Wednesday, April 7, 2010 as of 11:14 AM ET
Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.
Read More at Wikipedia ›Activist investor Carl Icahn skewered Chesapeake Energy Corp.
's (CHK) board for corporate governance controversies and "irresponsible actions" while disclosing he acquired a sizeable new stake in the company.Icahn described the firm's shares as undervalued and indicated that he wants specific changes, including the right to name two directors at Chesapeake. He disclosed after the markets closed he holds a 7.56% stake, or 50.1 million shares, acquired for $785 million.Chesapeake's chairman, Aubrey K. McClendon, has agreed to step down from that position after it was disclosed that he had borrowed as much as $1.4 billion from firms doing business with the company. McClendon, a co-founder of the company, remains chief executive.(This story and related background material will be available on The Wall Street Journal website, WSJ.com.)"Having the current board select a new chairman without shareholder approval and without allowing for shareholder representation is akin to asking the fox, wh...Vedanta Resources PLC (VED.LN) plans to focus on reducing its debt burden, simplifying its corporate structure and developing its growth projects after completing a ...
Charles Schwab Chief Investment Strategist Liz Ann Sonders on the impact of Greece on Europe and the U.S.
Crude oil futures tumbled on Wednesday as banking troubles in Greece further highlighted the euro zone debt crisis, pulling U.S. equities lower as risk aversion hit ...
BHP Billiton Ltd. (BHP) backed away Wednesday from ambitious spending plans that would have led the company to invest around $80 billion on new projects by 2015.The ...
The tailwind of high commodity prices, which have helped the mining sector report record growth in recent years, is moderating and is expected to ease further, the c...
Dairy prices in the twice monthly GlobalDairyTrade auctions have fallen 41% from a March 2011 peak and are down 24% so far this year, with the result that economists...
BHP Billiton Ltd. (BHP) is tweaking the sequence of its capital expenditure plans to maximize value and reduce risk as miners face the prospect of lower cash-flow ge...
Olam International Ltd. (O32.SG), a major processor and trader of agricultural products, said Tuesday it is participating in Ivory Coast's revised cocoa regime and h...
Olam International Ltd. (O32.SG) said Tuesday its third-quarter net profit fell 22.5% because lower commodity prices hurt sales revenue and margins.Net profit for th...
FBN’s Jeff Flock on the fall in commodity prices in the markets today.
Investors who aren't content with opportunities in emerging markets are now turning to "emerging emerging markets," known as frontier markets.Frontier markets, which...
The recent decline in mining equities doesn't mean the commodities super-cycle has come to an end; more that the sector has overshot on the downside, providing an at...
U.S. investment bank JP Morgan Friday lowered its forecast for Australian economic growth, but kept in place upbeat expectations that the country's mining boom will ...
Stifel Nicolaus market strategist Kevin Caron gives his outlook for the dollar.
The Japanese yen rebounded midday Wednesday after the Bank of Japan decided not to add any additional easing measures at its policy meeting. The central bank left it...
OECD sees Mexico's GDP growing 3.6% this year, rising to 3.8% in 2013-Ongoing uncertainty in Europe, U.S. remain as key downside risks-For Chile, the OECD expects 4....
Hong Kong stocks rose with other Asian markets Tuesday, as the Hang Seng Index gained 0.8% to 19,073.31, and the Hang Seng China Enterprises Index surged 1.3%. Resou...
FBN’s Sandra Smith argues severe weakness in the euro and a strong dollar are affecting oil prices.
European stock markets opened lower on Friday, with banks under pressure in the wake of downgrades to Spanish banks that came late the prior day. Moody's Investors S...
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