, July 27- Fund manager Michael Hasenstab expects Mexico's peso to be supported by the country's solid economy and says investors who are using the currency as a proxy bet against risks in other emerging markets could be burned. However, the number of bets against the currency registered on the Chicago exchange fell sharply since Mexico's central...

  • CBOT soybeans bounded to session highs after the U.S. Department of Agriculture said at midmorning that exporters sold 131,000 tonnes of U.S. soybeans to top global importer China. Most-active CBOT November soybeans were up 19 cents at $9.92-3/ 4 per bushel as of 11:40 a.m. CDT, on pace for their biggest daily gains in 1-1/ 2 weeks. You put it all together, you get a...

  • Under agreements reached with Wyoming, New Mexico and Indiana, about 15 percent of Peabody's $1.2 billion in self-bonds will be secured by debtor-in-possession financing during its bankruptcy. Wyoming can receive $127 million cash if Peabody were to walk away from reclamation in that state while in bankruptcy, New Mexico $32 million and Indiana $17 million.

  • CHICAGO— British billionaire Richard Branson says if kids are going to smoke marijuana, their parents should join them. The Chicago Tribune reports the Virgin Group founder told an audience of entrepreneurs in Chicago on Tuesday that if their kids are "going to have a joint, do it with them." He adds, "Don't let them sneak off and do it on their own.

  • MILAN/ DETROIT, July 27- Fiat Chrysler Automobiles nudged up its full-year adjusted earnings guidance on Wednesday, but its shares came off earlier highs after recall costs hit second-quarter profit and concerns remained about its exposure to a peaking U.S. market. But earnings fell 14 percent when including charges related to recall costs and production...

  • CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was 3.50 cents a bale higher $4.1860 a bushel; Sept. corn was 4.25 cents higher at $3.3660 bushel; Sept. oats was unchanged at $2.0020 a bushel; while August soybeans gained 20.25 cents to $10.1360 a bushel. August live cattle was. 13 cents lower at...

  • Boeing also lowered its full-year earnings to the range of $6.10 and $6.30 per share, from $8.15 and $8.35. The report of a quarterly loss comes days after one of Boeing's key suppliers, Rockwell Collins, publicly called out the company for being behind on $30 million to $40 million in bills for various electronic and cockpit equipment. "Boeing is delinquent and...

  • DEERFIELD, Ill.— Mondelez International Inc. on Wednesday reported second-quarter earnings of $464 million. Mondelez expects full-year earnings to be 8 cents per share. Mondelez shares have climbed nearly 1 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 6 percent.

  • CHICAGO— Boeing Co. on Wednesday reported a second-quarter loss of $234 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 88 cents per share. Three analysts surveyed by Zacks expected $24.45 billion.

  • *Chicago wheat little changed after falling over 3 pct on Tuesday. HAMBURG, July 27- Chicago wheat fell on Wednesday, as dealers weighed up the impact of falling European Euronext futures against a crop tour forecasting lower U.S. harvest yields. The Chicago Board Of Trade's most-active September wheat contract fell 0.1 percent to $4.14-1/ 2 a bushel at 1057 GMT.

  • *Chicago wheat edges higher after Tuesday's over 3 pct fall. SINGAPORE, July 27- Chicago wheat rose on Wednesday as the market recovered from a more than three percent fall in the previous session, supported by a widely watched crop tour that found lower U.S. spring wheat yield prospects. The Chicago Board Of Trade's most-active wheat contract rose 0.4 percent to...

  • SYDNEY, July 27- U.S. wheat edged higher on Wednesday, rebounding from losses of more than 3 percent in the previous session, drawing support a widely watched U.S. crop tour that pegged yields below five-year average levels. *The most active wheat futures Chicago Board Of Trade rose 0.1 percent to $4.15-1/ 2 a bushel, having closed down 3.3 percent on Tuesday.

  • CHICAGO _ John Bean Technologies Corp. on Tuesday reported second-quarter net income of $18.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • CHICAGO _ Huron Consulting Group Inc. on Tuesday reported second-quarter net income of $15.2 million. Huron Consulting expects full-year earnings in the range of $3.35 to $3.50 per share, with revenue in the range of $755 million to $775 million. Huron Consulting shares have risen 8.5 percent since the beginning of the year.

  • DES MOINES, Iowa— The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals Tuesday needed to proceed with construction. Documents posted by the Iowa Utilities Board show the U.S. Army Corps of Engineers approved 60 river crossings in Iowa for Dakota Access, a decision pipeline opponents hoped to stop.

  • Excluding one-time items, Edwards said second-quarter earnings rose to 76 cents a share from 57 cents in the year-ago period. The Irvine, California- based company raised its full-year forecast, excluding items, by 11 cents, to a range of $2.78 to $2.88 a share. It now expects sales to be at the high end of the range of its previous forecast of $2.7 billion to $3 billion.

  • CHICAGO _ TransUnion on Tuesday reported second-quarter net income of $17.3 million, after reporting a loss in the same period a year earlier. For the current quarter ending in October, TransUnion expects its per-share earnings to range from 34 cents to 35 cents. TransUnion expects full-year earnings in the range of $1.37 to $1.39 per share, with revenue...

  • ITASCA, Ill. _ Knowles Corp. on Tuesday reported a loss of $24.6 million in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. Four analysts surveyed by Zacks expected $193 million.

  • The forecast and weak quarterly sales at domestic McDonald's restaurants sent shares in the world's biggest restaurant company down 4.5 percent to $121.71 and pulled down most of the restaurant sector. The Dow Jones U.S. Restaurants& Bars Index was off 2.2 percent. The world's biggest fast-food chain gets roughly one-third of its revenue and 40 percent of...

  • Edwards earned 76 cents a share, excluding one-time items, in the second quarter. Analysts on average had expected 70 cents a share, according to Thomson Reuters I/B/E/S. The Irvine, California- based medical device maker raised its full-year forecast, excluding items, by 11 cents, to a range of $2.78 to $2.88 a share.