BRIEF-Hopfed Bancorp Inc says On April 18, Elected Mark D. Alcott As A Director Of Of Co And Bank
* HOPFED BANCORP INC - ON APRIL 18, BOARDS OF CO, HERITAGE BANK USA, INC, CO'S UNIT, ELECTED MARK D. ALCOTT AS A DIRECTOR OF EACH OF COMPANY AND BANK
Market News Headlines
US CLO spreads widen as market flooded with supply after risk-retention rollback
NEW YORK, April 19 (LPC) - The flurry of new Collateralized Loan Obligation (CLO) issuance that followed a court decision to exempt such funds from risk-retention rules has started squeezing investor returns as spreads widen.
TREASURIES-Bump in long-dated yields ends two weeks of curve flattening
Yields on longer-dated maturities climbed modestly higher on Thursday after two weeks of rising less than shorter-dated bonds, retracing some of the yield curve's flattening. The previous nine continuous trading days of flattening follow a trend that began in mid-February. That trade was "well into oversold territory," suggesting the move is technical and that there is still ro
UPDATE 1-Canada energy minister: Ottawa still in talks with Kinder Morgan
Canada is still talking to Kinder Morgan Canada Ltd about financial aid for a pipeline, Natural Resources Minister Jim Carr said on Thursday, a day after the company said such help might not be enough.
UPDATE 1-Puerto Rico governor will not impose pension cuts sought by board
Puerto Rico Governor Ricardo Rossello said on Thursday that he would not implement pension cuts and changes to employment rules sought by the bankrupt U.S. territory's oversight board.
BRIEF-Penns Woods Bancorp Q1 Operating Earnings Per Share $0.69
* PENNS WOODS BANCORP, INC. REPORTS FIRST QUARTER 2018 EARNINGS
BRIEF-West Fraser Timber Says Ted Seraphim To Retire As CEO At End Of Q2 2019
* WEST FRASER TIMBER CO LTD - TED SERAPHIM'S PLAN TO RETIRE AS CHIEF EXECUTIVE OFFICER AT END OF Q2 OF 2019
FOREX-Dollar rises with higher U.S. yields, sterling slumps
The dollar gained against a basket of currencies on Thursday on higher U.S. bond yields and expectations of more rate increases from the Federal Reserve, while sterling fell to a near two-week low on perceived dovis
BRIEF-Nucor Says We Believe There Is Sustainable Strength In Steel End-Use Markets
* NUCOR CFO SAYS EARNINGS IN SECOND QUARTER OF 2018 ARE EXPECTED TO INCREASE SIGNIFICANTLY COMPARED TO THE FIRST QUARTER - CONF CALL
UPDATE 1-Time running out for euro zone reforms -officials
Time is running out for reforming the euro zone while the urgency of doing so for policymakers has been reduced due to a robust economic rebound in the single currency bloc, top European economic officials warned on Thursday.
Earlier
EPA inspector general opens new probe into Pruitt's travels
WASHINGTON The Environmental Protection Agency's inspector general will investigate agency Administrator Scott Pruitt's use of his official security detail on recent personal trips, the latest in a string of congressional, White House and internal probes into his spending on security and travel.