SuperValu Cruises past Analyst Expectations, Still Sinks

SuperValu (SVU) reported adjusted EPS of $0.46, beating the consensus by $0.10. Total sales from continuing operations stood at $3.8 billion—35% higher YoY.

Kinder Morgan’s 3Q17 Results Met Analysts' Expectations

Kinder Morgan reported its 3Q17 results on October 18, 2017. It reported an adjusted EPS of $0.15, which was in-line with analysts’ consensus estimates.

Pre-Market Report: Global Markets Are Stable on October 20

On October 20, the Shanghai Composite Index closed at 3,378.65 after rising 0.25%. The SPDR S&P China ETF (GXC) fell 1.7% on October 19, 2017.

Highs and Lows: Wall Street's Performance on October 19

After rising for five consecutive trading weeks, the S&P 500 started this week on a stronger note. It rose in the first three trading days of the week.


Good News! Base Metals Started the Week on a Positive Note

Base metals in the LME rose on January 18, 2016. They started the week on a positive note. On January 18, the NYSE was closed for Martin Luther King Day.

Mother Nature's Reach: Weather Influences Grain Prices

Corn futures on the CBOT, for March delivery, settled at $3.63 per bushel on January 15, 2016. Corn prices rose due to negative production sentiments from Brazil.

All Your Base Metals Fell Again Last Week

Base metals drifted to lower price levels in the week ended January 16, 2016. Copper, aluminum, and nickel all declined for the second straight week.

Several Base Metal Miners Drift to Multiyear Lows

On January 15, all base metals in LME fell to lower price levels. Glencore (GLNCY), Alcoa (AA), BHP Billiton (BHP), and Rio Tinto (RIO) fell 6.3%, 4.7%, 6.9%, and 6.3%, respectively.

USDA’s Weekly Exports Influence Grain Prices

Corn prices received mixed sentiments from the rise in weekly export sales and higher production projections due to export competition from South America.

Base Metals Recovered, Base Metal Miners Continued to Fall

After a string of losing days, base metals recovered on January 13, 2016. Except for tin, all of the base metals rose on January 13 in the LME.

Crucial Marketing Year 2015–2016 Projection Drives Grain Prices

Corn futures on the CBOT (Chicago Board of Trade), for March delivery, rose slightly by 0.35% and settled at $3.58 per bushel on January 13, 2016.

Lower-than-Expected Yields Support Grain Prices

Corn prices rose following the lower-than-projected yield from the USDA’s WASDE (World Agricultural Supply and Demand Estimates) report.

LME Base Metal Inventory Fell, Zinc and Nickel at Multiyear Lows

On January 12, 2016, all base metals—except for lead—in the London Metal Exchange (or LME) fell to lower price levels. Tin was the biggest loser on Tuesday.

Weather is King when It Comes to Grain Prices

Corn futures on the Chicago Board of Trade (or CBOT) for March expiration fell by 1.5% and settled at $3.57 per bushel on January 11, 2016.

Base Metals Start the Week Off Poorly on January 11

On Monday, January 11, all base metals on the LME (London Metals Exchange) declined, closing the day at low price levels.

Slowing Chinese PMI Could Influence Key US Grains Exports

China’s December 2015 manufacturing PMI (purchasing managers’ index) was 48.2. A PMI below 50 indicates a slowing rate of economic activities.

Performance of Base Metals on January 8, 2016

On January 8, 2016, all base metals with the exception of copper and lead on the London Metals Exchange gained. The SPDR S&P Metals & Mining ETF (XME) declined 2.7% on January 8.

Base Metals Fell Last Week: FCX, AA, GLNCY, BHP, and More

In the week ended on January 9, all base metals on the London Metal Exchange (LME) declined. The LME 3M Lead was the biggest loser of base metals last week with a loss of 9.6%.

A Look at the Performance of Specialized REITs

With the growing economy and global investment horizons, investments have shifted beyond the traditional options to specialized REITs.

Corn and Wheat Tumble on Weak Exports: Soybean Prices Rise

Corn futures on the Chicago Board of Trade (or CBOT) for March delivery decreased by a quarter of a cent and settled at $3.53 per bushel on January 7, 2016.

Copper, Zinc, Nickel, and Lead Continue to Fall to Lower Price Levels

On Thursday, January 7, 2016, major base metals continued to fall to lower price levels. Except for aluminum, all of the other base metals fell in the LME.

Weather Conditions and Higher Export Cues Support Grain Prices

Corn futures on the Chicago Board of Trade, for March delivery, settled at $3.5 per bushel on January 6. Corn’s price rose due to higher demand anticipation.

Base Metals and Miners Fall after Short-Lived Rebound

All base metals except aluminum and nickel fell in yesterday’s trade on the London Metal Exchange (LME). LME 3M (three-month) copper fell 0.53% yesterday to close at $4,620 per metric ton.

Weather, Short Covering Rally Supported Grains on January 5

Corn futures on the Chicago Board of Trade for March expiry rose by 0.43% and settled at $3.53 per bushel on January 5, 2016. Corn prices advanced due to low export indications from Brazil.


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