NEW YORK (AP) — Shares of NetApp Inc. slid to their lowest point in two-and-a-half years Thursday after the technology company disappointed investors with its outlook. (full story)
THOMASVILLE, Ga. (AP) — Flowers Foods Inc. reported Thursday that its fiscal first-quarter profit fell as its costs rose for flour, oil and sugar and for selling its goods. But the food maker's sales grew more than anticipated during the period and its shares jumped in trading Thursday. (full story)
MCLEAN, Va. , May 24, 2012 /PRNewswire/ -- A recent study commissioned by the USA TODAY Travel Media Group reveals that there is a unique continuum of how travelers consume news and information and how various platforms all play a role in their lives. The "Today's Connected Traveler" study results show that travelers desire an all-in-one resource that offers connections to content across platforms and even in a multiplatform world, newspapers are an expected part of the travel and hotel experience. The "Today's Connected Traveler" study was commissioned by USA TODAY's Travel Media Group in partnership with Latitude, an international research consultancy. (full story)
BERLIN (AP) — Germany's opposition leader said Thursday that Chancellor Angela Merkel has accepted the need to add a separate set of measures promoting growth to the European Union's treaty enshrining fiscal discipline. (full story)
GULF SPILL HANGOVER: An Associated Press examination of data from last year's commercial harvest along the Gulf — the first full year of fishing since the 2010 spill shows that seafood crops hit rock bottom in the Barataria estuary, the same place where some of the thickest waves of oil washed in when a BP well exploded in the Gulf of Mexico. (full story)
NEW ORLEANS (AP) — The Times-Picayune, one of the nation's oldest newspapers, is dropping its daily circulation after 175 years and plans to issue three printed editions a week starting in the fall. With the change, the newspaper would become the largest metro newspaper in the nation to drop daily circulation in this digital age. (full story)
SJ_LS831 St. Joseph, MO Thu, May 24, 2012 USDA Market News Service Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 11:45 AM Today's Reported Sales Volume: 2,000 Today�s Estimated Sales Volume: 5,000 Trading is very light in Eastern Nebraska. Few dressed sales... (full story)
LOS ANGELES (AP) — Even robots like to have fun. NASA's rover on Mars showed off its playful side by snapping a picture of its own shadow. It's the latest self-portrait since the rover, named Opportunity, landed on the red planet in 2004. (full story)
NW_PY037 Des Moines, IA. Thu. May 24, 2012 USDA Market News BROILER/FRYER: Daily Midwest Region Broiler/Fryers Whole bird prices are trending steady to lower. Offerings are moderate to heavy with very limited buyer interest. Retail and food service demand... (full story)
SV_LS145 Louisville, KY Thu May 24, 2012 USDA-KY Dept of Ag Market News Kentucky Weekly Livestock Summary. Receipts This Week Last Week Last Year 20,530 17,321 19,431 Supply: Slaughter Cows 10... (full story)
BSKYB BID: A lobbyist for Rupert Murdoch's News Corp. testified that he thought a U.K. government minister knew that one of his aides was providing Murdoch's company with information on its bid to take over the British Sky Broadcasting satellite network. The minister in question was not supposed to be in contact with interested parties. (full story)
HOUSTON (AP) — Kinder Morgan has completed its $20 billion acquisition of El Paso Corp., creating the largest operator of natural gas pipelines in the U.S. (full story)
Corn futures are trading lower with export sales at the lowest level of the last three years for this week. The trade was expecting corn export sales of 1.0-1.3 MMT this morning but USDA put the actual net sales at 156,100 MT for 2012/12 marketing year and 325,900 MT for 2012/13 marketing year or... (full story)
Soybeans are currently trading higher on both old and new crop. Futures are still above the 100 day moving average on old crop but below the average on new crop. Soybean meal and oil are also higher. The aggressive Chinese import campaign is having the desired effect on their domestic prices, but... (full story)
Wheat is trading are trading higher but off earlier session highs and trading near the lower end of their session price range. Traders were expecting export sales for last week at 330,000-550,000 MT. USDA put the actual figure at 72,400 MT for the tail end of the 2011/12 marketing year, a... (full story)
Cattle futures are trading off their highs but still plus for the day. Wholesale beef prices were higher this morning. Boxed beef prices were up $0.57 for Choice and $0.07 higher for Select. The wholesale market acts like that extra cooler inventory may not be available to the market. Beef export... (full story)
Lean Hogs are trading mixed with the June contract lower and other months higher. The Cutout has lost $2.94 so far this week with pork demand falling short of supply. Loins and Ribs typically peak out this week this time of year and make up a large portion of the demand market. Loins then... (full story)
Cotton prices are trading higher rebounding from the past three day sell off on some profit taking heading into the long weekend. Markets will be closed Monday in observance of Memorial Day. Futures hit a new two-year low this week, hurt by a stronger dollar and perception of a dramatically over... (full story)