News

U.S. strikes Iran before Hormuz Strait blockade restarts

U.S. forces launched strikes against Iranian targets shortly before the U.S. resumed its naval blockade of Iranian ports in and around the Strait of Hormuz.

Johnson & Johnson has a chance to show it's more than just a rotation winner

The healthcare giant's second-quarter earnings will shine the spotlight on its exciting new products and pipeline.

Bipartisan group of senators propose Social Security reform process ahead of funding shortfall

Social Security's trust fund that helps pay retirement benefits may run out in about six years. A bipartisan group of senators is calling for earlier reform.

Soybeans On the Lower Side at Tuesday’s Midday

Soybeans are showing 1 to 3 ¼ cent losses at midday. The cmdtyView national average Cash Bean price is down 3 cents $11.47 3/4. Soymeal futures are down a dime, with Soy Oil futures 49 points lower. July futures expire for the complex at the close. Crop Progress data from...

Cattle Falling on Tuesday

Live cattle futures are trading with $2.25 to $2.90 losses so far at midday. Cash trade was at $247-248 across the country last week, a $7-8 drop from the week prior. Feeder cattle futures are up $4.85 to $5 lower across most contracts. The CME Feeder Cattle Index was back...

Hogs Trading Mostly Lower on Tuesday

Lean hog futures are showing 20 cent gains in soon to expire July, with other contracts own 35 to 65 cents. USDA’s national base hog price was reported at $96.87 on Tuesday morning. The CME Lean Hog Index was 42 cents higher on July 10 at $93.11. USDA’s pork carcass...

Corn Facing Midday Losses, Still Off Early Lows

Corn futures are trading with contracts down 2 to 2 ½ cents so far at midday. July futures expire today. The CmdtyView national average Cash Corn price is 2 cents lower at $4.08. The weekly Crop Progress report showed 16% of the US corn crop silking by July 12, 4...

Wheat Back to Rallying on Tuesday

The wheat complex is trading with gains across the three exchanges at midday. Chicago SRW contracts are up 10 to 12 cents higher so far on the day. KC HRW futures are 10 to 12 cents at midday. MPLS spring wheat is trading with 5 to 6 cent gains so...

Public Storage's Preferred Share Series P Cross 6.5% Yield Mark

PSA.PRP, PSA

In trading on Tuesday, shares of Public Storage's 4.00% Dep Shares Cumulative Preferred Share Series P (Symbol: PSA.PRP) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.00), with shares changing hands as low as $15.36 on the day. This compa

SK Hynix options begin trading. But another group of stocks is stealing its thunder

One explanation for the lack of notable call-buying is that the surge in single-stock ETFs and leveraged funds stole a big chunk of the speculative limelight.