Top News & Analysis Denver

  • "There certainly were more winners and losers in November and December than in recent years when the market was fairly quiet," said Daniel Myers, market analyst at Gelber& Associates in Houston, noting there is more interest in a market that provides the opportunity to take advantage of big price swings. Since November, the difference between the highest trading...

  • Jan 31- Wall Street ascended on Thursday, with the S&P 500 wrapping up its biggest monthly increase since 2015 after strong earnings from Facebook Inc added to optimism after the Federal Reserve's dovish remarks. "There was a severe lack of trust in the Fed a month ago, and that has been relieved," said Craig Callahan, chief executive officer of Icon Advisors in...

  • Jan 31- The S&P 500 and the Nasdaq extended a rally on Thursday as strong earnings from Facebook Inc added to optimism after the Federal Reserve's dovish remarks, while investors waited for the outcome of U.S.- China trade talks. "There was a severe lack of trust in the Fed a month ago, and that has been relieved," said Craig Callahan, Chief Executive Officer of Icon...

  • NEW YORK, Jan 25- U.S. Treasury yields rose on Friday, with 10- year yields bouncing from a one-week low, as Wall Street stocks climbed on upbeat company results, offsetting worries about slowing economic growth and the U.S.- China trade conflict. "The market is getting its cue from the equity market," said Subadra Rajappa, head of U.S. rates strategy at SG Corporate&...

  • LOS ANGELES, Jan 15- Some 30,000 Los Angeles teachers on strike for higher pay, smaller classes and more staff walked picket lines in the rain for a second day on Tuesday as Mayor Eric Garcetti embraced their cause while trying to nudge the two sides back to the bargaining table. There was no immediate word in response from either the mayor's office or LAUSD, which...

  • LOS ANGELES, Jan 15- Some 30,000 striking Los Angeles teachers demanding higher pay, smaller classes and more support staff from the nation's second-largest school district walked picket lines for a second day on Tuesday, with no new talks on the horizon. The strike, shattering 30 years of labor peace by Los Angeles teachers, has not completely idled instruction...

  • CHICAGO, Jan 15- United Airlines on Tuesday reported a fourth-quarter profit that easily beat Wall Street forecasts, sending shares higher, as the No. 3 U.S. carrier scheduled more flights out of its hubs and won back customers after a series of public relations disasters. Chicago- based United attributed its revenue growth to a strategy launched last January to...

  • Jan 14- Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc for $10 billion, creating the world's biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal. Vancouver- based Goldcorp's Toronto- listed shares rose 7 percent to C $13.75 at 12:03 p.m. ET. Newmont Mining's shares were down about 8.8 percent at...

  • Jan 14- Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world's biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal. The new company, to be called Newmont Goldcorp, is set to overtake current leader Barrick Gold's annual production and will have mines in the...

  • NEW YORK, Dec 28- U.S. The year-end stampede into safe-haven Treasuries has pushed the $15.5 trillion sector toward its biggest monthly rally in 2-1/ 2 years, on track to bring it into positive territory for 2018, according to an index compiled by Bloomberg and Barclays. There's a lot of chaos out there, "said Jerry Paul, senior vice president of fixed income at ICON...

  • NEW YORK, Dec 28- U.S. Treasury yields were little changed on Friday with 10- year yields hovering near eight-month lows as Wall Street remained volatile, with investors anxious about the economy and turmoil in Washington including a partial government shutdown. The year-end stampede into safe-haven Treasuries has pushed the $15.5 trillion sector toward...

  • *Crude's strongest daily gain since OPEC deal announced in 2016. *Russia's Sechin sees oil at $50- $53/ bbl in 2019. Both U.S. and Brent crude rose about 8 percent, their largest one-day increase since Nov. 30, 2016, when OPEC signed a landmark agreement to cut production.

  • CHICAGO, Dec 12- With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction. United has overhauled its hubs in Chicago, Houston, Denver, Newark, New Jersey, Washington, D.C., Los Angeles and San Francisco with 220 new flights and better coast-to-coast connecting...

  • CHICAGO, Dec 12- With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction. United has overhauled its hubs in Chicago, Houston, Denver, Newark, Washington, D.C., Los Angeles and San Francisco with 220 new flights and better coast-to-coast connecting options.

  • Dec 12- United Continental Holdings Inc said on Wednesday it would add flights to New Delhi, Toronto and Melbourne from San Francisco, as the No. 3 U.S. airline looks to tap higher-paying international routes. The airline also plans to start a second daily flight between San Francisco and Seoul as well as new year-round nonstop flights between the U.S. city and...

  • BERLIN, Dec 12- Two German property firms on Wednesday said they plan to invest 1 billion euros to develop tiny apartments with communal facilities across Europe in the next three to five years, with a big U.S. expansion by the co-living operator expected in 2019.. Medici Living also plans to match the European funding to expand its U.S. operations and is targeting...

  • WASHINGTON, Dec 12- JPMorgan Chase& Co has made a splash this year in Washington, D.C. opening branches for the first time in the nation's capital. Washington is a prime battle ground, and JPMorgan considers the region the third biggest in the country by population and gross domestic product. Washington offers banks the chance to build brands and make life-long...

  • *U.S. surge in output comes as OPEC grapples with supply worries. Dec 6- The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic surge in U.S. supply. "So when does the U.S. send a...

  • *U.S. surge in output comes as OPEC grapples with supply worries. Dec 6- The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic surge in U.S. supply. "So when does the U.S. send a...

  • The Denver- based company, which currently produces 60 percent of its power from fossil fuels, said it will slash carbon emissions by 80 percent from 2005 levels by 2030, from a previous target of 60 percent, before going to zero in 2050. The company's ambitions stand in stark contrast to the federal government's pro-coal agenda under President Donald Trump,...