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Chicago Board of Trade › (CBOT:YW.N13)

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Today's Financial News

PG&E posts 2Q profit of $406 million, result tops expectations

6 hours ago

SAN FRANCISCO (AP) — Pacific Gas & Electric Co. (PCG) on Wednesday reported second-quarter earnings of $406 million. The San Francisco-based company said it had profit of 83 cents per share. Earnings, adjusted for non-recurring costs, were 91 cents per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

By nearly any measure, sunny South Florida is tops in fraud from ID theft to mortgage scams

6 hours ago

MIAMI (AP) — Psssst — Need a phony ID? A fraudulent tax refund? Insurance money from a sham car crash? Florida may have just what you're looking for. Over the past decade or so, the three most populous South Florida counties — Miami-Dade, Broward and Palm Beach — have become less renowned for old-school "Miami Vice"-style drug shootouts than for scammers stealing hundreds of millions from the government, banks and individuals by using laptops, stolen identities and fake medical procedures.

TransAlta posts loss of $106.5 million in second quarter

6 hours ago

CALGARY, Alberta (AP) _ TransAlta Corp. (TAC) on Wednesday reported a loss of $106.5 million in its second quarter. On a per-share basis, the Calgary, Alberta-based company said it had a loss of 38 cents. Losses, adjusted for non-recurring costs, were 13 cents per share. The power generation and marketing company posted revenue of $356.2 million in the period.

Mini recalling about 35,000 cars to strengthen resistance to side-impact crashes

6 hours ago

DETROIT (AP) — Mini is recalling about 35,000 cars in the U.S. and Canada because they don't meet side-impact crash-test requirements. The recall includes certain Cooper and Cooper S Hardtop two-door cars from 2014 and 2015, as well as the 2015 John Cooper Works Hardtop two-door. The company owned by BMW says that if crash-test requirements aren't met, rear-seat passengers could have a higher risk of injury.

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