May 29, 2012 |
The euro strengthened Monday, rebounding from a four-day losing streak, as polls showed Greece's pro-bailout parties have gained ground. European stocks erased gains, Spanish bonds declined and yields on German two-year notes fell to a record low. The euro rose 0.2% to $1.2538. The Stoxx Europe 600 index lost less than 0.1%, moving lower after gaining as much as 0.9% as banks slumped. Spain's IBEX 35 dropped 2.2% while Germany's DAX index retreated 0.3%. Yields on two-year German bonds slipped to 0.027%.
January 14, 1987 |
Energy futures retreated Tuesday after a five-day rally that had sent crude oil above $19 a barrel for the first time in 11 months. In other markets, wheat was higher but other grains and soybeans were mostly lower, pork was higher but cattle mixed and precious metals were mixed. Analysts said the decline in energy futures at the New York Mercantile Exchange was caused by profit taking but added there was little reason to believe a steep fallback is likely.
January 12, 1985 |
Grain and soybean futures prices were mixed in light, featureless trading Friday on the Chicago Board of Trade. Analysts said the recent influence of outside markets, such as those involved in precious metals and foreign currencies, subsided Friday and provided the grain markets with little guidance. Demand for soybean meal eased somewhat as European livestock feeders appeared to have built their inventories up sufficiently to handle the cold weather there, traders said.
December 30, 1996 |
A long spell of freezing weather gripping Europe has taken the lives of dozens of homeless people, while blizzards have disrupted travel and balmy resorts have suffered freak snowfalls. Several dozen people trapped in their vehicles by avalanches in a tunnel in southern Russia were finally freed, but as many as 300 people were still feared to be inside the tunnel as snow continued to fall. Sections of the Danube River in Central Europe were frozen over, as were major canals in northern Germany.
March 8, 1990 |
A group of House staff members spent more than $28,000 traveling to London, Paris, Rome and other European cities, planning a trip for lawmakers who then decided to stay home. Rep. Frank Annunzio (D-Ill.), who planned and then scrapped the congressional trip, says he did not want to use a military plane during the U.S. invasion of Panama, which began while the advance team was in Europe. But Rep. Doug Barnard Jr. (D-Ga.
September 16, 2004 |
Coca-Cola Co. warned Wednesday that its third-quarter per-share results would drop at least 24% from a year ago because of poor weather in Europe and problems executing its business strategy in North America. The company's stock fell on the news. The world's largest beverage maker temporarily shelved its policy of not giving quarterly earnings guidance in announcing the unfavorable outlook. "Today, we are not growing the way we should be," Chief Executive E. Neville Isdell said.