DuPont blames strengthening dollar for muted forecast
(Reuters) – DuPont forecast lower-than-expected revenue and profit for 2015, joining a growing list of large U.S. corporations that have warned of a stronger dollar hurting earnings.
Caterpillar warns of 2015 sales hit from falling oil price
CHICAGO (Reuters) – Caterpillar Inc on Tuesday cut its 2015 profit outlook and warned the plunge in oil prices would hurt its energy equipment business, sending shares tumbling as much as 8 percent.
Cargill likely to stay private, commits to Ukraine: CEO
MIAMI (Reuters) – Cargill Inc [CARG.UL], one of the world’s largest privately held corporations and a top commodities trader, will likely remain private for at least another decade, the chief executive said on Tuesday as he assessed challenges facing t…
EU says near deal with Washington on derivatives rules
LONDON (Reuters) – The European Union and the United States are poised to accept each other’s rules on financial derivatives trading in a bid to prevent a global market that supports economic growth from fragmenting, a senior EU official said on Tuesda…
U.S. senator says expects fast-track trade bill in February
WASHINGTON (Reuters) – The head of the Senate committee responsible for trade said on Tuesday he hopes to present a bill to streamline the passage of trade deals through the U.S. Congress in February.
Oil to stay lower for longer; Chinese demand growth to slow – Goldman
LONDON (Reuters) – Oil prices will stay lower for longer after more than halving since June, Goldman Sachs’ chief commodity analyst said, arguing in his latest research note that demand growth in China and other emerging economies is set to slow.
U.S. trade official says Treasury taking lead on currency manipulation
WASHINGTON (Reuters) – The U.S. Treasury is taking the lead on addressing currency manipulation, U.S. Trade Representative Michael Froman said on Tuesday.
Lockheed Martin profit forecast misses on lower pension income
(Reuters) – Lockheed Martin Corp , the Pentagon’s largest arms supplier, forecast 2015 earnings below analysts’ estimates due to lower pension income.
U.S. consumer confidence rises to strongest since August 2007
NEW YORK (Reuters) – U.S. consumer confidence strengthened to its highest level in more than seven years in January on growing optimism about the jobs market and the overall economy, according to a private sector report released on Tuesday.
U.S. consumer confidence rises to strongest since August 2007
NEW YORK (Reuters) – U.S. consumer confidence strengthened to its highest level in more than seven years in January on growing optimism about the jobs market and the overall economy, according to a private sector report released on Tuesday.
