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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: commodities

commodities stories: 51 news summaries

41 - 51 of 51 Stories | << Prev 1 2 3

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MARKETS

Financials, $108 Oil Sink Stocks

Crude shatters record price; recession fears prevail

Mar 10, 08 3:49 PM CDT
(Newser) - US stocks fell today for a third consecutive day as fears of recession continued to spread, MarketWatch reports. With Ambac’s revival uncertain and Countrywide facing a possible securities fraud probe, shares of both financial giants plummeted, pressuring the overall market downward. The Dow lost 153.54 to close at... More »

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oil • Dow Jones • Bear Stearns • Nasdaq • Countrywide Financial • oil price • commodities • Ambac Financial • S&P 500

MARKETS

Oil Up, Dollar Down, Stocks Stall

Situation could be much worse, some experts say

Mar 3, 08 3:55 PM CST
(Newser) - Rising commodities prices partially offset bad news about manufacturing activity, the plunging dollar, and record crude oil prices to create a plateau on Wall Street today. The Dow ended down 7.49 at 12,258.90, the Nasdaq down 12.88 at 2,258.60, and the S&P 500... More »

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oil • crude oil • commodities

Oil Flirts With Record-High $104

Passes inflation-adjusted all-time peak

Mar 3, 08 11:45 AM CST
(Newser) - As oil soared to nearly $104 a barrel today, it set an all-time, inflation-adjusted record, surpassing even the height of the oil crises of the '70s and '80s, the New York Times reports. Futures touched $103.95 on the New York Mercantile Exchange, beating out the April 1980 record... More »

MORE ABOUT:
inflation • oil • futures market • oil price • New York Mercantile Exchange • commodities • oil supply • $100 a barrel oil • oil crisis

MARKETS

Tanking Dow Drops 315 Points

Huge AIG, Dell losses spark sell-off

Feb 29, 08 3:15 PM CST
(Newser) - The Dow lost an incredible 315.79 points today to close at 12,266.39 as AIG reported the biggest losses in its history and bellwether Dell reported a year-over-year fourth-quarter profit decline of 6%. The Nasdaq slipped 60.09 to 2,271.48, and the S&P 500 lost... More »

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Dell • Dow Jones • Nasdaq • consumer spending • AIG • The Gap • gold • commodities • S&P 500 • Ambac

Commodities Markets in
Merger Talks

Chicago Mercantile Exchange targets New York counterpart in $11B bid

Jan 29, 08 8:12 AM CST
(Newser) - Owners of the Chicago and New York commodities exchanges are in preliminary talks that could end in an $11 billion merger of the two largest commodities markets in the US, reports the New York Times. NYMEX Holdings shareholders would receive $36 and 0.1323 of a share of CME's common... More »

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merger • Chicago Board of Trade • Chicago Mercantile Exchange • New York Mercantile Exchange • commodities • CME Group • NYMEX Holdings • commodities exchange

Monkeys Swap Grooming for Sex

Male macaques groom for longer when fewer females are around

Jan 5, 08 9:12 PM CST
(Newser) - What price for a little lovin'? Male macaque monkeys pay for sex by grooming females, but only as much as necessary: They groom for longer when fewer females are around, and for less time when there are more, according to a new study. "In primate societies, grooming is the... More »

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sex • monkey • commodities • macaque • biological markets • grooming • mating rituals

MARKETS

Market Plummets to Start Year

Weak manufacturing, surging oil prices sink stocks

Jan 2, 08 3:28 PM CST
(Newser) - The Dow fell 214.11 to 13,050.71 today, giving 2008 its first record: biggest point drop to start a year. Climbing commodity prices and poor manufacturing readings led the sharp 1.7% decline, and spiking crude oil futures sealed the bearish day. One strategist fretted over the Institute... More »

MORE ABOUT:
Federal Reserve • Dow Jones • Nasdaq • manufacturing • commodities • stagflation • S&P 500

Global Food Prices Soar

Wheat and rice futures reach new highs; costs sure to be passed on
to consumers

Dec 17, 07 4:44 PM CST
(Newser) - Expect another surge in the cost of breakfast cereal: The benchmark price for wheat rose above $10 a bushel for the first time today, further fueling the inflation in global food costs that kicked in last summer. Benchmark prices for rice futures also hit a new high, and corn and... More »

MORE ABOUT:
inflation • Chicago Board of Trade • food prices • commodities

Oil Tops $99 as Dollar Sinks

 Weak greenback and strong demand could send crude over
$100 a barrel today

Nov 21, 07 4:05 AM CST
(Newser) - The price of oil hit a record high mere pennies from $100 a barrel and the dollar sunk to a new low in early trading today. Oil hit $99.29 but slipped back to $98.64. With cold weather hitting the US, and OPEC supplies limited, some analysts think oil... More »

MORE ABOUT:
oil • OPEC • euro • oil price • crude oil • US dollar • commodities

At $832 an Ounce, All That Glitters Is Gold

Economic uncertainty drives price toward 1980 highs

Nov 12, 07 3:05 PM CST
(Newser) - Gold’s lure as a safe haven from economic upheaval has Wall Street worried that investors are turning their backs on the markets, reports the LA Times. Gold prices have pushed steadily toward $850 an ounce, a level it hasn’t seen since 1980. "The markets' statement is that... More »

MORE ABOUT:
global economy • investment • gold • commodities • gold prices

Deal Could Forge Mining Goliath

Sky-high demand
for minerals
driving mergers

Nov 9, 07 5:19 AM CST
(Newser) - The biggest mining company in the world is aiming to get even bigger. BHP Billiton's $142 billion bid for Rio Tinto has been turned down, but the firm is still keen to make a deal, reports the Wall Street Journal. The deal would be the second-largest in history, and the... More »

MORE ABOUT:
mining • Alcan • mergers and acquisitions • Rio Tinto • BHP Billiton Ltd. • commodities

41 - 51 of 51 Stories | << Prev 1 2 3


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