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News

News

Mon, Dec 5th, 2016
Mexico awards first deep-water oil agreement

MEXICO CITY (AP) — Mexico's state-owned oil company Pemex said Monday that it has awarded its first contract with a private firm for a joint operating agreement in deep-water oil drilling.

Live on TV: Moment of reckoning for S. Korean business elite

SEOUL, South Korea (AP) — It's a rare moment of public reckoning for South Korea's most powerful business leaders, courtesy of the country's biggest political scandal in years.

Stone Energy Corporation Announces Amethyst Operational Update

LAFAYETTE, La. , Dec. 5, 2016 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone") today announced an operational update on its Amethyst well.

Agnico Eagle announces investment in G4G Capital Corp. (proposed to be renamed White Gold Corp.)

( All amounts expressed in Canadian dollars unless otherwise noted)

Rolling Stone challenges verdict in UVa defamation case

RICHMOND, Va. (AP) — Rolling Stone magazine urged a federal judge on Monday to overturn the verdict of a jury, which found that the publication and a reporter defamed a University of Virginia administrator...

Starwood Property Trust Announces Pricing of Common Stock Offering

GREENWICH, Conn. , Dec. 5, 2016 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced the pricing of an underwritten public offering of 17,800,000 shares of...

New Phase 2 Data Show Nearly Half of Patients with Relapsed/Refractory Marginal Zone Lymphoma (MZL) Respond to Treatment with Ibrutinib (IMBRUVICA®)

NORTH CHICAGO, Ill. , Dec. 5, 2016 /PRNewswire/ -- AbbVie (NYSE: ABBV), a global biopharmaceutical company, today announced efficacy and safety findings from a Phase 2 study demonstrating that nearly half...

Infortrend's EonStor GS Wins "Disk/Hybrid Product of the Year" at Storage Magazine's Storage Awards

Cornerstone Pharmaceuticals, Inc. Presents Phase I Data on CPI-613 in Acute Myeloid Leukemia (AML) and T-Cell Non-Hodgkin's Lymphoma (T-cell NHL) at ASH 2016

CRANBURY, N.J. , Dec. 5, 2016 /PRNewswire/ -- Cornerstone Pharmaceuticals, Inc., a privately held, clinical-stage, oncology-focused pharmaceutical company, today presented data from two Phase I...

In bid to fight art fraud, Sotheby's acquires forensic lab

NEW YORK (AP) — In bid to fight art fraud, Sotheby's announced Monday that it had purchased a forensics firm whose founder once helped the auction house belatedly identify a $10 million painting as a...

Correction: Oil Pipeline-Protest-The Latest story

CANNON BALL, N.D. (AP) — In a story Dec. 4 about developments in the dispute over the Dakota Access oil pipeline, The Associated Press reported erroneously in several separate items that the U.S. Army...

Former Fed official Edward W. 'Mike' Kelley Jr. dies at 84

WASHINGTON (AP) — Edward W. "Mike" Kelley Jr., who served 14 years as a member of the Federal Reserve Board and was instrumental in modernizing the banking operations of the Federal Reserve system, has...

Correction: Oil Pipeline-Protest story

CANNON BALL, N.D. (AP) — In a story Dec. 4 about an easement for the Dakota Access oil pipeline, The Associated Press reported erroneously that the U.S. Army Corps of Engineers said it would not grant...

Zimmer Biomet Announces the Early Tender Results and Upsizing of Its Cash Tender Offers for Certain Outstanding Debt Securities

WARSAW, Ind. , Dec. 5, 2016 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) (the "Company") today announced that, pursuant to its previously‑announced cash tender offers (the "Offers")...

No experience needed: Trump taps Carson for HUD secretary

NEW YORK (AP) — Donald Trump chose retired neurosurgeon Ben Carson on Monday to be secretary of the Department of Housing and Urban Development, raising fresh concerns about the lack of experience some...

New Mexico economists slash revenue expectations

SANTA FE, N.M. (AP) — New Mexico expects to collect far less revenue this budget year and next than previously forecast as employment, wages and economic growth lag, a group of state economists said...

Mexico minimum wage rises to 80 pesos, falls in dollar terms

MEXICO CITY (AP) — Mexico has increased its minimum wage to just over 80 pesos a day, though its dollar value is down due to the peso's devaluation.

2 doors of Wal-Mart founder's first store donated to museums

BENTONVILLE, Ark. (AP) — Two doors from the first store owned by Wal-Mart founder Sam Walton have been donated to the Smithsonian's National Museum of American History in Washington and The Walmart Museum...

The Latest: Trump, family members dining at 21 Club

WASHINGTON (AP) — The Latest on President-elect Donald Trump (all times EST):

United Airlines mechanics approve contract

CHICAGO (AP) — Mechanics at United Airlines have approved a six-year labor deal, the latest in a string of pay-raising contracts in the now profitable industry.

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps ( ESZ16 +0.34%) are up +0.46% and European stocks are up +1.28% at a 3-week high as the markets recovered from a brief sell-off after Italian voters voted 'No" to Prime Minster Renzi's constitutional... Read More

Chart of the Day

Exterran (EXTN) is the Barchart Chart of the Day.  The oil field machinery company has a Trend Spotter buy signal, a Weighted Alpha of 79.43% and gained 33.19% in he last year.
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Brugler Ag Report

Today's Commentary

Corn futures jumped 10 ¾ to 12 cents per bushel today. There was some risk on buying in several commodities, aided by a weaker US dollar. The US Dollar Index was down 710 points in the futures market with a bearish engulfing line. Weekly USD...
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Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.

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