Market Roundup (BG, ADM, VZ, GOOG, BA)

According to Marshall Auerback, a renowned market analyst and commentator, the real reason why banks are not lending is the absence of creditworthy borrowers. However, policymakers persist to fight the Depression by focusing on deficit reduction, instead of working more on job creation. US grain merchants such as Archer Daniels Midland Company ADM, which has added about 5.91%, and Bunge Limited BG, which has climbed 5.99%, are the stocks that have benefited the most from Russia's ban on wheat exports. However, analysts feel that higher wheat prices will pose a challenge for cereal and bread producers, forcing them to slash costs elsewhere. Verizon VZ has rebuked today’s New York Times article that indicates that VZ is close to signing a deal with Google GOOG on web pay tiers through which companies can ensure that their content reaches online users faster. Verizon, however, said that the article "fundamentally misunderstands our purpose" and any suggestion of a business deal between the two companies is "entirely incorrect. Boeing BA customers have canceled orders for 26 new commercial aircraft valued at $5.8 billion this week. There have been reports earlier that Dubai Aerospace Enterprise may be forced to cancel their aircraft orders as their financial problems are worsening. Read more from Benzinga's Markets.