×

Top News & Analysis Chicago

  • Adj. profit of $0.48/ shr vs. est. *Forecasts FY adj. profit at high end or above $1.65- $1.70/ shr. The company, which makes Chef Boyardee pasta and Orville Redenbacher's popcorn, has been shifting focus to drive sales by adding more premium products to its brands while cutting back on discounting and increasing prices in some cases.

  • CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery was 2 cents lower at $4.2020 a bushel; May corn was down 1.20 cents at $3.5740 a bushel; May oats was down 3.20 cents at $2.4820 a bushel while May soybeans lost 4.40 cents to $9.9520 a bushel. April live cattle was. 78 cent lower at $1.2168 a pound; March...

  • CHICAGO _ ConAgra Foods Inc. on Thursday reported fiscal third-quarter earnings of $179.7 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Four analysts surveyed by Zacks expected $1.99 billion.

  • March 23- Conagra Brands Inc, the maker of Chef Boyardee pasta and Orville Redenbacher's popcorn, reported a better-than-expected quarterly profit on Thursday, as it cut down on unprofitable products and discounts. Net income attributable to the company fell to $179.7 million, or 41 cents per share, from $204.6 million, or 46 cents per share in the third quarter.

  • *The most active soybean futures on the Chicago Board Of Trade slipped 0.1 percent to $9.99 a bushel, having closed down 0.18 percent in the previous session. *The most active corn futures were unchanged at $3.58-3/ 4 a bushel, having closed down 0.7 percent on Wednesday, when prices hit a low of $3.58-1/ 4 a bushel, their lowest since Feb. 1. *The most active wheat futures...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • *OPEC inclined to extend cuts; wants non- OPEC participation. NEW YORK, March 22- Oil prices slipped on Wednesday to their lowest since late November, with Brent testing the $50 per barrel support, after data showed record high U.S. crude inventories rising faster than expected, raising doubts over the viability of OPEC- led output cuts. "The fact that this supply has...

  • Sears got its start more than 130 years ago as a mail-order watch seller. 1886— Richard Sears starts the R.W. Sears Watch Co. in Minneapolis. 1893— The company becomes Sears, Roebuck and Co..

  • NEW YORK, March 22- Most U.S. and European share indexes fell on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S. President Donald Trump and Republican congressional leaders struggled on Wednesday to get enough support in the House of Representatives to win...

  • CHICAGO— Workers dreaming of early retirement are getting the jitters as Washington debates replacing the Obama-era health care law with a system that could be a lot more expensive for many older Americans. Others who already left jobs with health benefits before reaching Medicare age are second-guessing their move to self-employment.

  • March 22- The S&P and the Nasdaq reversed course to climb higher in afternoon trading on Wednesday, as investors sought bargains a day after the major indexes posted their biggest one-day loss since before the election. "What we're seeing today is buyers being opportunistic and trying to gain entry into the overall market," said Robert Pavlik, chief market...

  • NEW YORK— The big snowstorm in the U.S. The period from December through February was the sixth-warmest winter on record, according to the National Oceanic and Atmospheric Administration, the U.S. government agency that compiles statistics about the weather. The average January temperature in the lower 48 states, which excludes Alaska and Hawaii, was 33.6...

  • CHICAGO— Grain futures were lower Wednesday in early trading on the Chicago Board of Trade. Wheat for May delivery was 2 cents lower at $4.2440 a bushel; May corn was down 1.20 cents at $3.60 a bushel; May oats was down. 40 cent at $2.5320 a bushel while May soybeans lost 4 cents to $9.9740 a bushel. April live cattle was 2.30 cents higher at $1.2220 a pound; March feeder...

  • *OPEC inclined to extend cuts, wants non- OPEC backing. *Rising U.S. production undermines OPEC reduction effort. "With U.S. crude stocks continuing to mount into record territory both in total and at Cushing following almost two months of OPEC production restraint, we feel that the odds of a gradual unraveling in the OPEC agreement have been increased...

  • DUBAI, United Arab Emirates— The president of Emirates, the Middle East's biggest airline, defended security measures at the carrier's Dubai hub on Wednesday and said the ban on personal electronics onboard U.S.-bound flights came without warning. Dubai was one of 10 cities in Muslim-majority countries affected by the new rule, which will force passengers to...

  • NEW YORK— Sears, a back-to-school shopping destination for generations of kids, has said that after years of losing money that there is "substantial doubt" it will be able to keep its doors open. It was still a dramatic acknowledgment from the chain that owns Sears and Kmart stores, which has long held fast to its stance that a turnaround is possible, even as many of its...

  • NEW YORK— As the indignities of modern air travel go, the latest ban on laptops and tablets on some international flights falls somewhere between having to take off your ratty shoes at the security checkpoint and having your baby food and milk tested for bomb residue. asked Kelsey Norman, a doctoral student who plans to fly home Friday to Los Angeles from Beirut—...

  • SINGAPORE, March 22- Chicago wheat slid for a third consecutive session on Wednesday, trading near the previous session's six-week low as forecasts for rain improved the prospects for the U.S. winter crop. The Chicago Board Of Trade most-active wheat contract fell 0.4 percent to $4.25 a bushel by 0255 GMT, having closed down 0.9 percent on Tuesday when prices hit...

  • SYDNEY, March 22- U.S. wheat fell for a third consecutive session on Wednesday, languishing near a six-week low touched in the previous session as weather forecasts called for crop friendly weather across key U.S. producing regions. *The most active wheat futures on the Chicago Board Of Trade fell 0.4 percent to $4.25 a bushel, having closed down 0.8 percent on...