Articles in Commodities

MT Newswires

TSX Stronger at Midday, Up More Than 1% at Day High; Industrials, Resources Best Performers

The TSX continues its multi day winning streak on Tuesday, nearly doubling its morning gains to 179 points or 1.25% at midday, to settle at an intraday high of 14,516.60. The benchmark index is in... Read >>

MT Newswires

Stocks Extend Gains As Positive Earnings, ECB Accommodation Prospects Fuel More Bargain-Hunting

Wall Street continues to recoup losses from last week's sell off, with equities grinding higher in response to upbeat earnings, strong housing market data and hopes for further monetary... Read >>

MT Newswires

Tesco Must Spend 3 Bln Pounds to Relaunch Business, HSBC Securities Says

Embattled U.K. supermarket chain Tesco Plc (TSCO.L) must spend more than 3 billion pounds to relaunch its business, HSBC Securities analyst Dave McCarthy said in a note on Tuesday. Tesco will need... Read >>

Market Intelligence Center

Stick some money where the sun does shine

How hard can it be to produce solar energy?  Plants do it every day for free.  In one hour, the earth absorbs enough solar energy to run every household in America for a year. That's a lot... Read >>

BNK Invest

Empresa Nacional de Electricidad Breaks Above 200-Day Moving Average - Bullish for EOC

In trading on Tuesday, shares of Empresa Nacional de Electricidad S.A. (Symbol EOC) crossed above their 200 day moving average of $43.81, changing hands as high as $43.82 per share. Empresa... Read >>

MT Newswires

HSBC Holdings to Pay About 2 Bln Pounds to Separate Securities, Consumer Units

HSBC Holdings Plc (HSBA.L) will probably pay as much as 2 billion pounds to ring fence its securities unit from its consumer business, Chairman Douglas Flint said in London on Tuesday, Bloomberg... Read >>

MT Newswires

Swiss Re Rises in Zurich After Announcing Aurora Sale to Reinsurance Group of America

Swiss Re Ltd. ( SREN ) rose almost 1% in Zurich after announcing it reached a deal to sell Aurora National Life Assurance Co. to Reinsurance Group of America Inc. ( RGA ). The Zurich based company... Read >>

MT Newswires

Asia ADRs Edge Higher Helped By US, Europe Gains Despite Weakest China Data in 5 Years

Depository receipts of Asian stocks were up 0.17% to 143.51 in U.S. trading on Tuesday, according to the BNY Mellon's Asia ADR Index. China reported that its Q3 gross domestic product grew 7.3%,... Read >>

MT Newswires

Market Chatter: Siemens Rises on Reported Talks of US$2 Bln Sale of Hearing-Aid Unit

Siemens AG (SIE.DE) advanced almost 2.5% in Frankfurt as Bloomberg reported that Europe's biggest engineering company is in advanced negotiations to sell its hearing aid business for 2 billion... Read >>

Benzinga

Markets Surge; McDonald's Posts Lower Sales

Following the market opening Tuesday, the Dow traded up 0.46 percent to 16,474.87 while the NASDAQ surged 1.33 percent to 4,373.45. The S&P also rose, gaining 1.05 percent to 1,924.06. ... Read >>