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Commodities Today: The Commodity And MLP Names Offering Opportunity

2015-07-30 06:08:02| Steel - Topix.net

Copper and gold are showing strength today, with copper back above $2.40/pound and gold trying to take out the $1,100/ounce level. Commodities are marginally lower today, but after yesterday's trading this is not out of the ordinary.

Tags: today names opportunity offering

 

US close: Weakness in commodities and biotech weighs on Wall Street

2015-07-26 01:55:24| Biotech - Topix.net

Wall Street ended the session and the week firmly in negative territory as investors reacted to a weak batch of corporate results and a spate of weaker data both at home and abroad. The Dow Jones Industrial Average ended the day lower by 0.92% to 17,568.53, while the S&P 500 retreated 1.07% to finish at 2,079.65 and the Nasdaq Composite lost 1.12%, closing at 5,088.63.

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Commodities shipper Trans Coastal Supply Co files for bankruptcy

2015-07-24 06:10:25| Agriculture - Topix.net

Commodities shipper Trans Coastal Supply Company Inc filed for Chapter 11 bankruptcy on Thursday citing more than $28 million in unsecured debt, according to a court filing. Its trade debt included over $12.1 million to CHS Inc , the largest U.S. farmer-owned cooperative, and $3 million to grain handler and ethanol maker The Andersons Inc , according to the filing seen by Reuters.

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Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines

2015-07-21 18:12:10| Railroads - Topix.net

Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments. Revenue growth is expected to be 2% to 3% in 2015, down from a January forecast of 7% to 8% growth, Canadian Pacific announced in a statement.

Tags: pacific canadian outlook cargo

 

U.S. Index Futures Little Changed as Commodities Offset IBM Fall

2015-07-21 16:08:27| Industrial Machines - Topix.net

U.S. stock-index futures were little changed, with the Standard & Poor's 500 Index near a record, as a decline in IBM Corp. offset a rebound in commodity producers. International Business Machines Corp. dropped 5.6 percent after sales fell for a 13th quarter.

Tags: index fall changed ibm

 

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