Wells Fargo announced plans to raise its dividend by 11% to $0.50 per share from $0.45 after the Federal Reserve’s stress test showed its CET1 ratio remaining well above requirements.
Lean hog futures were up 17 to 42 cents at the Tuesday close. USDA’s national base hog price was reported at $100.22 on Tuesday afternoon, up $1.33 from the day prior. The CME Lean Hog Index was 51 cents...
Live cattle futures rounded out the Tuesday Session with mixed trade, a contracts were up 15 cents to 10 cents lower. Cash trade has yet to get kicked of this week with Monday compiling showlists. Last...
Cotton futures rallied on Tuesday, with contracts 145 to 159 points higher at the close. Crude oil was up another $1.76 per barrel, with the US dollar index up 0.254. Monday afternoon’s Crop Progress...
The wheat complex shrugged off early weakness on Tuesday, with contracts higher across the three markets. Chicago SRW contracts were 4 to 5 cents in the green. KC HRW futures were up 9 to 10 ½ cents in...
Soybeans posted Turnaround Tuesday losses of 3 to 6 1/2 cents on the session pulling off early lows. The cmdtyView national average Cash Bean price was down a nickel at $11.84. Soymeal futures were $2.80...
Corn futures found strength late in the session, with contracts up 2 to 3 ¼ cents across the front months. The CmdtyView national average Cash Corn price was up 3 ¼ cents at $4.21. The weekly Crop Progress...
CarMax stock extends gains as Barclays lifts rating to Equal Weight. But caution is warranted in playing KMX shares at current levels.
GameStop raised its stake in eBay to nearly 10% (about 43.4 million shares) after eBay’s board rejected its roughly $55.5 billion takeover offer of $125 per share as “neither credible nor attractive.”...
Micron shares rallied today as BofA adds the memory chips specialist to its highest conviction buy calls. Here’s why MU stock is attractive to own at current levels.