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  • NEW YORK/ CHICAGO, July 26- Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal debt market, with one exception: its weakest borrowers are seizing the opportunity to prop up their finances at costs they can afford. Some cash-strapped areas, including Illinois and low-rated Chicago, can also issue bonds for...

  • NEW YORK/ SAN FRANCISCO, July 26- The 1923 middle school building in Oregon's Corbett School District is so old that horses and trailers were used to dig the basement. The amount of debt sold so far this year in the $3.7 trillion market for U.S. municipal and state debt is less than in 2015 despite record-low borrowing rates. The yield on top-rated municipal 30- year...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...

  • SYDNEY, July 26- U.S. soybean prices fell for a third straight session on Tuesday to trade around the lowest in more than three months, as fears over yields diminished after the U.S. Department of Agriculture said the crop withstood recent hot weather. *The most active soybean futures on the Chicago Board Of Trade fell 0.23 percent to $9.64 a bushel, having closed...

  • According to Caterpillar, the largest decline in machinery sales was in Latin America, down 38 percent from a year ago. "The demand environment continues to be weak in Latin America," Lawrence De Maria, an analyst at William Blair said in a research note. Total machinery sales were also down 12 percent in North America, down 7 percent in the Asia Pacific region, and down...

  • CHICAGO _ Heidrick& Struggles International Inc. on Monday reported second-quarter net income of $6.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Heidrick& Struggles shares have dropped 36 percent since the beginning of the year.

  • *Longer-dated yields hold steady on Wall Street losses. NEW YORK, July 25- Short-dated U.S. Longer-dated Treasury yields followed Wall Street stocks lower, with traders wary of possible signals from the Federal Reserve about an interest rate increase later this year following its policy meeting on Tuesday and Wednesday.

  • July 25- Wal-Mart Stores Inc's former chief financial officer, Charles Holley, will join Deloitte LLP, the U.S. arm of Deloitte Touche Tohmasu Ltd as an independent senior adviser, the auditing firm said on Monday. Holley, who served as the CFO of Wal-Mart, the world's largest retailer, from December 2010 to January 2016, will join Deloitte's' U.S.

  • CHICAGO, July 25- U.S. soybean futures fell sharply on Monday, extending the steep declines seen last week on pressure from investment fund selling and favorable extended weather outlooks for the developing crop, traders and analysts said. Wheat and corn futures each were narrowly lower at the Chicago Board of Trade, with wheat reversing from earlier gains that...

  • NEW YORK, July 25- Global equity markets edged lower on Monday as a 2 percent drop in crude prices weighed on investor sentiment and traders awaited signals of a potential interest rate increase this year from this week's meeting of U.S. "With stocks starting to fall, we are looking at some upward momentum on longer-dated bond prices," said Justin Hoogendoorn, head...

  • NEW YORK, July 25- Global equity markets edged lower on Monday as a 2 percent drop in crude prices weighed on investor sentiment and traders awaited signals of a potential interest rate increase this year from a meeting of Federal Reserve policymakers. Shares in Europe advanced in early trade but turned lower after Wall Street opened. "With stocks starting to...

  • *Longer-dated yields fall after lower Wall Street open. Longer-dated Treasury yields followed Wall Street stocks lower, with traders wary of possible signals from the Federal Reserve about an interest rate increase later this year following its upcoming policy meeting on Tuesday and Wednesday. While the U.S. economic expansion has persisted in the...

  • July 25- E* Trade Financial Corp said it would buy the parent of online brokerage OptionsHouse for $725 million in cash, as the company looks to better compete in derivatives trading. Chicago- based OptionsHouse currently operates 154,000 customer accounts and has $3.6 billion in customer assets, including $1.4 billion in cash. OptionsHouse is an indirect...

  • SINGAPORE/ PARIS, July 25- Chicago wheat prices rose on Monday on growing concern that the size of the crop in the European Union, the world's largest exporter of the cereal, could be lower than expected, pulling up corn in their wake. The Chicago Board of Trade most-active wheat contract was 1.7 percent higher at $4.32-1/ 2 a bushel by 1031 GMT, after falling in the...

  • CHICAGO— The Chicago Cubs have acquired hard-throwing reliever Aroldis Chapman in a trade with the New York Yankees.

  • SYDNEY, July 25- U.S. soybeans fell for a second session to keep prices near a three-month low as updated weather forecasts called for more favorable conditions, easing concerns of potential yield losses. *The most active soybean futures on the Chicago Board Of Trade fell 0.3 percent to $9.85-3/ 4 a bushel, having closed down 2.4 percent on Friday when prices hit...

  • SPRINGFIELD, Ill.— A new Illinois law limits how police can use devices that cast a wide net in gathering cellphone data and are at the center of a lawsuit against the Chicago Police Department. "Cell site simulator technology too powerful to remain unregulated," Khadine Bennett, who is associate legislative director for the American Civil Liberties Union of...

  • TERRE HAUTE, Ind.— A company is expanding its search for oil deposits on Indiana State University property. Pioneer Oil Co., based in Lawrenceville, Illinois, signed an oil and gas lease in 2012 with the university, which has collected hundreds of thousands of dollars in royalties under the deal. The company finished drilling a new test well this week on a grassy area...

  • July 22- Whirlpool Corp's biggest challenge in the last year has been managing rapid change and currency volatility in global markets such as turmoil after Britain's vote to leave the European Union, Chief Executive Officer Jeff Fettig said in an interview on Friday. Britain, where Whirlpool records about $1 billion in revenues, this summer voted to leave the...