Platts: Spot LNG Prices for May Delivery Dropped 11.8% on Low Demand
PR Newswire - Thu Apr 17, 2:42AM CDT
Prices of liquefied natural gas (LNG) for May delivery to Asia fell 11.8% to an average $15.559 per million British thermal units (/MMBtu) as the market continued to cool off ahead of the summer peak demand season, according to the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery. The data reflects the daily Platts JKM for May assessed between March 17 and April 15, expressed as a monthly average.
CUSIP ID Requests Project Steady Uptick in Global Capital Markets Activity
PR Newswire - Wed Apr 16, 11:21AM CDT
CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for March 2014. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, suggests an uptick in new securities issuance as we make our way through the first quarter of 2014.
S&P Capital IQ Initiates Coverage on White Energy Co Ltd. in S&P Capital IQ Factual Stock Reports
PR Newswire - Wed Apr 16, 9:22AM CDT
S&P Capital IQ announced today that it has commenced Standard & Poor's Factual Stock Report coverage on White Energy.
Repligen Corporation Set to Join the S&P SmallCap 600
PR Newswire - Tue Apr 15, 4:53PM CDT
Repligen Corporation (NASD:RGEN) will replace Hi-Tech Pharmacal Co., Inc. (NASD:HITK) in the S&P SmallCap 600 after the close of trading on Thursday, April 17. S&P SmallCap 600 constituent Akorn Inc. (NASD:AKRX) is acquiring Hi-Tech Pharmacal Co. in a deal expected to be completed soon.
Oil falls ahead of Ukraine meeting, US supply data
By PABLO GORONDI - AP - Tue Apr 15, 2:12PM CDT
The price of oil fell Tuesday ahead of talks aimed at defusing tensions over Ukraine and the latest report on U.S. oil supplies.
Diversified Financial Services Stocks Review -- Research on McGraw Hill Financial, NASDAQ OMX, IntercontinentalExchange, and Voya Financial
PR Newswire - Tue Apr 15, 9:35AM CDT
The trading session on Monday, April 14, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,173.24, up 0.91% and the NASDAQ Composite closed at 4,022.69, up 0.57%. The S&P 500 finished the session 0.82% higher at 1,830.61. The gains were broad based as all the ten sectors finished on a positive note. The S&P 500 Financials Sector Index finished the day at 289.10, up 0.79%, while the same has declined 1.43% in the last one month. Investor-Edge has initiated coverage on the following equities: McGraw Hill Financial Inc. (NYSE: MHFI), The NASDAQ OMX Group Inc. (NASDAQ: NDAQ), IntercontinentalExchange Group Inc. (NYSE: ICE) and Voya Financial Inc. (NYSE: VOYA). Free technical research on MHFI, NDAQ, ICE and VOYA can be downloaded upon signing up at:
National Credit Default Rates Decreased in March 2014 According to the S&P/Experian Consumer Credit Default Indices
PR Newswire - Tue Apr 15, 8:39AM CDT
Data through March 2014, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed decline in national default rates during the month. In March, all five national indices showed a drop-off for the second consecutive month. The national composite recorded its lowest post-recession rate; it posted 1.20% in March, the lowest rate since July 2006. The first mortgage default rate was 1.13% in March, its lowest level since September 2006. The second mortgage posted 0.60% in March, down from 0.69% in February. Both the auto loan and bank card recorded new historic lows in March 2014; the auto loan default rate was 0.99% and the bank card rate was 2.73%.
Oil falls to near $103 ahead of Ukraine meeting
By PABLO GORONDI - AP - Tue Apr 15, 7:21AM CDT
The price of oil fell to near $103 a barrel Tuesday ahead of talks aimed at defusing tensions between the West and Russia over Ukraine.
Umpqua Holdings Set to Join S&P MidCap 400; Scientific Games to Join S&P SmallCap 600
PR Newswire - Mon Apr 14, 5:45PM CDT
S&P SmallCap 600 constituent Umpqua Holdings Corp. (NASD:UMPQ) will replace Scientific Games Corp. (NASD:SGMS) in the S&P MidCap 400, and Scientific Games will replace Umpqua Holdings in the S&P SmallCap 600 after the close of trading on Thursday, April 17. Umpqua Holdings is acquiring Sterling Financial Corp (NASD:STSA) in a deal expected to be completed on April 18, pending final conditions. Umpqua Holdings will have a post-merger market capitalization that is more representative of the mid-cap market space. Scientific Game's current market capitalization is more representative of the small-cap market space.
USIBC Welcomes Reserve Bank of India Governor Raghuram Rajan
Business Wire - Mon Apr 14, 9:35AM CDT
The U.S.-India Business Council (USIBC) today hosted the Governor of the Reserve Bank of India (RBI), Dr. Raghuram Rajan, for a private meeting of top executives from global financial services companies and institutional investors. The industry representatives, including several CEOs, heard from the Governor the challenges RBI faces in taming inflation while promoting the growth necessary to keep the engine of India's economy thriving, all in the midst of factors beyond the respected institution's control. USIBC reaffirmed U.S. companies' commitment to India's growth and focused on reviving investor sentiment and cross-border collaboration in the first year post-elections.
Apogee's Prospects Look Bright in 2015 & 2016 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 4:25PM CDT
Apogee's CEO, based on its strong fiscal 2014 results projected a strong 2015 and stated that 2016 targets will be achieved.
Platts Survey: OPEC Pumps 29.56 Million Barrels of Crude Oil Per Day in March
PR Newswire - Thu Apr 10, 1:13PM CDT
Platts - Oil production from the Organization of the Petroleum Exporting Countries (OPEC) plunged 550,000 b/d from February to 29.56 million b/d in March -- its lowest level since mid-2011 -- according to the latest Platts survey of OPEC and oil industry officials and analysts. The decline followed February production of 30.11 million b/d and was mainly attributable to insurgent attacks which shut a key export pipeline in Iraq, and a renewed downward swing in Libyan production.
S&P Capital IQ and NJIT to Announce Winners of Big Data Visualization Contest on April 11
PRWeb - Wed Apr 09, 3:41PM CDT
S&P Capital IQ, a business unit of McGraw Hill Financial, Inc., and New Jersey Institute of Technology (NJIT) are co-sponsoring the first annual Big Data Visualization Contest -- a competition that immerses undergraduates in the high-stakes world of mergers and acquisitions (M&A) by challenging them to pitch hypothetical acquisition targets using cutting-edge research, analytics, and data visualization tools available on S&P Capital IQ's desktop platform. The winning team will be selected on April 11 at an event at NJIT where judges will evaluate all presentations. All participating students will be evaluated for the opportunity to become an S&P Capital IQ intern.
Oil rises above $103 a barrel on Ukraine unrest
By The Associated Press - AP - Wed Apr 09, 2:35PM CDT
The price of oil rose to a five-week high Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. crude oil supplies.
First Quarter 2014 Sees Record Number of Dividend Increases
PR Newswire - Wed Apr 09, 8:30AM CDT
S&P Dow Jones Indices announced today that dividend net increases (increases less decreases) rose $17.8 billion during the first quarter of 2014 for U.S. domestic common stock compared to a $14.5 billion increase in the first quarter of 2013 - equating to a 22.9% quarter over quarter increase. 1,078 dividend increases were reported during the quarter, displacing the prior first quarter record of 1,069 set in 1979. Q1 2014 is 14.2% higher than the 944 increases in Q1 2013.
Oil rises to near $103 a barrel on Ukraine unrest
By PABLO GORONDI - AP - Wed Apr 09, 7:38AM CDT
The price of oil edged up closer to $103 a barrel Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. crude stockpiles.
Platts and Commercial Partner MVS Expand Iron Ore Value Analytics Platform
PR Newswire - Wed Apr 09, 2:00AM CDT
Platts, with its commercial partner Minerals Value Service GmbH, today announced several enhancements to the Minerals Value Service (MVS) online analytics platform, which allows traders and miners of iron ore to calculate and compare grade-specific values of the commodity under varying buying and selling scenarios.
Oil up above $101 on renewed unrest in Ukraine
By PABLO GORONDI - AP - Tue Apr 08, 8:03AM CDT
The price of oil climbed above $101 a barrel Tuesday, supported by renewed unrest in eastern Ukraine and as traders awaited weekly data on U.S. crude stockpiles.
Platts: European Power Prices Fell 8.4% in March as German Solar Ramped Up
PR Newswire - Tue Apr 08, 5:58AM CDT
Day-ahead electricity prices in continental Europe recorded a fifth consecutive monthly decline in March as surging German solar and wind output helped chase prices lower in neighboring countries, according to data just released by Platts, a leading global energy, petrochemicals and metals information provider.
Dodge Momentum Index Slipped Again in March
PR Newswire - Mon Apr 07, 3:21PM CDT
The Dodge Momentum Index retreated 0.8% in March compared to February, 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. The March Momentum Index came in at 113.8 (2000=100), down from a revised 114.8 in February and 118.3 in January. While the longer term trend is still viewed as positive, the Momentum Index appears to be experiencing a temporary pause. Uncertainty, perhaps related to the weak employment growth at the start of the year, is the likely contributor to this short-term unease.