Will S&P Hold 1100? Dollar Rise Brings Drop in Futures
Markets soared to highs not seen since the beginning of Q4 back in 2008 as hopes that continued historic low interest rates will depress the dollar, making the carry trade have a longer duration. The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Alcoa Aluminum Soars with Ares, Time Magazine's 2009 Invention of the Year (Business Wire)
NEW YORK----Alcoa aluminum plays a critical role in the future of NASAâ??s Ares rocket, named by Time magazine as the 2009 Invention of the Year.
Largest East Coast "Community-Owned" Wind Facility Dedicated in Maine; GE Wind Turbines to Power Maine's Island Communities (Business Wire)
VINALHAVEN, Maine----Harnessing Maineâ??s strong ocean winds, three wind turbines supplied by GE now are producing power for the residents of Vinalhaven and North Haven, two year-round communities that comprise the Fox Islands located in Penobscot Bay in mid-coast Maine.
Texas company told to stop soliciting in Colo. (AP)
A Colorado regulator has entered a cease-and-desist order against a Texas oil and gas company accused of offering unregistered securities in Colorado.
Oil wavers as stronger dollar stifles rally (AP)
Oil prices wavered on Tuesday as a rising dollar kept crude from moving higher, as fresh economic data gave mixed signals on whether demand for oil will increase.
Agriculture futures mostly lower on Chicago BOT (AP)
Agriculture futures were mostly lower Tuesday in early trading on the Chicago Board of Trade. Wheat for December delivery slipped 2.25 cents to $5.60 a bushel; December corn fell 3.75 cents to $3.985 a bushel; January soybeans dropped 5 cents to $10.05 a bushel; and oats for December delivery were unchanged at $2.64 a bushel.
Congressmen oppose making Fed super-regulator (Reuters)
Congress ought to clarify if a proposed super-regulator of the U.S. financial system should be an overlapping overseer of securities and futures exchanges, the chief futures regulator said on Tuesday.
World stocks modestly lower as dollar rallies (AP)
World stocks fell Tuesday as soft U.S. industrial production data and disappointing comments from retailers Target Corp. and Home Depot Inc. reined in some of the optimism that had sent many indexes to 13-month highs.
Research and Markets: Driven By the Recent Volatility in Oil Prices, Global Oil and Chemicals Storage Capacity Will Grow From 501,898 Thousand M3 In 2009 To 518,199 Thousand M3 In 2010 (Business Wire)
DUBLIN----Research and Markets has announced the addition of GlobalData 's new report "Global Oil and Chemicals Storage Industry to 2013: Investment Opportunities, Analysis and Forecasts of All Active and Planned Oil and Chemical Terminals" to their offering.
House Ag committee blasts Obama financial proposal (AP)
Faced with the prospect of losing key oversight powers, members of the House Agriculture Committee and regulators Tuesday blasted an Obama administration proposal to overhaul financial rules.