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New York Mercantile Exchange › (NYMEX:SO.J12.2900C)

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Trader's Blog

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Today's News

AP Top Extended Financial Headlines At 1:44 p.m. EDT

2 hours, 43 minutes ago

Americans plan summer vacations, but with incomes stagnant some families keep trips modest US orders for durable goods rise 3.3 percent in April, helped by gain in business investment

Stocks head lower, market on track for weekly loss

2 hours, 51 minutes ago

The stock market headed slightly lower Friday, keeping on track for its first weekly loss in a month. The Standard & Poor's 500 index was down three points at 1,647, a slip of 0.2 percent, as of 1:30 p.m. Eastern time. The Dow Jones industrial average was down three points at 15,291. Procter & Gamble supported the Dow, rising 4 percent.

Fitch removes Ally Financial from negative watch

2 hours, 53 minutes ago

Fitch Rating is no longer considering lowering its credit rating for Ally Financial after the company agreed to pay $2.1 billion as part of a settlement plan to resolve potential financial claims stemming from its mortgage division, Residential Capital LLC, which is in bankruptcy proceedings. The agreement, reached as part of mediation with ResCap and its creditors, releases Ally from any claims that could be brought by ResCap, including representation and warranty claims, and all claims held by third parties related to ResCap.

Office Depot, OfficeMax tap Boston Consulting

2 hours, 55 minutes ago

Office suppliers Office Depot Inc. and OfficeMax Inc. have enlisted The Boston Consulting Group to provide support for their pending merger. Boston Consulting Group will work with the management from both companies to establish priorities and a plan for the merger. Financial terms were not disclosed.

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