Standard & Poor's Ratings Services has cut its long-term corporate credit rating on Steel Authority of India Ltd. (SAIL) to 'BB+' from 'BBB-'. S&P then withdrew the rating at the company's request.
CME Group Inc. (NASDAQ: CME) has reported revenues of $732 million and operating income of $412 million for the second quarter of 2014.
Output in the United States, in the first half of 2014, has also outstripped our previous forecast. The annual outturn for the year is now predicted at 2.1 million tons, an increase of 3.4 percent over the 2013 figure.