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Top News & Analysis Kansas

  • CHICAGO, April 6- Struggling U.S. farmers are pressing their luck with soybeans this spring, sowing record acreage even though the world is awash with the oilseed, as demand from China offers a potential lifeline. But fierce competition to supply China threatens the bottom line for U.S. growers, and 2017 prices, while seen as up slightly from 2016, are still...

  • MOSCOW- Moscow Exchange Forum with Central Bank Governor Elvira Nabiullina and Economy Minister Maxim Oreshkin. THURSDAY, APRIL 6 FRANKFURT, Germany- The chief economist of the European Central Bank, Peter Praet, gives a speech at the ECB- 0830 GMT. VALLETTA, Malta- Executive board member Vítor Constancio gives a keynote speech at the Eurofi High Level Seminar...

  • MOSCOW- Moscow Exchange Forum with Central Bank Governor Elvira Nabiullina and Economy Minister Maxim Oreshkin. THURSDAY, APRIL 6 FRANKFURT, Germany- The chief economist of the European Central Bank, Peter Praet, gives a speech at the ECB- 0830 GMT. VALLETTA, Malta- Executive board member Vítor Constancio gives a keynote speech at the Eurofi High Level Seminar...

  • CHICAGO, April 4- Discount footwear retailer Payless ShoeSource said it had filed for Chapter 11 protection on Tuesday with a plan to restructure debt and immediately close 400 underperforming stores in the United States and Puerto Rico. Privately owned Payless Inc joins a long list of U.S. brick-and-mortar retailers to fall victim to declining mall traffic...

  • SINGAPORE, April 4- Chicago corn edged up on Tuesday, with the market trading close to its highest in more than three weeks on support from a U.S. government forecast of lower plantings this year. The Chicago Board of Trade most-active corn contract had added 0.1 percent to $3.68 a bushel by 0312 GMT after climbing to its highest since March 9 at $3.71-3/ 4 a bushel on...

  • SINGAPORE, April 4- Chicago corn futures edged lower on Tuesday, with the market taking a breather after climbing to its highest in more than three weeks with support from a U.S. government forecast of lower plantings this year. *The market was supported by the U.S. Department of Agriculture's projection on Friday that U.S. farmers would plant 89.996 million acres...

  • TUESDAY, APRIL 4 FRANKFURT- ECB Executive Board Member Mario Draghi speaks at European Central Bank in Frankfurt 1330 GMT. NEW JERSEY- Federal Reserve Board Governor Daniel Tarullo speaks at Princeton University- 2030 GMT. OSLO- Norges Bank Governor Oystein Olsen gives a speech at a conference hosted by The Federation of Norwegian Industries.

  • TUESDAY, APRIL 4 FRANKFURT- ECB Executive Board Member Mario Draghi speaks at European Central Bank in Frankfurt 1330 GMT. NEW JERSEY- Federal Reserve Board Governor Daniel Tarullo speaks at Princeton University- 2030 GMT. OSLO- Norges Bank Governor Oystein Olsen gives a speech at a conference hosted by The Federation of Norwegian Industries.

  • *Corn supported by USDA forecast for 4 pct acreage decline. *Soy slides on chart selling, USDA's record area estimate. Corn was supported by the USDA's projection on Friday that U.S. farmers would plant 89.996 million acres of corn.

  • April 3- Mylan NV has been hit with a new proposed class action lawsuit over the price of its EpiPen allergy treatment, which shot up to more than $600 for a two-pack of the device from less than $100 in 2007.. The lawsuit was filed on Monday in Tacoma, Washington, federal court by three EpiPen purchasers. Mylan spokeswoman Nina Devlin declined to comment.

  • NEW YORK, March 31- Brazilian petrochemical company Braskem SA must face the main part of a shareholder lawsuit over its role in a massive bribery scandal that engulfed Brazil's state-owned oil company Petrobras SA, a U.S. judge has ruled. District Judge Paul Engelmayer in Manhattan said holders of Braskem's American depositary receipts may pursue claims...

  • CHICAGO, March 28- U.S. farmers in the arid Plains states have traditionally grown wheat and raised cattle. Farmers in these states, which include Kansas, Nebraska and the Dakotas, have more choice now in what they grow as seeds have been developed over the past decade that thrive in the dry conditions typical of the region. Kansas farmer Mick Rausch is taking...

  • CHICAGO, March 27- U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly rain in the southern Plains wheat belt, traders said. "The path of least resistance is lower," said EFG Group analyst Tom Fritz. Chicago Board of Trade May wheat futures were down 6 cents...

  • CHICAGO, March 24- U.S. soybean futures dropped 1.6 percent on Friday to their lowest level in more than five months on pressure from rising forecasts for already-robust South American harvests, traders said. Chicago Board of Trade soft red winter wheat rose on bargain buying following four straight days of declines. Chicago Board of Trade May soybean futures...

  • CHICAGO, March 24- U.S. soybean futures dropped 1 percent on Friday to their lowest in more than four months on pressure from rising forecasts for already-robust South American harvests, traders said. Wheat futures were mixed, with Chicago Board of Trade soft red winter wheat rising on bargain buying following four straight days of declines, while K.C. hard red...

  • The North American Free Trade Agreement with Mexico and Canada will top the list of trade deals to be reviewed, which affect 20 countries from the Americas to Asia, the officials told Reuters. Politico first reported the plan for the two orders, quoting a senior administration official as saying the trade orders would help shift the White House narrative "to a...

  • District Judge Paul Oetken in Manhattan said the IRS was immune from damages claims for its alleged "deceit" or "misrepresentation" toward Sprint's former chief executive William Esrey and former chief operating officer Ronald LeMay. The plaintiffs said the IRS helped Ernst& Young, which was their tax advisor and sold them the shelters, hide key details about...

  • March 22- In investing, it seems, the wages of following your political bias is higher volatility without higher returns. Fund managers do tend to opt for firms with which they are in political alignment, the study finds, and do so more when their own party controls the White House. The new study, by M. Babajide Wintoki and Yaoyi Xi of the University of Kansas, looked at a...

  • March 22- In investing, it seems, the wages of following your political bias is higher volatility without higher returns. Fund managers do tend to opt for firms with which they are in political alignment, the study finds, and do so more when their own party controls the White House. The new study, by M. Babajide Wintoki and Yaoyi Xi of the University of Kansas, looked at a...

  • *Kansas, Cleveland Fed chiefs to speak later in the day. March 21- U.S. stocks reversed course to trade lower in late morning on Tuesday, pressured by a fall in bank shares. "People are absorbing the Fed decision and seeing what the impact from that will be," said Paul Springmeyer, investment managing director at the Private Client Reserve at U.S. Bank in Minneapolis,...