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By Jeff Wilson and Whitney McFerron, Bloomberg |
April 29, 2013
Corn jumped the most in 10 months, gaining the maximum allowed by the Chicago Board of Trade, as rain and frigid weather slowed the pace of planting in the U.S., the world’s top exporter.
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By Whitney Kisling, Bloomberg |
April 29, 2013
U.S. technology stocks, the second-best industry of the past decade, have fallen to the cheapest levels in at least seven years and are vulnerable to more losses as analysts reduce second-quarter profit estimates.
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By Elisabeth Behrmann and Phoebe Sedgman |
April 26, 2013
Archer-Daniels-Midland Co., the world’s largest corn processor, won agreement to acquire GrainCorp Ltd. for $2.3 billion after raising its offer with a special dividend for shareholders of the Australian crop handler.
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By Lorraine Woellert, Bloomberg |
April 24, 2013
Orders for U.S. durable goods fell in March by the most in seven months as demand slumped for commercial aircraft and business investment cooled.
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By Alex Kowalski, Bloomberg |
April 19, 2013
Payrolls decreased in 26 U.S. states in March, showing the recent labor-market slowdown is being felt across the country. Jobless rates also dropped in 26 states last month.
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By Leslie Patton, Bloomberg |
April 19, 2013
McDonald’s Corp., the world’s largest restaurant chain by sales, posted first-quarter profit that was little changed as same-store sales dropped in the U.S. for the first time since 2003 amid soft global demand.
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By Andrew Harris, Bloomberg |
April 16, 2013
Former MF Global Inc. broker Evan Brent Dooley was sentenced to 5 years in prison for making unlawful unauthorized trades that caused the now-defunct futures firm to lose more than $141 million in 2008.
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By Shobhana Chandra, Bloomberg |
April 16, 2013
Factory production in the U.S. unexpectedly dropped in March, adding to recent signs that manufacturing is cooling.
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By Jeff Wilson, Bloomberg |
April 9, 2013
The record collapse in U.S. corn exports and shrinking domestic demand are leaving more grain in silos, spurring a bear market just eight months after drought drove prices to an all-time high.
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By Mark Shenk, Bloomberg |
April 3, 2013
Crude dropped after an industry report showed that U.S. oil stockpiles climbed to a nine-month high as output held at the highest level in more than two decades.
