Top News & Analysis Minnesota

  • As of 12:40 p.m. CDT, Chicago Board of Trade November soybean futures were down 4-1/ 2 cents at $8.59 per bushel. Soybeans turned lower, retreating from early gains, after the U.S. Department of Agriculture said private exporters cancelled sales of 180,000 tonnes of U.S. soybeans to China, the world's biggest buyer. The USDA said exporters also cancelled another...

  • MACON, United States- Federal Reserve Bank of Atlanta President Raphael Bostic participates in armchair discussion on the economic outlook, in Macon, Ga.- 1600 GMT. NEW YORK CITY- Federal Reserve Bank of Dallas President Robert Kaplan speaks before Manhattan Institute event, "10 Years After the Crisis: the State of Monetary and Fiscal Policy," in New York- 1645 GMT.

  • THURSDAY, OCTOBER 18 MEMPHIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the Economic Club of Memphis- 1315 GMT. LONDON- Latvian Finance Minister Dana Reizniece-Ozola, Lituanian Finance Minister Migle Tuskiene and Estonian Deputy Secretary-General for Financial...

  • NEW YORK Oct 17- Wall Street struggled for direction on Wednesday after the Federal Reserve released meeting minutes showing broad agreement on the need to raise borrowing costs further despite sharp criticism from U.S. A lot has to happen for the Fed not to move again in December, "said Ryan Sweet, head Of monetary policy research at Moody's Analytics in West...

  • Net interest income rose 2.4 percent to $3.25 billion in the third quarter, while the bank's income tax expense fell 23 percent to $490 million. Net income attributable to the bank's common shareholders rose 17 percent to $1.73 billion, or $1.06 per share, in the quarter ended Sept. 30. Total net revenue rose to $5.7 billion from $5.57 billion.

  • The plan comes as the ethical investment industry expands beyond its core centres of Europe and North America, with governments such as Indonesia issuing green bonds for the first time this year. The London- based Responsible Finance& Investment Foundation will work with a group of 23 other signatories to develop the tool over the coming year, Chief Executive...

  • Oct 16- Minnesota's attorney general on Tuesday filed a lawsuit accusing drug manufacturers Sanofi SA, Novo Nordisk and Eli Lilly and Co of deceptively raising prices for insulin. In a lawsuit filed in federal court in Trenton, New Jersey, Minnesota Attorney General Lori Swanson took aim at the companies after the list price for some insulin products more than...

  • Oct 16- Minnesota's attorney general on Tuesday filed a lawsuit accusing drug manufacturers Sanofi SA, Novo Nordisk and Eli Lilly and Co of deceptively raising prices for insulin. In a lawsuit filed in federal court in Trenton, New Jersey, Minnesota Attorney General Lori Swanson took aim at the companies after the list price for some insulin products more than...

  • In a lawsuit filed in federal court in Trenton, New Jersey, Minnesota Attorney General Lori Swanson took aim at the companies after the list price for some insulin products more than tripled since 2002..

  • *All 11 S&P sectors gain; health, tech jump 2 pct. *Walmart rises after upbeat online sales forecast. Oct 16- The three main Wall Street indexes rose more than 1 percent on Tuesday as upbeat earnings from blue-chips such as Johnson& Johnson and Goldman Sachs eased jitters over the impact of rising interest rates and tariffs on corporate profits.

  • Kicking off the earnings season for the sector, the United States' largest health insurer said on Tuesday it now expects adjusted profit to approach $12.80 per share in 2018, compared with prior expectations of between $12.50 and $12.75. The company's insurance business added 2.8 million more members year-over-year in the third quarter and raked in revenue...

  • CHICAGO, Oct 15- U.S. soybean futures jumped 2.8 percent on Monday on poor Midwest harvest conditions, coupled with reminders of strong domestic crushing demand and signs of U.S. soy cargoes headed to China, analysts said. Chicago Board of Trade November soybean futures settled up 24 cents at $8.91-1/ 2 per bushel after reaching just off the session top of $8.92, the...

  • CHICAGO, Oct 11- The U.S. Agriculture Department surprisingly trimmed its forecasts for both domestic corn and soybean production on Thursday, with the soy cut stemming from a reduction in acres while the corn harvest will be lower due to smaller-than-expected yields. Soybean production was seen falling from the government's September estimate due to a...

  • NEW YORK, Oct 10- U.S. long-dated Treasury yields rose on Wednesday, extending a trend over the last few weeks fueled by solid U.S. economic data that reinforced expectations of multiple interest rate hikes over the next 12 months. "The market for quite some time has under-appreciated the Federal Reserve's rate hikes," said Bill Merz, head of fixed income research at...

  • CHICAGO, Oct 10- Waiting until age 70 to claim Social Security benefits is one of the most popular financial strategies for retirement, but it can put couples that retire in their 60 s in a bind if they then must wait years for monthly benefit checks to start. The optimum approach varies based on the couple's ages, longevity and past income, but starting Social...

  • The most-active soybean contract on the Chicago Board of Trade gained 0.3 percent to $8.72 a bushel by 0233 GMT, having climbed to its highest since Aug. 22 at $8.74-3/ 4 on Monday. Wheat was flat at $5.14 a bushel, after falling earlier in the session to its lowest since Oct 2 at $5.12 a bushel and corn was unmoved at $3.66-1/ 2 a bushel, having closed down 0.5 percent in...

  • SYDNEY, Oct 9- U.S. wheat futures fell for a second session to hit a one-week low on Tuesday as wet weather boosted yield prospects for North American crops. *The most active wheat futures on the Chicago Board of Trade were down 0.4 percent at $5.12 a bushel by 0053 GMT- the lowest since Oct 2. *Wet weather across key corn and soybean states- including Iowa, Nebraska and...

  • CHICAGO, Oct 8- U.S. wheat futures fell more than 1 percent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. Traders squared positions ahead of Thursday's monthly U.S. Department of Agriculture crop supply and demand report that is expected...

  • CHICAGO, Oct 8- U.S. wheat futures fell around 1 percent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. Traders were also squaring positions ahead of Thursday's monthly U.S. Department of Agriculture crop supply and demand report that is...

  • *Smithfield among others to join IBM Food Trust system. LONDON, Oct 8- Europe's largest retailer Carrefour SA has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years. IBM Food Trust allows the industry to track and share...