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The Latest Breaking News from NY

Cocoa Prices Sharply Higher on Below-Normal Rain in West Africa

September ICE NY cocoa (CCU25 ) on Friday closed up +205 (+2.52%), and September ICE London cocoa #7 (CAU25 ) closed up +142 (+2.66%). Cocoa prices today are sharply higher due to concerns about dry weather in West Africa. According to the European Centre for Medium-Range Weather Forecasts, rainfall in...

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Sugar Prices Fall on Signs of Abundant Global Supplies

October NY world sugar #11 (SBV25 ) today is down -0.29 (-1.75%), and October London ICE white sugar #5 (SWV25 ) is down -8.90 (-1.85%). Sugar prices are sharply lower today and have been under pressure this week due to speculation that India may boost its sugar exports. On Wednesday,...

Barchart

Cocoa Prices Jump on Dry Weather Concerns for West Africa

September ICE NY cocoa (CCU25 ) today is up +198 (+2.44%), and September ICE London cocoa #7 (CAU25 ) is up +125 (+2.34%). Cocoa prices today are sharply higher due to concerns about dry weather in West Africa. According to the European Centre for Medium-Range Weather Forecasts, rainfall in the...

Barchart

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Demand Optimism Lifts Sugar Prices

October NY world sugar #11 (SBV25 ) on Thursday closed up +0.33 (+2.03%), and October London ICE white sugar #5 (SWV25 ) closed up +8.80 (+1.87%). Sugar prices rallied sharply on Thursday due to speculation that the recent slide in sugar prices to 4-year lows has sparked a pickup in...

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Cocoa Prices Finish Sharply Lower as Chocolate Demand Wanes

September ICE NY cocoa (CCU25 ) on Thursday closed down -316 (-3.74%), and September ICE London cocoa #7 (CAU25 ) closed down -122 (-2.23%). Cocoa prices gave up an early advance Thursday and settled sharply lower due to concerns about chocolate demand. On Tuesday, chocolate maker Lindt & Spruengli AG...

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Sugar Prices Rally on Hopes for Increased Demand

October NY world sugar #11 (SBV25 ) today is up +0.35 (+2.16%), and October London ICE white sugar #5 (SWV25 ) is up +9.20 (+1.95%). Sugar prices today are moving higher on speculation that the recent slide in sugar prices to 4-year lows has sparked a pickup in demand. China's...

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Demand Concerns Weigh on Cocoa Prices

September ICE NY cocoa (CCU25 ) today is down -289 (-3.42%), and September ICE London cocoa #7 (CAU25 ) is down -122 (-2.23%). Cocoa prices gave up an early advance today and fell sharply due to concerns about chocolate demand. On Tuesday, chocolate maker Lindt & Spruengli AG lowered its...

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Prospects of Higher Indian Sugar Exports Weigh on Prices

October NY world sugar #11 (SBV25 ) on Wednesday closed down -0.04 (-0.25%), and October London ICE white sugar #5 (SWV25 ) closed down -0.80 (-0.17%). Sugar prices extended this week's slide on Wednesday, with NY sugar posting a 2.5-week low and London sugar posting a 2-week low. Sugar prices...

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Cocoa Prices Jump on Fears of Tighter Supplies

September ICE NY cocoa (CCU25 ) on Wednesday closed up +291 (+3.57%), and September ICE London cocoa #7 (CAU25 ) closed up +114 (+2.13%). Cocoa prices rallied sharply on Wednesday, posting 1.5-week highs. Concerns that a slowdown in the pace of Ivory Coast cocoa exports will tighten global supplies are...

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Possible Increase in India's Sugar Exports Weighs on Prices

October NY world sugar #11 (SBV25 ) today is down -0.02 (-0.12%), and October London ICE white sugar #5 (SWV25 ) is down -0.50 (-0.11%). Sugar prices today extended this week's slide, with NY sugar posting a 2.5-week low and London sugar posting a 2-week low. Sugar prices are under...

Barchart

Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows

September ICE NY cocoa (CCU25 ) today is up +253 (+3.10%), and September ICE London cocoa #7 (CAU25 ) is up +80 (+1.50%). Cocoa prices today are sharply higher, posting 1.5-week highs. Concerns that a slowdown in the pace of Ivory Coast cocoa exports will tighten global supplies are underpinning...

Barchart

Sugar Prices Settle Lower as Brazil Boosts Sugar Production

October NY world sugar #11 (SBV25 ) on Tuesday closed down -0.09 (-0.55%), and October London ICE white sugar #5 (SWV25 ) closed down -2.00 (-0.42%). Sugar prices added to Monday's sharp losses on Tuesday, with NY sugar posting a 1.5-week low and London sugar posting a 1-week low. The...

Barchart

Signs of Weak Chocolate Demand Undercut Cocoa Prices

September ICE NY cocoa (CCU25 ) on Tuesday closed down -7 (-0.09%), and September ICE London cocoa #7 (CAU25 ) closed up +111 (+2.12%). Cocoa prices settled mixed on Tuesday. NY cocoa gave up an early advance Tuesday and turned lower, while London cocoa fell from its best levels due...

Barchart

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Sugar Prices Pressured by Expectations of Stronger Brazil Sugar Production

October NY world sugar #11 (SBV25 ) today is down -0.15 (-0.92%), and October London ICE white sugar #5 (SWV25 ) is down -2.70 (-0.57%). Sugar prices today added to Monday's sharp losses, with NY sugar posting a 1.5-week low and London sugar posting a 1-week low. The outlook for...

Barchart

NY Cocoa Erases Early Gains on Signs of Weak Chocolate Demand

September ICE NY cocoa (CCU25 ) today is down -17 (-0.21%), and September ICE London cocoa #7 (CAU25 ) is up +90 (+1.72%). Cocoa prices today are mixed. NY cocoa gave up an early advance today and turned lower, while London cocoa fell from its best levels due to concerns...

Benzinga

This MGM Resorts Analyst Is No Longer Bullish Due To Las Vegas Slowdown, Rising Capex

Seaport Research Partners’ Vitaly Umansky downgraded MGM Resorts (NYSE:MGM) from Buy to Neutral, citing expected headwinds for gaming in both Las Vegas and U.S. regional markets this year.

Benzinga

GameStop Stock Is Climbing Monday: What's Going On?

Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a lack of specific news or catalysts for the session.

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Barchart

Sugar Prices Slump on Expectations of Stronger Brazil Sugar Output

October NY world sugar #11 (SBV25 ) on Monday closed down -0.45 (-2.68%), and October London ICE white sugar #5 (SWV25 ) closed down -13.50 (-2.77%). Sugar prices settled sharply lower Monday on the outlook for higher sugar production in Brazil. Datagro said Monday that dry weather in Brazil has...

Barchart

Cocoa Prices Finish Sharply Higher on Slowing Ivory Coast Cocoa Exports

September ICE NY cocoa (CCU25 ) on Monday closed up +356 (+4.56%), and September ICE London cocoa #7 (CAU25 ) closed up +192 (+3.80%). Cocoa prices settled sharply higher on Monday for a second session. The slower pace of cocoa exports from the Ivory Coast is a supportive factor for...

Barchart

Sugar Prices Retreat on the Outlook for Higher Sugar Output in Brazil

October NY world sugar #11 (SBV25 ) today is down -0.40 (-2.38%), and October London ICE white sugar #5 (SWV25 ) is down -12.40 (-2.54%). Sugar prices today are sharply lower on the outlook for higher sugar production in Brazil. Datagro said today that dry weather in Brazil has encouraged...

Barchart

Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows

September ICE NY cocoa (CCU25 ) today is up +272 (+3.49%), and September ICE London cocoa #7 (CAU25 ) is up +192 (+3.80%). Cocoa prices are sharply higher today for a second session. The slower pace of cocoa exports from the Ivory Coast is a supportive factor for prices. Today's...

Benzinga

Kevin O'Leary Advocates Entrepreneurship Over Consulting to Students: 'Why Would Anybody Burn All Those Hours While Someone Else Makes Money?'

Kevin O’Leary, the famed investor and star of “Shark Tank,” urged students at Harvard to forgo the traditional consulting route and instead establish their own businesses.

Barchart

Sugar Prices Settle Higher on Signs of Stronger Global Sugar Demand

October NY world sugar #11 (SBV25 ) on Friday closed up +0.08 (+0.48%), and October London ICE white sugar #5 (SWV25 ) closed up +3.70 (+0.76%). Sugar prices extended this week's gains on Friday, with NY sugar posting a 1.5-month high and London sugar posting a 1.75-month high. Signs of...

Barchart

Resilient North American Q2 Cocoa Demand Sparks Short Covering in Cocoa Futures

September ICE NY cocoa (CCU25 ) on Friday closed up +491 (+6.72%), and September ICE London cocoa #7 (CAU25 ) closed up +245 (+5.10%). Cocoa prices on Friday settled sharply higher after short covering emerged when North American Q2 cocoa grindings did not decline as much as those in Europe...

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