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Press Releases

FOREX-Dollar firm after bounce from multi-month lows, focus shifts to Fed

*Dollar index pulls away from 6-1/ 2- month lows. TOKYO, May 24- The dollar held firm early on Wednesday, having rebounded from 6-1/ 2- month lows against its major peers thanks to a rise in U.S. It managed to pull away from the 96.797 level plumbed on Monday, its lowest since Nov. 9, when concerns over U.S. politics stemming from the Trump election campaign's suspected...

Source: Reuters

Asian markets open in the green; FOMC minutes, OPEC meeting in focus

Major indexes in Asia opened higher on Wednesday as investors looked for guidance from minutes from the Fed and an upcoming OPEC meeting.

Source: CNBC.com

Health care bill and housing will vie with Fed for market attention

Fed minutes are expected to be the big story for markets Wednesday, but traders are also watching to see how the CBO scores the House health care bill.

Source: CNBC.com

Senate intelligence panel to subpoena Flynn's businesses

The leaders of the Senate Intelligence Committee said on Tuesday they would subpoena two of former national security adviser Michael Flynn's businesses.

Source: Reuters

Bristow Group Reports Fiscal Fourth Quarter and Full Fiscal Year 2017 Results

For the March 2017 quarter, we reported a GAAP net loss of $78.0 million, or diluted loss per share of $2.22, compared to GAAP net loss of $25.3 million, or diluted loss per share of $0.72, for the March 2016 quarter. Additionally, we reported an adjusted net loss of $40.3 million, or adjusted diluted loss per share of $1.15, for the March 2017 quarter compared to adjusted...

Source: PR Newswire

US STOCKS-Wall St rises on investor relief after Trump budget

May 23- Wall Street ended higher on Tuesday after the release of President Donald Trump's budget plan but gains were tempered by declines in consumer discretionary stocks amid weakness in auto-parts companies. While Tuesday's economic data was weak, investors were relieved Trump's first full budget plan was largely as expected, even if it is not expected to...

Source: Reuters

TREASURIES-U.S. bond yields rise on supply, stock gains

*Wall Street stock prices reduce demand for Treasuries. NEW YORK, May 23- U.S. Wall Street stock prices rebounded further on Tuesday from last week's lows as investors seemed relieved that U.S.

Source: Reuters

Bristow Group Announces Quarterly Dividend

HOUSTON, May 23, 2017/ PRNewswire/-- Bristow Group Inc. announced today that its Board of Directors approved a $0.07 per share quarterly dividend. Bristow Group Inc. is the leading global industrial aviation services provider offering helicopter transportation, search and rescue and aircraft support services, including maintenance and training, to...

Source: PR Newswire

CNH Industrial announces the closing of its notes offering of Euro 500,000,000 guaranteed 1.375% notes due May 2022

LONDON, May 23, 2017/ PRNewswire/-- Today CNH Industrial N.V. settled its offering of Euro 500,000,000 in principal amount of 1.375% notes due May 2022, with an issue price of 99.335% of the principal amount, which was priced on May 15, 2017. The notes have been issued by CNH Industrial Finance Europe S.A., a wholly-owned subsidiary of CNH Industrial N.V., under the Euro...

Source: PR Newswire

UPDATE 9-Oil settles up slightly on view OPEC will extend output cuts

*OPEC seen set to prolong oil output cuts. NEW YORK, May 23- Oil prices settled a bit higher on Tuesday as expectations of an extension to OPEC- led supply cuts overshadowed a White House proposal to sell half of U.S. petroleum reserves. OPEC and other producing countries including Russia have cut output about 1.8 million barrels per day in the first half of 2017..

Source: Reuters