(RTTNews) - Fertilizer company Nutrien Ltd. (NTR) on Thursday reported lower third-quarter profit, reflecting weaker gross margin and higher operating expenses, while revenue edged higher. The company also announced plans to shut down its White Springs phosphate facility in 2027
Host Hotels & Resorts raised its full-year outlook, including adjusted EBITDA and comparable hotel RevPAR growth. CEO and President Jim Risoleo discussed the acquisition of 1 Hotel Brooklyn Bridge, the fourth 1e Hotel in Host’s portfolio. He cited its 2017 opening, lack of deferred capital expenditures, 175 rooms, meeting space, dining options and waterfront location overlooking Manhattan. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
December WTI crude oil (CLZ26 ) closed down -7.97 (-8.29%) on Wednesday, and December RBOB gasoline (RBZ26 ) closed down -0.2069 (-7.05%). Crude oil and gasoline prices plummeted on Wednesday, with Dec WTI crude oil falling to a 4-week low and gasoline dropping to a 7.75-month low. Crude prices opened...
The dollar index (DXY00 ) tumbled to a 5-week low on Wednesday and finished down by -0.32%. The dollar sank Wednesday after Democrats swept Congress in the US midterm elections, fueling concerns about political gridlock and tougher tech regulation that could curtail foreign demand for US assets. Wednesday’s -8% plunge...
March NY world sugar #11 (SBH27 ) closed up +0.14 (+0.76%) on Wednesday, and December London ICE white sugar #5 (SWZ26 ) closed down -2.70 (-0.54%). Sugar prices settled mixed on Wednesday, with London sugar falling to a 3-month low. Wednesday’s -8% plunge in WTI crude oil (CLZ26 ) to...
December arabica coffee (KCZ26 ) closed down -4.20 (-1.48%) on Wednesday, and January ICE robusta coffee (RMF27 ) closed up +18 (+0.56%). Coffee prices settled mixed on Wednesday, with arabica falling to a 5-week low. Coffee prices recovered from their worst level on Wednesday, with robusta moving into positive territory...
December ICE NY cocoa (CCZ26 ) closed up +42 (+0.78%) on Wednesday, and ICE London cocoa #7 (CAZ26 ) closed down -27 (-0.66%). Cocoa prices fell to fresh 5-week lows on Wednesday but rebounded and settled mixed. Rising ICE cocoa inventories are easing supply concerns and weighing on prices. ICE...
March NY world sugar #11 (SBH27 ) closed up +0.14 (+0.76%) on Wednesday, and December London ICE white sugar #5 (SWZ26 ) closed down -2.70 (-0.54%). Sugar prices settled mixed on Wednesday, with London sugar falling to a 3-month low. Wednesday’s -8% plunge in WTI crude oil (CLZ26 ) to...
December Nymex natural gas (NGZ26 ) closed up +0.064 (+2.21%) on Wednesday. Dec nat-gas prices settled higher on Wednesday as forecasts for cooler US autumn temperatures could potentially boost heating demand for nat-gas. The Commodity Weather Group said Wednesday that forecasts shifted cooler across the eastern half of the US...
Lean hog futures were mixed at the close, with contracts down 27 cents to $1.32, with December the lone contract seeing strength, up 42 cents. Open interest was down 228 contracts. USDA’s national base hog price was reported at $45.39 in the Tuesday afternoon report, down $4.62 from the day...
The wheat complex is posting higher trade on Wednesday. Chicago SRW contracts are up 4 to 5 cents across the front months. KC HRW futures are showing 1 to 3 cent gains at midday. MPLS spring wheat is up 1 to 2 cents in the front months on Wednesday. Census...