April 17- PepsiCo Inc reported first-quarter sales and profit above analysts' estimates on Wednesday, boosted by higher demand for its snacks, sparkling water and low-sugar sodas, sending its shares up about 2 percent before the bell. These moves helped the company post a 2.15 percent growth in sales in its North America beverages unit, while sales in its...
*Oil falls on signs Russia may exit production cuts. NEW YORK, April 15- World stocks retreated from earlier gains on Monday as underwhelming quarterly results from U.S. banks weighed on Wall Street, though progress in U.S.- China trade talks helped European stocks tread water. As a result, equity investors will likely follow top-line results closely, said Oliver...
TORONTO, April 12- The Canadian dollar strengthened against its U.S. counterpart on Friday, adding to this week's gains as oil prices rose and U.S. stocks climbed back to near record highs. The S&P 500 moved within a percent of September's record closing high after the largest U.S. bank soothed worries that the first-quarter earnings season would pour cold water...
*Chevron to buy Anadarko in $33 bln deal. NEW YORK, April 12- U.S. stocks climbed back to near record highs on Friday after the largest U.S. bank, JPMorgan Chase& Co, soothed worries that the first-quarter earnings season would pour cold water on Wall Street's big rally back from last year's slump. JPMorgan, effectively kicking off the quarterly earnings reporting...
LONDON, April 12- Signs of a stabilisation in China's giant economy and a soggy dollar helped oil markets cement their best run for more than three years on Friday, though stocks weren't buoyed much after spending most of the week treading water. China's data showing exports rebounded nicely last month helped offset weaker imports and reports in Europe of...
*Bank stocks boost S&P 500; JPM reports on Friday. *U.S. producer prices post biggest rise in 5 months. April 11- U.S. stock traded in a tight range on Thursday, as losses in the healthcare sector were offset by a rise in industrial shares, with big U.S. banks notching gains ahead of earnings.
*Bank stocks boost S&P 500; JPM reports on Friday. April 11- U.S. stocks treaded water on Thursday, as gains in bank shares ahead of earnings were countered by growth worries following warnings from major central banks. "We can't seem to really break out to new record highs but we're not falling either, and I think earnings will be a key factor in deciding it," said Peter...
WASHINGTON, April 10- President Donald Trump will issue two executive orders in the heart of the Texas energy hub on Wednesday seeking to speed gas, coal and oil projects delayed by coastal states as he looks to build support ahead of next year's election. Trump's orders will direct his Environmental Protection Agency to change a part of the U.S. clean water law...
WASHINGTON, April 9- President Donald Trump will issue two executive orders in the heart of the Texas energy hub on Wednesday seeking to speed gas, coal and oil projects delayed by coastal states as he looks to build support ahead of next year's election. Trump's orders will direct his Environmental Protection Agency to change a part of the U.S. clean water law...
*U.S. core capital goods orders slip in February. NEW YORK, April 2- The benchmark S&P 500 stock index paused on Tuesday, taking a breather from Monday's strong quarterly kickoff as a decline in shares of Walgreens Boots Alliance Inc weighed and economic data did little to ease growth concerns. Walgreens shares weighed the most on all three of Wall Street's major...
SAO PAULO, March 25- The Brazilian government would be open to evaluating new hydro power projects in the Amazon region on their merits, as the administration shrugs off "ideological" interference in the licensing process, Environment Minister Ricardo Salles said on Monday. He cited the example of an un-built power line northern Brazil that would connect the...
"For the next few hours, we still expect the river to rise," said St. Joseph police Sergeant Casey Guyer, adding that some roadways were underwater. Officials said they expect levees to contain debris-laden river water as floodwaters head toward Kansas City, Missouri, about 55 miles south of St. Joseph, then other population centers in Kansas and Missouri downstream.
VALLEY, Neb., March 20- A string of small Missouri towns prepared for the next deluge along the raging Missouri River on Wednesday after flooding wreaked nearly $1.5 billion in damage in Nebraska, killing at least four people and leaving another man missing. High water unleashed by last week's late-winter storm and melting snow has already inundated a large...
VALLEY, Neb., March 20- A string of small Missouri towns on Wednesday prepared for the next deluge along the snow-melt-swollen Missouri River after flooding wreaked nearly $1.5 billion in damage in Nebraska, killing at least four people and leaving another man missing. High water unleashed by last week's late-winter storm and swiftly melting snow this week has...
HOUSTON, March 19- Firefighters on Wednesday extinguished a fire at a Mitsui& Co petrochemical storage site outside Houston that has been billowing acrid smoke for days, the company said. The blaze at Mitsui unit Intercontinental Terminals Co in Deer Park, Texas, was put out by 3 a.m., but fire crews continued to spray foam and water on the tanks to help keep them cool...
OSLO, March 20- Norsk Hydro, one of the world's largest aluminium producers, has made some progress in restoring operations but is not yet back to normal after a ransomware cyber attack, the company said on Wednesday. After the attack began late on Monday, the company had to shut several plants that transform aluminium ingots into components for car makers,...
LONDON, March 19- Aluminium touched a three-month peak on Tuesday after major producer Norsk Hydro was hit by a cyber attack, causing its giant smelters to switch to manual operation and some extrusion plants to be shut. Benchmark aluminium on the London Metal Exchange traded 1.3 percent higher at $1,946 a tonne, the strongest since Dec. 18, in closing open outcry...
OSLO, March 19- Norsk Hydro, one of the world's largest producers of aluminum, battled on Tuesday to contain a cyber attack which hit parts of its production, sending its shares lower and aluminum prices higher. The company shut several metal extrusion plants, which transform aluminum ingots into components for car makers, builders and other industries, while its...
The company shut several metal extrusion plants, which transform aluminium ingots into components for car makers, builders and other industries, while its giant smelters in countries including Norway, Qatar and Brazil were being operated manually. News of the attack pushed aluminium prices up 1.2 percent to a three-month high of $1,944 a tonne in early trade...
California remains a holdout on a drought emergency plan for the Colorado River that is due next Tuesday by all seven river states. Holding up the plan has been a fight between two powerful water agencies in Southern California.
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