Stocks
Cleveland-Cliffs Secures $400M Defense Electrical Steel Contract
Cleveland-Cliffs Steel, a unit of CLF, won a maximum $400 million contract for grain-oriented electrical steel from the U.S. Defense, set to...
Financial Team 716 articles
Stocks
Ethanol Demand Fuels Corn Futures Rally
Corn futures extended gains Wednesday, driven by strong ethanol production and tighter-than-expected grain stocks. Front-month contracts led the rally, with cash prices...
Stocks
Vertex’s Casgevy Approved for Children as Young as Two
Vertex Pharmaceuticals (VRTX) has received US FDA approval for its gene therapy Casgevy, expanding its indication to children as young as two...
Stocks
Soybeans Advance on Wednesday, Front Months Lead Gains
Soybean futures saw notable gains across most contracts on Wednesday, with front months leading the upward movement. Cash bean prices also climbed...
Stocks
Transocean Secures $1B+ Equinor Rig Contract
Transocean (RIG) secured a deal with Equinor (EQNR) for three harsh environment rigs on the Norwegian continental shelf, valued at over $1...
Stocks
Progress Software Targets FY26 EPS $6.09-$6.21, ~2.8x Net Leverage
Progress Software (PRGS) forecasts FY2026 diluted EPS of $6.09-$6.21 and targets a net leverage of ~2.8x, following a strong Q2 performance. The...
Stocks
Wheat Futures Climb on USDA Reports Signaling Tighter Supply
Wheat futures saw significant gains across all major exchanges, driven by USDA reports indicating lower-than-expected U.S. acreage and grain stocks. This bull-friendly...
Stocks
Power Grid Emergency Declared for PJM Ahead of Heat Wave
The Department of Energy has issued an emergency order for PJM Interconnection, the largest U.S. energy grid, as a dangerous heat wave...
Stocks
Cotton Futures Climb Despite Acreage Increase
Cotton futures gained 22 to 43 points on Tuesday, defying a USDA report of higher-than-expected planted acres for the spring.