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Gold and Oil News - December 11, 2007 9:00
Chicago Board of Trade: Wheat, soybean, oat futures climb while corn trades flat
Chicago Board of Trade: Wheat, soybean, oat futures climb while corn trades flat CHICAGO – Agricultural futures jumped Monday on the Chicago Board of Trade. Wheat for March delivery jumped 22.5 cents to US$9.44 a bushel; March corn was flat at $4.1725 a bushel; March oats gained 3.25 cents to $2.835 a bushel; January soybeans […]
FTSE shrugs off UBS writedowns
FTSE shrugs off UBS writedowns The FTSE 100 rallied in spite of news from UBS of a further $10bn of write-downs linked to US subprime mortgages.Source: www.ft.com
McDonald’s same-store sales up 8.2 percent
McDonald’s same-store sales up 8.2 percent CHICAGO (Reuters) – McDonald’s Corp , the world’s largest fast-food company, said on Monday sales at restaurants open at least 13 months rose 8.2 percent in November, helped by double-digit increases in Europe and Asia. Source: feeds.reuters.com SocGen consolidates PACE SIV investment vehicle PARIS (Reuters) – Societe Generale , […]
Futures gain on financials, Fed optimism (Reuters)
Futures gain on financials, Fed optimism (Reuters) Reuters – Stock index futures rose on Monday as investors scoured for bargains among beaten down financial stocks after news of the latest large capital injection into a major bank by wealthy investors. Source: news.yahoo.com
Oil Prices Drop Below $88 a Barrel
BANGKOK, Thailand (AP) — Oil dropped below $88 a barrel in Asian trade Monday, extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from Read More…
FTSE shrugs off UBS writedowns
The FTSE 100 rallied in spite of news from UBS of a further $10bn of write-downs linked to US subprime mortgages. Read More…
SocGen consolidates PACE SIV investment vehicle
SocGen consolidates PACE SIV investment vehicle PARIS (Reuters) – Societe Generale , France’s second-biggest listed bank, said on Monday it would consolidate its PACE structured investment vehicle (SIV) due to tough market conditions and would refinance it. Source: feeds.reuters.com
Oil Prices Drop Below $88 a Barrel
Oil Prices Drop Below $88 a Barrel BANGKOK, Thailand (AP) — Oil dropped below $88 a barrel in Asian trade Monday, extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from Source: c.moreover.com China Direct […]
Banks push FTSE lower
Banks push FTSE lowerNews of writedowns at Lloyds TSB and UBS pushed banking stocks lower as concerns mounted about the impact of the credit squeezeSource: www.ft.com
Reuters and Intl Herald Tribune sign content deal
Reuters and Intl Herald Tribune sign content deal LONDON (Reuters) – News and financial information provider Reuters and the International Herald Tribune said on Monday they would launch a co-branded daily online and print business report for the newspaper from next month. Source: feeds.reuters.com SocGen consolidates PACE SIV investment vehicle PARIS (Reuters) – Societe Generale […]
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