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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 25, 2022
Page
8
Economists forecast a 1 percent rise in the National Association of Realtors pending home sales index for February after a three month decline. The index signals future demand as contract signings typically lead to sales by one or two months.
Economists forecast the University of Michigan index to drop to 59.7, marking a third straight monthly decline and the lowest reading since August 2011 amid high inflation and global tensions from Russia's invasion of Ukraine.
Baker Hughes shows the weekly U.S. rig tally at 663 with 524 drilling for oil and 137 for natural gas. The count holds as demand strengthens and supply concerns rise amid sanctions on Russia over its invasion of Ukraine.
Commodities edged lower with U S and Brent crude down about 2 percent. Natural gas and heating oil rose as gold and silver gained while copper slipped. In Parliament Huw Merriman warned it is untenable to claim lawbreaking with no regrets. Peter Hebblethwaite of P&O Ferries told lawmakers the firm fired 786 workers without consultation, choosing to ignore law and labor contracts.
The homebuilder reports first quarter profit of 34.38 dollars per share with a 1.65 drop or 4.6 percent decline, missing Wall Street estimates. Revenue also trails forecasts, coming in at 19.52 dollars per share.
Northrop says LMH moved patients to Therapy Services at Eudora Family Care and will update its website and social channels. Meridian Title Company, affected by the incident on the other side of American Family Insurance, reports the business remains open with only minor damages. Journal-World seeks comment from American Family Insurance.
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