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US Cash Grains-Corn and soybean basis bids largely steady
CHICAGO, May 12 (Reuters) - Basis bids for corn and soybeans were mostly flat in a spot check of locations in the U.S. Midwest on Tuesday, as futures rose. The basis for corn rose 1 cent at a river terminal in Morris, Illinois. The soybean basis fell 2 cents at a river terminal in Davenport, Iowa. C...Reuters
16 hours ago
Union says BP delaying negotiations following Whiting refinery lockout
May 12 (Reuters) - BP has not resumed contract talks with a U.S. steelworkers’ union since locking out more than 800 workers at its Whiting, Indiana, refinery in March, the union said on Tuesday, accusing the company of delaying negotiations while claiming publicly it wants to bargain.The United Ste...Reuters
17 hours ago
Mexico's Salina Cruz refinery partially shut after fire, IIR Energy says
Units tied to diesel and gasoline additives affected in Salina Cruz outage - IIR EnergyOutage compounds global fuel supply concerns caused by Iran warRefinery projected to restart on May 14 - IIR EnergyBy Shubham Kalia, Shariq Khan and Raul CortesMay 12 (Reuters) - Mexico's state oil company Pem...Reuters
17 hours ago
CORRECTED-Tecogen posts smaller than expected drop in Q1 revenue, but net loss widens
OverviewU.S. clean energy equipment maker's Q1 revenue fell 13%, less than analysts' expectationsNet loss widened to $2.12 mln, driven by lower products segment revenue and higher expensesCompany expects cost cuts to reduce cash burn and impact results in Q3OutlookTecogen expects lower cash ...Reuters
17 hours ago
USDA Revokes Approved Lender Status Of Ten Lenders Irresponsible Lending Has No Place In Government Programs
May 12 (Reuters) - USDA REVOKES APPROVED LENDER STATUS OF TEN LENDERS: IRRESPONSIBLE LENDING HAS NO PLACE IN GOVERNMENT PROGRAMSSource text: [ID:]Further company coverage: [ ]Reuters
17 hours ago
Ananym urges BWX Technologies to commercialize reactor design, says shares could double
Ananym Capital urges BWX to revive mothballed reactor design for clean energy demandBWX shares could rise 45% as supplier, but commercializing mPower tech could double value, Ananym saysAnanym co-founders Silver and Penner have track record in activist campaigns at major firmsBy Svea Herbst-BaylissN...Reuters
17 hours ago
US Plains HRW Wheat-Basis ticks up in multiple locations
CHICAGO, May 12 (Reuters) - Basis bids for hard red winter wheat were largely higher in a spot check of locations in the U.S. southern Plains on Tuesday as futures rocketed up. Nearly half of hard red winter wheat is expected to continue to experience stress from dryness this week, according to fore...Reuters
17 hours ago
CIF/FOB Gulf Grain-Soybean barge bids steady-higher ahead of US-China summit
CHICAGO, May 12 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to higher on Tuesday as traders anticipated an increase in crop purchases around this week's summit between the United States and China.CIF corn basis bids were mostly steady to fir...Reuters
17 hours ago
Canada's Franco-Nevada Q1 revenue rises on gold and silver prices
OverviewCanada gold royalty firm's Q1 revenue rose 77%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany reported a Q1 net income increase of 123% compared to last yearOutlookFranco-Nevada maintains 2026 GEO sales guidance of 510,000 to 570,000 ounces, excluding C...Reuters
17 hours ago
LIVESTOCK-CME cattle drop, traders await Trump action on beef imports
By Tom Polansek CHICAGO, May 12 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures fell on Tuesday amid expectations that the federal government would facilitate more beef imports into the U.S.President Donald Trump's administration was "fine-tuning" potenti...Reuters
18 hours ago
SANUWAVE Health Q1 swings to operating loss as margins fall
OverviewUS wound care products provider's Q1 revenue rose 3.1% yr/yr to record Q1 levelCompany posted operating loss of $1.1 mln, compared to operating income last yearGross margin fell to 77.3% from 79.0% due to lower pricing for reseller salesOutlookCompany forecasts Q2 2026 revenue of $11.1-$...Reuters
18 hours ago
NextEra Energy settles nuclear plant wage lawsuit for $9.5 million
By Mike Scarcella May 12 (Reuters) - Florida Power and Light owner NextEra Energy NEE.N has agreed to pay $9.5 million and to cooperate with plaintiffs to settle a lawsuit in U.S. federal court accusing it and other commercial nuclear power plant operators of conspiring to suppress pay for thousa...Reuters
18 hours ago
Kremlin, Trump say Ukraine war nearly over after Zelenskiy casts doubt
By Dmitry Antonov and Gram Slattery MOSCOW, May 12 (Reuters) - The Kremlin repeated Russian President Vladimir Putin's assertion that the war in Ukraine was almost over on Tuesday and U.S. President Donald Trump said the war's conclusion was "very close," perspectives not shared b...Reuters
18 hours ago
Suncor says power outage caused unplanned operational shutdown at Commerce City refinery
May 12 (Reuters) - Suncor Energy SU.TO said on Tuesday a third-party power outage on May 11 caused an unplanned operational shutdown at its 98,000-barrel-per-day Commerce City refinery in Colorado.The company said the facility was undergoing startup activities and that smoke or increased flaring may...Reuters
18 hours ago
US Cash Grains-Corn basis rises as planting progresses rapidly
CHICAGO, May 12 (Reuters) - Basis bids for corn were flat to higher at U.S. Midwest elevators and river terminals on Tuesday as futures ticked up and farmers were in the midst of a fast-moving planting season. The corn basis firmed at elevators in Blair, Nebraska and Cincinnati, Ohio. It also rose a...Reuters
18 hours ago
CBOT soybeans finish up on lower-than-expected US supply outlook
CHICAGO, May 12 (Reuters) - Chicago Board of Trade soybean futures finished higher on Tuesday after the U.S. Department of Agriculture released lower-than-expected estimates of the nation's 2026/27 inventories and harvest.U.S. soybean stocks were forecast to shrink to 310 million bushels by the ...Reuters
19 hours ago
TELA Bio Q1 revenue growth beats estimates, loss widens
OverviewUS soft-tissue reconstruction firm's Q1 revenue rose 3% yr/yr, beating analyst expectationsNet loss widened to $12.3 mln from $11.3 mln a year earlierCompany reiterated full-year 2026 revenue growth guidance of at least 8%OutlookTELA Bio projects full-year 2026 revenue growth of at least...Reuters
19 hours ago
Hour Loop Q1 revenue rises 16%, net income grows
OverviewU.S. online retailer's Q1 revenue rose 16% yr/yr to $29.9 mlnQ1 net income increased to $0.82 mln from $0.65 mln last yearGross margin declined due to higher inbound costs and storage feesOutlookHour Loop reaffirms 2026 net revenue guidance of $143.0 mln to $163.0 mlnCompany expects 2026...Reuters
19 hours ago
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