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Altria, The Fed And SABMiller

2015-09-29 04:31:59| Beverages - Topix.net

The potential acquisition of SABMiller by Anheuser-Busch InBev will most likely determine Altria's way forward in the next weeks. Altria shares have been more or less climbing steadily since the beginning of 2014, with the exception of a phase of weakness in spring this year, which culminated in a decline of nearly 15% from the earlier March high.

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Fed cattle and wholesale beef lead price decline

2015-09-26 05:18:00| Beef

Bearish fundamentals, including growing total red meat and poultry supplies, worsening feedlot economics, and the reported backlog of ultra-heavy cattle, continue to weigh on cattle prices Yearling feeders traded $5-$10 per cwt lower with instances of $15 lower, according to the Agricultural Marketing Service (AMS). Calves sold mostly $5-$15 lower with instances of $20 lower in the Midwest and Southeast. read more

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Fed will raise rates either in October or December

2015-09-25 23:04:30| Footwear - Topix.net

U.S. market indexes opened higher for the day on Friday, following a speech the prior day from Federal Reserve Chairwoman Janet Yellen regarding the economy and interest rates. At mid-day, the S&P 500 was up 0.80%.

Tags: or december october rates

 

Fed 'on track' to raise rates soon

2015-09-24 23:56:28| BBC News | Business | UK Edition

The US is still "on track" for an interest rate rise this year, Federal Reserve chief Janet Yellen says.

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Why Markets Freaked When The Fed Kept Interest Rates Unchanged And How Oil Investors Can Benefit

2015-09-22 12:52:02| Railroads - Topix.net

The biggest area harmed was the energy space, which should have seen an uptick from a weaker dollar that developed following the move. While the market's reaction does seem odd, however, it's likely that the market prioritized the concerns relating to China's economy and how a continued weaker dollar would impact the region.

Tags: interest rates benefit oil

 

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