Top News & Analysis North Dakota

  • CHICAGO, March 22- Chinese importers booked their largest U.S. corn purchase in at least 5-1/ 2 years, the U.S. Department of Agriculture said on Friday, a rare sale of the grain in the middle of the U.S.- China trade war. The USDA, via its daily reporting system, said private exporters sold 300,000 tonnes of the grain for shipment in the 2018/ 19 marketing year, which ends...

  • SINGAPORE, March 21- Chicago wheat futures slid on Thursday as the market took a breather after climbing to a three-week high in the last session when prices were underpinned adverse weather. Soybeans rose for a second consecutive session on hopes for progress in U.S. trade talks with China, while corn edged higher after closing largely unchanged in the last...

  • SYDNEY, March 21- U.S. wheat futures edged down on Thursday to retreat from a three-week high touched in the previous session, but losses were checked by concerns over planting delays in North America amid recent adverse weather. *The most active wheat futures on the Chicago Board of Trade were down 0.2 percent at $4.63-1/ 4 a bushel by 0056 GMT, having closed up 1.7...

  • CHICAGO, March 20- U.S. wheat futures rose more than 1 percent on Wednesday on poor weather in the Midwest soft winter wheat belt and the northern Plains spring wheat region, traders said. As of 1:10 p.m. CDT, Chicago Board of Trade May soft red winter wheat rose 7 cents to $4.63-1/ 2 a bushel while Minneapolis Grain Exchange May spring wheat was up 7 cents at $5.72-1/ 4...

  • *Trader awaits updates on U.S.- China trade talks. Soybean futures declined as traders awaited news from ongoing U.S. trade negotiations with China, the world's top soybean importer. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He.

  • The new rules, announced by the Department of Interior's Bureau of Land Management, fits within the Trump administration's broader plan to increase energy production on federal lands by loosening environmental regulations. They include California, Colorado, Idaho, Nevada, Oregon, Utah and Wyoming. Montana, North Dakota and South Dakota opted out of amending...

  • CHICAGO, March 14- U.S. farmers are gearing up to plant what could be their third-largest soybean crop ever despite failing to sell a mountain of beans from their last harvest due to a U.S.- China trade war that remains unresolved. Soybeans were the single most valuable U.S. agricultural export crop and until the trade war, China bought $12 billion- worth a year from...

  • Sloans base salary remained flat at $2.4 million, he earned $14 million stock awards and the board awarded him a $2 million bonus based on the banks financial performance and other factors, according to a company filing. Wells Fargo released compensation details one day after Sloan appeared before the House Financial Services Committee to show to lawmakers...

  • March 13- Wells Fargo& Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, prompting the Federal Reserve to release a statement saying that it does not sign off on executive pay. Sloan's base salary remained flat at $2.4 million, he earned $14 million stock awards and the board awarded him a $2 million bonus based on the bank's financial performance...

  • WASHINGTON, March 12- Democratic and Republican lawmakers on Tuesday pressed Wells Fargo& Co Chief Executive Tim Sloan for proof the bank has put a string of consumer abuse scandals behind it at a tense congressional hearing that saw Sloan firmly on the defensive. Sloan was the first bank executive to be grilled by the House Financial Services Committee since...

  • WASHINGTON, March 12- Democratic and Republican lawmakers on Tuesday pressed Wells Fargo& Co Chief Executive Tim Sloan for proof the bank has put a string of consumer abuse scandals behind it at a tense Congressional hearing that saw Sloan firmly on the defensive. Sloan was the first bank executive to be grilled by the House Financial Services Committee since...

  • WASHINGTON, March 12- Democratic and Republican lawmakers pressed Wells Fargo& Co Chief Executive Tim Sloan for proof that the bank has moved past a string of customer abuse scandals at a tense hearing in Congress on Tuesday. A nervous Wall Street is keen to see how hostile the panel will be towards the industry. Fellow rookie Katie Porter likewise built her...

  • WASHINGTON, March 12- Both Democratic and Republican lawmakers pressed Wells Fargo& Co Chief Executive Tim Sloan for more proof that the bank has moved past its customer abuse scandals in a tense hearing in Congress on Tuesday. A nervous Wall Street is keen to see how hostile the panel will be towards the industry. Fellow freshman Katie Porter likewise built her...

  • WASHINGTON, March 12- Wells Fargo& Co Chief Executive Tim Sloan's campaign to prove his bank has moved past its scandals will collide on Tuesday with newly empowered Democratic lawmakers who are taking aim at Wall Street. A nervous Wall Street is keen to see how hostile the panel will be towards the industry. Fellow freshman Katie Porter likewise built her...

  • March 11- Wells Fargo& Co Chief Executive Tim Sloan will tout the scandal-plagued bank's progress in repaying wrongly charged customers and highlight changes to its risk management in testimony to U.S. lawmakers on Tuesday, according to prepared remarks. Since 2016, Wells Fargo has reviewed 165 million accounts, contacted more than 40 million customers and...

  • The joint venture, called EGPNA Renewable Energy Partners, was formed in late 2016 between Enel's U.S.-based renewables subsidiary, Enel Green Power North America and GE Energy Financial Services. A spokeswoman for GE Energy Financial Services declined to comment. GE Energy Financial Services has been selling down its portfolio under a plan to reduce those...

  • NEW YORK, March 5- JPMorgan Chase& Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over Trump administration immigration policies. JPMorgan is one of several banks that have underwritten bonds or syndicated loans for CoreCivic Inc and GEO Group Inc, the two major private prison...

  • *LYFT SAYS STIFEL, RBC CAPITAL MARKETS, KEYBANC CAPITAL MARKETS ARE AMONG UNDERWRITERS TO THE IPO. *LYFT INC SAYS COWEN, RAYMOND JAMES, CANACCORD GENUITY, EVERCORE ISI, PIPER JAFFRAY AND JMP SECURITIES ARE AMONG UNDERWRITERS TO THE IPO. *LYFT- WELLS FARGO SECURITIES, KKR, ACADEMY SECURITIES, BLAYLOCK VAN, PENSERRA, SIEBERT CISNEROS SHANK& CO, THE WILLIAMS CAPITAL GROUP...

  • U.S. oil output from seven major shale formations is expected to rise 84,000 barrels per day in March to a record of about 8.4 million bpd, the U.S. Energy Information Administration said in a monthly report on Tuesday. A shale revolution has helped boost the United States to the position of world's biggest crude oil producer, ahead of Saudi Arabia and Russia.

  • The company has been looking to divest its North Sea assets and focus on the rising shale oil production in the United States. The U.S. recently surpassed Saudi Arabia and Russia to become the world's top crude producer. The company's net income was $390 million, or 47 cents per share, in the fourth quarter ended Dec. 31, compared to a loss of $28 million, or 3 cents per...