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Mar 2, 2016

U.S. Stock Market Future Indications Update - March 2, 2015: Futures Still Struggle as Oil Retreats.

marketwatch.com
 
Anora Mahmudova, Barbara Kollmeyer
 
U.S. stock-index futures followed oil prices lower and added to modest losses on Wednesday even as a report on private-sector hiring was stronger than economists had expected.

U.S Bureau of Economic Analysis News Release - March 2, 2016: Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the third quarter of 2015.

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the third quarter of 2015, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Overall, U.S. real GDP by state growth slowed to an annual rate of 1.9 percent in the third quarter of 2015 after increasing 3.8 percent in the second quarter. Retail trade; health care and social assistance; and agriculture, forestry, fishing, and hunting were the leading contributors to real U.S. economic growth in the third quarter.

The full text of the release on BEA's Web site can be found at http://www.bea.gov/newsreleases/regional/gdp_state/qgsp_newsrelease.htm

United States International Trade Commission News Releases Update - March 2, 2016.

March 2, 2016
News Release 16-024
Inv. No. 337-TA-987
Contact: Peg O'Laughlin, 202-205-1819
 
USITC Institutes Section 337 Investigation of Certain Hospital Beds and Components Thereof
The U.S. International Trade Commission (USITC) has voted to institute an investigation of certain hospital beds and components thereof.  The products at issue in the investigation are hospital beds having certain side rail and braking features.

Reuters | Tech - March 2, 2016: IBM Plans to Sell Up $150 million Worth of Lenovo Group Shares: IFR

reuters.com
 
HONG KONG Computing giant International Business Machines Corp (IBM) (IBM.N) plans to sell up to $150 million worth of shares in China's Lenovo Group Ltd (0992.HK), IFR reported on Wednesday, citing a term sheet of the deal sent to investors.

Reuters | Business - March 2, 2016: Deutsche Boerse CEO Touts Benefits of LSE Merger.

reuters.com
 
FRANKFURT Deutsche Boerse (DB1Gn.DE) sees the Frankfurt exchange and customers benefiting strongly should the German exchange operator merge with the London Stock Exchange (LSE.L), Deutsche Boerse's chief executive said on Wednesday.
The array of trading and services on offer in Frankfurt and London would not become more narrow as a result of the merger, Carsten Kengeter told a financial conference.

Banks would benefit from the merger of derivatives clearing activities because they would not have to put up as much collateral, Kengeter said.

"Market participants, including banks, would experience considerable cost savings," Kengeter said, adding that takeover rules limited his ability to comment on the merger discussions.
(Reporting by Jonathan Gould and Andreas Kroener; Editing by Victoria Bryan)

NYT First Draft on Politics - March 2, 2016: Donald Trump Rolls in a Race That Could Still Drag On by Maggie Haberman.

Wednesday, March 2, 2016

The New York Times

NYTimes.com/FirstDraft »

The New York Times

Wednesday, March 2, 2016

Donald J. Trump at a news conference at Mar-a-Lago, the private club he owns in Palm Beach, Fla., after his Super Tuesday victories. Gov. Chris Christie of New Jersey introduced him.
Donald J. Trump at a news conference at Mar-a-Lago, the private club he owns in Palm Beach, Fla., after his Super Tuesday victories. Gov. Chris Christie of New Jersey introduced him. Damon Winter/The New York Times
Donald Trump Rolls in a Race That Could Still Drag On
By MAGGIE HABERMAN

DealBook Today's Top Headlines - March 2, 2016: Shale Baron Is Charged in Rigging of Leases | Tenure Voting Could Shift Power Balance | SABMiller Sells Stake in Top Beer | Even Traders Are Confused by Stock Exchange Prices

 
Wednesday, March 2, 2016
TODAY'S TOP HEADLINES
By AMIE TSANG
SHALE BARON IS CHARGED IN RIGGING OF LEASES The Justice Department charged Aubrey K. McClendon, an Oklahoma wildcatter, with conspiring to suppress the prices paid for oil and natural gas leases, Clifford Krauss reports in The New York Times.

U.S. Stock Market Future Indications - March 2, 2016, by MarketWatch: U.S. Stocks Show Signs of Struggle as Oil Prices Pull Back

marketwatch.com
 
Barbara Kollmeyer
 
The best one-day gains since January for major U.S. stock indexes was looking like a hard act to follow on Wednesday, as stock futures followed oil prices lower in early action.

Bloomberg View - March 2, 2016: The Most Baffling Republican Sjuper Tuesday Ever.

bloombergview.com

Jonathan Bernstein
 
We’re going to need some time to digest what happened on Tuesday night on the Republican side.
Donald Trump won the most votes. He won the most states. He won the most delegates. But did he move closer to winning the nomination? That isn't so clear. FiveThirtyEight’s delegate maven, David Wasserman, said going in that “a disappointing night for Trump ... probably means anything less than 250” delegates won. It appears as if he's going to wind up a bit over 250. This is fewer than half the delegates up for grabs, however, so he's not moving closer to an overall delegate majority.

Asian Markets at Close Report on March 2, 2016, by Marketwatch: Asian Markets Come Out Swinging, Post Big Gains

marketwatch.com

Chao Deng 
Markets in Asia surged Wednesday, after signs of improvement in the U.S. economy helped restore investor confidence and ease jitters about weak global growth.

The Guardian | UK Media Briefing - March 2, 2016: Today's MediaStories From the Papers

theguardian.com

Top story on MediaGuardian

ITV upbeat on ad market ahead of Euro 2016
UK’s biggest advertiser-funded broadcaster reports an 18% rise in pre-tax profit and 15% rise in revenue