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Oil drops to $98 on China economy, US supplies
By PABLO GORONDI - AP - Wed Mar 12, 4:35PM CDT
The price of oil dropped to $98 a barrel Wednesday as the possibility of a deeper economic slowdown in China fed expectations of weaker demand and a report showed a rise in U.S. oil supplies.
Soybeans keep sliding on concerns over China
By The Associated Press - AP - Wed Mar 12, 3:44PM CDT
Concerns over an economic slowdown in China continue to pummel prices for soybeans.
S&P Capital IQ Voted Best M&A Product of the Year
PR Newswire - Wed Mar 12, 12:32PM CDT
M&A Advisor, a professional organization honoring achieve-ment and thought leadership among the world's leading financial deal makers, announced that this year's award for M&A Product and Service will be given to S&P Capital IQ for its valued market data, research and reporting services. The award will be handed out among other in-dustry categories at M&A Advisor's annual International Financial Forum in New York on April 8.
Oil drops to near $98 on China slowdown jitters
By PABLO GORONDI - AP - Wed Mar 12, 9:05AM CDT
The price of oil dropped to near $98 a barrel Wednesday as the possibility of a deeper economic slowdown in China fed expectations of weaker demand and a report showed a rise in U.S. crude stockpiles.
Ex-Single Capped Component Version of S&P GSCI Single Commodities Family Launched by S&P Dow Jones Indices
PR Newswire - Wed Mar 12, 8:30AM CDT
S&P Dow Jones Indices announced today the launch of S&P GSCI Ex-Single Capped Component, a family of indices based on the S&P GSCI® Single Commodities that apply Capped Component rules.
S&P Dow Jones Indices Announces Changes in Treatment of Multiple Share Classes in U.S. Indices and Revises Previously Announced Treatment of Google Stock Split
PR Newswire - Tue Mar 11, 5:17PM CDT
S&P Dow Jones Indices announces revised treatment of Google Inc. (NASD:GOOG) Class A and Class C in the S&P 500 and S&P 100 and related changes to methodology for the S&P 100, S&P 500, S&P MidCap 400, S&P Small Cap 600 and S&P TMI/CI indices:
Oil falls near $100 as crude supplies seen rising
By PABLO GORONDI - AP - Tue Mar 11, 4:59PM CDT
The price of oil dropped near $100 a barrel Tuesday on expectations that U.S. oil supplies rose last week.
Dodge Momentum Index Slipped in February
PR Newswire - Tue Mar 11, 3:53PM CDT
The Dodge Momentum Index slipped 2.6% in February compared to the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. February's decline brought the Momentum Index to 116.5 (2000=100), down from January's revised 119.7 but still nearly 20% above the year-earlier (February 2012) reading of 97.4. The latest month's retreat is expected to be a brief pause in a broader upward trend. Weak employment growth in December and January raised concern that the U.S. economic expansion was losing momentum, dampening the planning environment for commercial and institutional buildings. The moderate improvement in the February jobs report should help alleviate some of that concern going forward.
Stock Updates - New High: Marsh & McLennan, McGraw Hill Financial, BGC Partners, and Sensata Technologies Holding
PR Newswire - Tue Mar 11, 9:43AM CDT
On Monday, March 10, 2014, the NASDAQ Composite finished at 4,334.45, down 0.04%. The Dow Jones Industrial Average closed the session at 16,418.68, down 0.21%, and the S&P 500 ended the day at 1,877.17, lower by 0.05%. The losses were broad based with 6 out of 10 sectors edging lower. Investor-Edge.com looks at some of the equities that hit a new 52-week high during the session. These include Marsh & McLennan Companies Inc. (NYSE:MMC), McGraw Hill Financial Inc. (NYSE:MHFI), BGC Partners Inc. (NASDAQ: BGC), and Sensata Technologies Holding N.V. (NYSE:ST). Free research on these four companies can be accessed at:
McGraw Hill Financial to Present at the Piper Jaffray Technology, Media & Telecommunications Conference on March 12
PR Newswire - Tue Mar 11, 9:00AM CDT
Jack Callahan, Executive Vice President and Chief Financial Officer of McGraw Hill Financial (NYSE: MHFI), will present at the Piper Jaffray Technology, Media & Telecommunications Conference on March 12 in New York. Mr. Callahan is scheduled to speak from 10:00 a.m. to 10:30 a.m. Eastern Daylight Time. The "fireside chat" will be webcast (audio only) and may include forward-looking information.
Constellation Brands Hits 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 9:00AM CDT
Shares of Constellation Brands reached a new 52-week high of $84.33 yesterday and closed the trading session at $83.95.
Oil falls below $101 as crude stocks seen rising
By PABLO GORONDI - AP - Tue Mar 11, 8:43AM CDT
The price of oil dropped below $101 a barrel Tuesday on expectations U.S. crude stocks rose last week.
Global Petrochemical Prices Fell 3% in February as Naphtha Costs Slipped: Platts
PR Newswire - Mon Mar 10, 12:26PM CDT
Prices in the $3-trillion-plus global petrochemicals market fell in February to $1,387 per metric ton (/mt), down 3% from January, according to the just-released monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a leading global energy, petrochemicals and metals information provider and a top source of benchmark price references.
Platts China Steel Sentiment Index Indicates Stronger Sector in March
PR Newswire - Mon Mar 10, 7:00AM CDT
The health of China's steel sector is expected to improve in March, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 74.05 out of a possible 100, up 17.19 points from the February level of 56.86. The Platts CSSI reflects the responses of steel makers, traders and exporters at the end of each month to questions about new orders for the month ahead and the proprietary survey contains additional sentiment readings on demand, inventories and prices.
S&P Capital IQ and New Legacy Group Host Global Emerging Manager Awards recognizing Hedge Fund Leadership and Philanthropy
PR Newswire - Mon Mar 10, 7:00AM CDT
At an awards dinner in New York City on March 3, 2014, S&P Capital IQ and New Legacy Group presented the second annual Global Emerging Manager Awards (GEMA), honoring emerging managers who have distinguished themselves among their peers. The ceremony was attended by managers and capital allocators from around the world.
McGraw Hill Financial to Present at the Credit Suisse 16th Annual Global Services Conference on March 10
PR Newswire - Fri Mar 07, 2:31PM CST
Chip Merritt, Vice President, Investor Relations for McGraw Hill Financial (NYSE: MHFI), will present at the Credit Suisse 16th Annual Global Services Conference on March 10 in Arizona. Mr. Merritt is scheduled to speak from 10:00 a.m. to 10:30 a.m. Mountain Standard Time (1:00 p.m. to 1:30 p.m. Eastern Daylight Time). The presentation will be webcast and may include forward-looking information.
Platts Survey: OPEC Pumps 30.11 Million Barrels of Crude Oil Per Day in February
PR Newswire - Fri Mar 07, 1:00PM CST
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 240,000 barrels per day (b/d) to 30.11 million b/d in February from 29.87 million b/d in January following a surge in Iraqi exports and despite new setbacks in Libya, a just-released Platts survey of OPEC and oil industry officials and analysts showed.
U.S. Natural Gas Output Rose 1.0% in February: Platts' Bentek Energy
PR Newswire - Thu Mar 06, 3:32PM CST
U.S. domestic natural gas production in the lower 48 states averaged 65.8 billion cubic feet per day (Bcf/day) in February 2014, according to the latest estimates from Bentek Energy, the oil and natural gas analytic unit of Platts. This is an increase of 0.6 Bcf/d or 1.0% from January. Comparing February this year to February of 2013 shows an increase of 2.2%, or 1.4 Bcf/d of incremental gas supplies to the market. .
Performance Updates, Earnings Releases, Stock Price Movements, and Open Offers - Analyst Notes on Priceline, RR Donnelley, Altisource, McGraw Hill Financial, and Moody's
PR Newswire - Thu Mar 06, 10:19AM CST
Editor Note: For more information about this release, please scroll to bottom.
Platts: February European Power Prices Fell 5% on Mild, Windy Weather
PR Newswire - Thu Mar 06, 5:21AM CST
Day-ahead electricity prices in continental Europe continued their decline in February as mild weather tempered coal and natural gas usage and renewable energy generation escalated, according to data just released by Platts, a leading global energy, petrochemicals and metals information provider.