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Kimberly-Clark Q3 sales, EPS flat; margins hit by pricing and cost inflation
OverviewKimberly-Clark Q3 net sales of $4.2 bln, in line with prior yearAdjusted EPS for Q3 was $1.82, broadly in line with prior yearGross margin decreased 170 basis points due to pricing and cost inflationOutlookCompany expects 2025 organic sales growth to align with 2% category growthReported net...Reuters
Thu, Oct 30
Enterprise Products quarterly profit dips on lower margins; boosts buyback to $5 bln
Oct 30 (Reuters) - Enterprise Products Partners EPD.N reported a decline in third-quarter profit on Thursday, as lower processing margins and maintenance downtime offset record pipeline and gas processing volumes.Shares of the company dropped nearly 2% in premarket trade.The U.S. pipeline operator a...Reuters
Thu, Oct 30
FOCUS-US roasters tear through coffee stocks waiting for Brazil trade deal
US roasters face higher costs due to 50% tariff on Brazilian coffeeRoasters cancel orders, explore alternatives amid rising coffee pricesTrade talks underway after Trump-Lula meeting at ASEAN SummitUS consumers face price spike of more than 40%By Marcelo Teixeira and May Angel NEW YORK, Oct 30 (R...Reuters
Thu, Oct 30
HF Sinclair beats third-quarter profit estimates
Oct 30 (Reuters) - Refiner HF Sinclair DINO.N beat Wall Street estimates for third-quarter adjusted profit on Thursday, helped by strength in its midstream segment and improvement in refining margins.The company reported adjusted profit of $2.44 per share for the three months ended September 30, com...Reuters
Thu, Oct 30
GRAINS-Soybeans slip as lack of detail in US-China trade pledge disappoints
Soybeans retreat from 15-month high earlier this weekCorn and wheat prices also give back gains from this week BEIJING/PARIS, Oct 30 (Reuters) - Chicago soybean futures fell on Thursday as a pledge by the United States and China to boost agricultural trade disappointed traders looking for details...Reuters
Thu, Oct 30
US gets rare earth reprieve from China, but not rollback
By Lewis Jackson BEIJING, Oct 30 (Reuters) - China has agreed to delay the introduction of its latest round of rare earth export controls as part of a deal agreed between Presidents Donald Trump and Xi Jinping, but earlier restrictions on the critical minerals that have upended global trade remai...Reuters
Thu, Oct 30
Cheniere Energy reports rise in third-quarter profit
Oct 30 (Reuters) - Cheniere Energy LNG.N reported a rise in third-quarter profit on Thursday, on the back of strong demand for liquefied natural gas.The company reported net income attributable to Cheniere at $1.05 billion, or $4.75 per share, for the quarter ended September 30, compared with $893 m...Reuters
Thu, Oct 30
States to urge US judge to block Trump administration from suspending food benefits
Democratic-led states to ask judge to block SNAP benefits from being cut offUSDA says it will not use contingency funds for food aid States seek ruling before November 1By Nate Raymond BOSTON, Oct 30 (Reuters) - A federal judge in Boston will consider on Thursday whether to block President Donald...Reuters
Thu, Oct 30
FOCUS-US roasters tear through coffee stocks waiting for Brazil trade deal
US roasters face higher costs due to 50% tariff on Brazilian coffeeRoasters cancel orders, explore alternatives amid rising coffee pricesTrade talks underway after Trump-Lula meeting at ASEAN SummitUS consumers face price spike of more than 40%By Marcelo Teixeira and May Angel NEW YORK, Oct 30 (R...Reuters
Thu, Oct 30
PRECIOUS-Gold climbs 2% on Fed rate cut as investors weigh US-China trade talks
Trump says tariffs on China cut to 47% from 57%US Federal Reserve delivers 25-bp rate cutPalladium gains 3%By Ishaan Arora Oct 30 (Reuters) - Gold prices jumped 2% on Thursday, helped by dollar weakness after a Federal Reserve rate cut and as investors remained uncertain regarding the outcome of ...Reuters
Thu, Oct 30
Indian refiners tap spot markets to replace Russian supply, sources say
MRPL buys 2 mln bbls Murban from GlencoreIOC seeks oil from the Americas for delivery in Q1 2026By Nidhi Verma and Siyi Liu NEW DELHI/SINGAPORE, Oct 30 (Reuters) - State-run refiner Indian Oil IOC.NS is seeking more oil from the Americas while Mangalore Refinery and Petrochemicals (MRPL) MRPL.NS ...Reuters
Thu, Oct 30
Exxon jitters send Mozambique's international bond tumbling
LONDON, Oct 30 (Reuters) - Mozambique's sole international bond fell over 3 cents on the dollar to 85.5 cents XS2051203862=TE on Thursday after a Financial Times report that ExxonMobil executives cancelled an appearance with the country's president the previous day.The media briefing had bee...Reuters
Thu, Oct 30
Russia's Lukoil accepts Gunvor offer to buy its foreign assets
US imposed sanctions on Russian oil majorsLukoil declared foreign assets saleLukoil accepted Gunvor's offer, will not to talk to other buyersBy Vladimir Soldatkin and Oksana Kobzeva MOSCOW, Oct 30 (Reuters) - Lukoil LKOH.MM said on Thursday it had accepted an offer from global commodity trade...Reuters
Thu, Oct 30
ASIA COFFEE-Trade slows in Vietnam as traders await new crop; rainfall concerns persist
By Phuong Nguyen and Mas Alina ArifinHANOI, Oct 30 (Reuters) - Trading activity in Vietnam remained subdued as traders awaited the bulk arrival of new beans from the ongoing harvest, expected from mid-November, while concerns persisted over rainfall potentially disrupting the peak harvest, traders s...Reuters
Thu, Oct 30
ROI-Diesel rally sparked by Western sanctions on Russia will be short-lived: Bousso
Russia is second-biggest diesel exporterUS sanctions on Rosneft, Lukoil will lead to changes in diesel flowsNew EU measures force Indian refiners to replace Russian crudeBy Ron Bousso LONDON, Oct 30 (Reuters) - A new wave of Western sanctions on Russia’s oil industry has roiled the diesel market,...Reuters
Thu, Oct 30
Hurricane Melissa smashes through Caribbean, accelerates towards Bermuda
Hurricane Melissa continues passage through Caribbeanforecasters say it will accelerate across open oceanStorm forecast to pass northwest of BermudaAt least 25 people dead in Haiti, four in JamaicaPORT-AU-PRINCE/KINGSTON/HAVANA, Oct 30 (Reuters) - Hurricane Melissa smashed through the northern Carib...Reuters
Thu, Oct 30
France to resume cattle exports halted due to lumpy skin disease
PARIS, Oct 30 (Reuters) - France's farm ministry said on Thursday that cattle exports halted earlier this month due to outbreaks of lumpy skin disease will resume from November 1, in an early lifting of the ban welcomed by the beef industry.Lumpy skin disease is a virus spread by insects that af...Reuters
Thu, Oct 30
Copper hits record high – ING
Copper hit a record on the LME yesterday, topping its previous high of $11,104.50/t set in May 2024. A supportive macro backdrop, falling US Dollar (USD), rate cuts and low inventories have lifted industrial metals prices recently, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Thu, Oct 30
Funds trim TTF Gas longs amid fresh short positions – ING
Investment funds reduced their net long exposure in TTF natural Gas by 14.3TWh to 46.2TWh last week, mainly due to new short positions. Despite storage levels slipping to just under 83%—below the five-year average—European Gas prices remain range-bound.Fxstreet
Thu, Oct 30
