Ahead of the Bell: Dow futures are trading up 40 points and S&P futures are trading up 6 points. U.S. stock index futures pointed to a narrowly higher open on Monday, ahead of a quiet day for both earnings and economic data. No major companies are slated to post results before Wall Street opens. Economic data due include Markit's preliminary services PMI for February , the Chicago Federal Reserve index for January and the Dallas Fed manufacturing index for February. Economists are expecting weather effects to be the main factor behind another run of weak economic news this week. Trading may be light, with few domestic catalysts to drive markets until Thursday, when Federal Reserve Chair Janet Yellen will speak to the Senate Banking Committee in her semi-annual testimony about monetary policy. Yellen's comments will be scoured for any...
On 24 February 2014 it will be precisely 100 years since Shell (ticker symbol: RDSA) began its research activities in Amsterdam Noord. With the help of a robot from the University of Twente, Shell’s Chief Technology Officer Gerald Schotman sounds the gong to kick off this jubilee year, and to highlight the cooperative efforts of universities, government and companies aimed at accelerating the rate of innovation in the Netherlands.
The robot arm, specially programmed for this occasion by staff from the University of Twente, symbolizes cooperation between participants in the European Petrobot project. Together with other parties, including scientific advisors from the University of Twente and the University of Zurich (ETH), Shell is working within the framework of the EU to develop robots that can inspect petrochemical tanks. What...
On Friday, February 21, executives and guests of Columbus, Ohio-based Installed Building Products, a leading residential insulation installer operating throughout the United States, will visit the New York Stock Exchange (NYSE). Installed Building Products began trading on the NYSE on February 13, 2014 under ticker symbol "IBP".
In honor of the occasion, Jeffrey Edwards, Chairman, President and Chief Executive Officer, joined by members of the company's leadership team, will ring the NYSE Closing Bell.
U.S. stock indexes finished fractionally lower on Friday after swinging between gains and losses through the session. M&A continued to grab headlines along with another round of earnings, soft U.S. Home Sales data and the peace deal in Ukraine. Telecom and Energy were the S&P 500’s worst performers while Utilities and Discretionary topped gains. Gold rose, oil slipped, and the dollar was relatively flat.
In U.S. economic news, January existing home sales come in at 4.62M vs 4.70M expectations and down from 4.87M in December. The reading was the lowest since July 2012.
Speaking earlier today, St Louis Fed president James Bullard (a non-voter in 2014) repeated the FOMC's current position that they will not be raising interest rates 'for a while' even after the unemployment rate falls below 6.5%.
NRG Yield, Inc. (NYSE: NYLD), led by President and CEO David Crane and members of the company’s leadership team, visited the New York Stock Exchange (NYSE) and rang The Opening Bell®.
About NRG Yield
NRG Yield owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the U.S., including fossil fuel, solar and wind power generation facilities that provide the capacity to support more than one million American homes and businesses. Our thermal infrastructure assets provide steam, hot water and/or...