Basic Materials

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DOW.N
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Scrutiny of Wall Street metals trade a 'positive' for CME -exec chairman

Aug 1 - CME Group Inc, the world's biggest futures exchange operator, is closely watching regulators' escalating scrutiny of Wall Street's commodity trading and could benefit if it resulted in increased futures trading, top officials said Thursday.

9:47am EDT

UPDATE 2-Barrick posts loss on big impairment charge, cuts dividend

TORONTO, Aug 1 - Barrick Gold Corp reported stronger-than-expected quarterly results on Thursday, sending its shares up as much as 5.6 percent even as it recorded a massive $8.7 billion impairment charge and cut its dividend by 75 percent.

Stocks, Markets, Earnings 9:45am EDT

UPDATE 2-Avon profit beats views; offer to settle bribe probe rejected

Aug 1 - Avon Products Inc reported higher-than-expected earnings on Thursday, helped by a jump in business in its biggest market, Latin America, but said its attempt to settle a bribery investigation was rebuffed.

UPDATE 1-Mechel sells ferroalloy assets to Yildirim for $425 mln

* Sells Kazakh, Russian chrome ore, ferrochrome assets to Yildirim

9:08am EDT

Clorox sales miss forecasts as it sells fewer items

Aug 1 - Clorox Co, best known for its namesake bleach, posted a higher quarterly profit on Thursday, aided by cost cuts and price increases that helped it mitigate declines in its home care and charcoal businesses and soft sales internationally.

Basic Materials
Monsanto Co $99.97 +1.20%
Dow Chemical Co $35.33 +0.83%
Praxair Inc $121.16 +0.82%

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