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Tree.com (TREE) Q2 Earnings and Revenues Miss Estimates

Tree.com (TREE) came out with quarterly earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-r…

Markets

What a divided Fed means for investors

The Fed opted to hold interest rates steady at the second meeting led by Chairman Kevin Warsh. But between his commentary about inflation and the dissenting coalition of policymakers, investors are growing increasingly …

Markets

Soybeans Collapse on Wednesday, as Forecasts Remain Wet

Soybeans posted losses of 13 ½ to 34 cents on Wednesday, with front months leading the charge. The cmdtyView national average Cash Bean price was 31 3/4 cents lower at $11.46 ¼. Soymeal futures were $2.50 to $5.00 lower…

Markets

Corn Pushes Lower on Wednesday

Corn futures gave back the bounce from Tuesday, with contracts closing the Wednesday session down 2 to 9 ½ cents, led by the nearbys. The CmdtyView national average Cash Corn price was down 9 1/2 cents at $4.19 3/4.

Markets

Wheat Posting Mixed Wednesday Trade

The wheat complex is showing mixed trade on Wednesday, with contracts firmer in the hard red months. Chicago SRW contracts are slipping lower on the midweek session with losses of ¾ to 2 cents. KC HRW futures are 1 to 2…

Markets

Here are the five big takeaways from this week's Fed meeting

The Federal Reserve on Wednesday followed through on expectations for no interest rate change, and Chairman Kevin Warsh offered little direction in his news conference. The meeting was notable for a surge in dissenting …

Markets

A game of straits

On July 20, Yemen's Houthi rebels declared a naval blockade against Saudi Arabia, widening the front of the US-Iran war. Three days later, strikes on two Saudi tankers in the Red Sea pushed Brent above $100 per barrel f…