Sugar Rises to One-Week High on Speculation Ukraine Drought to Cut Supply

(Bloomberg) -- Sugar rose to a one-week high on
speculation that dry weather in Ukraine will curb the country's
sugar-beet production.

Ukraine has lost 780,000 hectares (1.9 million acres) of
planted grain area to a three-month drought. Ukraine, the
world's biggest exporter of barley, said June 21 the drought
will result in the smallest grain harvest in four years.


Read more at Bloomberg Commodities News

UPDATE 1-Airtran says second-quarter revenue likely fell

(Reuters) - In a government filing, the airline said its non-fuel costs
are expected to have fallen between 5.25 percent and 5.75
percent in the quarter.




Airtran, which has made a bid for rival Midwest Air Group
Inc. , said its load factors for the third quarter are
well ahead of the same period in 2006.


Read more at Reuters.com Mergers News

CHRONOLOGY-Boeing's path to the 787 Dreamliner

(Reuters) - 1910 - William E. Boeing buys shipyard in Seattle, which later becomes his first airplane factory




1917 - Boeing changes the name of Pacific Aero Products to the Boeing Airplane Co., making seaplanes for U.S. Navy


Read more at Reuters.com Business News

TREASURIES-Firm data bruises bonds ahead of jobs report

(Reuters) - NEW YORK, July 5 - U.S. government bonds fell on
Thursday after strong data on jobs and services dimmed
remaining hopes of a Federal Reserve rate cut anytime soon,
while markets braced for Friday's monthly employment report.




The Institute for Supply Management's gauge of the service
sector hit its highest in over a year, while a report on
employment in the private sector showed suprising strength.
Both releases sent bonds lurching lower. For details, see
[ID:nN05325462]


Read more at Reuters.com Bonds News

UPDATE 1-Dura Automotive to sell Atwood unit for $160 mln

(Reuters) - The deal, which needs U.S. Bankruptcy Court approval and is
subject to auction should competing bids emerge, would be a key
step in Dura's restructuring, the company said in a statement.
Dura hopes to exit bankruptcy in the fourth quarter.




Dura said Atwood Acquisition LLC, an affiliate of private
equity firm Insight Equity, expects to complete the deal by the
end of August.


Read more at Reuters.com Mergers News

Chile Stocks Fall as Economy Slows, Led by Endesa; Brazil's Usiminas Slips

(Bloomberg) -- Chile's main stock index fell the most
in almost a month on concern that shares have risen faster than
warranted by the country's economic growth.

Chile's IPSA index of 40 stocks fell a second day, shedding
38.35, or 1.1 percent, the most since June 7, to 3453.11 at 1:17
p.m. New York time, after slipping 0.2 percent yesterday. Power
producer Empresa Nacional de Electricidad SA led the retreat.


Read more at Bloomberg Stocks News

Investors pare Treasury allocations in week-survey

(Reuters) - On Thursday, the benchmark 10-year Treasury yield
was 5.13 percent, up from 5.11 a week ago but down
from 5.14 percent two weeks earlier.




Stone & McCarthy's market sentiment measures showed that
professional investors have turned slightly less bullish on
bonds, the Princeton, New Jersey-based firm said.


Read more at Reuters.com Bonds News