CME Talks to Traders About Possible Aluminum Contract -Reuters
CME Group Inc. (CME) recently sounded traders out on the viability of an aluminum contract akin to that of the London Metal Exchange, Reuters reported Wednesday citing industry sources.
BSkyB Gains Right To Appeal "Unfounded" Competition Ruling
The U.K.'s Competition Appeals Tribunal Wednesday said British Sky Broadcasting Group PLC (BSY.LN) has the right to appeal a 2010 regulatory ruling after concluding that competition concerns about the way the U.K. pay-television operator sold premium sports content to rivals were unfounded.
A Day Before its Massive Tech Glitch, Knight Had Another Flub
A day before the firm’s massive computerized trading error, a Knight trader on the floor of the New York Stock Exchange flubbed an order for the stock Ensco PLC that cost Knight nearly $1 million, people with knowledge of the matter say.
TradeKing Midday Market Call Recap: SPX, RUT, VIX, GOOG
TradeKing Midday Market Call Recap: SPX, RUT, VIX, GOOGRecap for Tuesday, August 7th by Kevin CorriganDid you miss Tuesday’s TradeKing Midday Market Call?
U.S. GAS: Futures Fall On Expectations Of Less-Extreme Heat
Natural-gas futures dropped 1.1% Wednesday as traders tried to determine how long above-normal temperatures could continue in the U.S., boosting demand for gas-powered electricity to power air conditioning.
Chevron Still Running Parts of Richmond Refinery After Fire
Chevron Corp. (CVX) said Wednesday it is running most of the processing units at its refinery in Richmond, Calif., after a fire erupted at the plant's crude distillation unit, but it was unclear how much fuel the facility was producing.
Stocks Inch Higher, Look to Extend Winning Streak
After a quiet morning session, stocks drifted higher in afternoon action as traders mulled news on several big U.S. companies and oil prices rose.
Brazil Auto-Loan Defaults Fell in June After 17-Month Climb
Defaults on Brazilian auto credit retreated in June, the first decline in auto-loan default levels in 17 months, the association of auto-maker financing institutions, Anef, said Wednesday.
Drug Makers Push On With Alzheimer's Research After Setback
This week's failure of an experimental drug for Alzheimer's disease underscores the limitations on scientific understanding of the brain disorder, but drug companies are plowing ahead in search of new treatments because of the high medical need and potential financial payoff.