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Top News & Analysis Chicago

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  • President Barack Obama's healthcare reform law has helped fuel adoption of these arrangements. Baltimore- based CareFirst said growth in overall medical spending slowed to a rate of 2 percent, compared with annual increases averaging 7.5 percent before the program began in 2011.. CareFirst's medical home program covers just under 1.1 million people,...

  • GRAPEVINE, Texas— Three passengers were slightly hurt while evacuating an American Airlines jet after smoke was detected in the plane as it prepared to leave Dallas-Fort Worth International Airport. American spokeswoman Andrea Huguely says the crew of Flight 1658 deployed the emergency slides during Thursday's incident. Huguely says American officials...

  • Grain mixed, livestock higher Thursday, 30 Jul 2015 | 10:42 AM ET

    CHICAGO— Grain futures mixed Thursday in early trading on the Chicago Board of Trade. Wheat for September delivery was 1.50 cents lower at $4.9460 a bushel; December corn was 1.50 cents lower at $3.7660 a bushel; December oats were 2 cents higher at $2.42 bushel; while November soybeans 4.50 cents higher at 9.4760 cents a bushel. October live cattle was. 83 cent...

  • US stocks eke out tiny gains after erasing an early loss Thursday, 30 Jul 2015 | 10:16 AM ET

    NEW YORK— After starting the day broadly lower, U.S. stocks recovered nearly all of their losses by mid-afternoon Thursday and were trading near breakeven. A batch of disappointing results from Procter& Gamble, Facebook and others weighed on the market. NO SALE: Consumer products giant Procter& Gamble fell $3.20, or 4 percent, to $77.43.

  • President Barack Obama's healthcare reform law has helped fuel adoption of these arrangements. Baltimore- based CareFirst said growth in overall medical spending slowed to a rate of 2 percent, compared with annual increases averaging 7.5 percent before the program began in 2011.. CareFirst's medical home program covers just under 1.1 million people,...

  • Ares Commercial Real Estate posts 2Q profit Thursday, 30 Jul 2015 | 9:51 AM ET

    CHICAGO _ Ares Commercial Real Estate Corp. on Thursday reported second-quarter earnings of $9 million. Ares Commercial Real Estate expects full-year earnings to be $1.12 to $1.18 per share. Ares Commercial Real Estate shares have risen almost 5 percent since the beginning of the year.

  • July 30- Mondelez International Inc reported a better-than-expected quarterly profit, helped by lower costs, and the maker of Cadbury chocolate and Oreo cookies boosted its share buyback plan by $6 billion. Mondelez said it expects core net revenue to grow by at least 3 percent for the year, up from its prior forecast of at least 2 percent growth.

  • LKQ beats 2Q profit forecasts Thursday, 30 Jul 2015 | 9:00 AM ET

    CHICAGO _ LKQ Corp. on Thursday reported second-quarter net income of $119.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. Six analysts surveyed by Zacks expected $1.86 billion.

  • CME beats Street 2Q forecasts Thursday, 30 Jul 2015 | 7:24 AM ET

    CHICAGO _ CME Group Inc. on Thursday reported second-quarter profit of $265 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share. Eight analysts surveyed by Zacks expected $818.7 million.

  • *Corn, wheat up after previous session losses. SINGAPORE/ PARIS, July 30- Chicago soybeans gained more ground on Thursday, and have now risen 3.3 percent over three consecutive sessions, on concerns over a smaller planted area and ahead of the crop's key phase of development. Chicago Board of Trade August soybeans rose 1.0 percent to $9.93 a bushel by 1000 GMT, while...

  • CHICAGO, July 29- Chicago Mayor Rahm Emanuel on Wednesday proposed more than $2.5 billion of bond sales even as the city faces big budget deficits and the possibility that its already-low credit ratings could fall further. Under ordinances proposed to the city council, Chicago would sell up to $2 billion of senior lien general airport revenue bonds with $1.7...

  • *Brazil, Argentina seen offering soybeans in peak U.S. season. SINGAPORE/ BEIJING, July 30- South America's soybean exports are on track to dominate sales to top buyer China for a record period this year, threatening to displace U.S. exports during what is traditionally the peak sales time for rival North American shipments. For more than a decade, China has sourced...

  • Boeing expands Oklahoma City facility, business presence Wednesday, 29 Jul 2015 | 3:48 PM ET

    OKLAHOMA CITY— Boeing Co. broke ground Wednesday on a new $80 million, 290,000- square-foot building that will house about 800 new employees and be the third structure in the aerospace company's growing Oklahoma City campus. The Chicago- based Boeing also announced that the headquarters of the Global Services& Support unit's Aircraft Modernization and...

  • Grain lower and livestock mostly higher Wednesday, 29 Jul 2015 | 3:02 PM ET

    CHICAGO— Grain futures unchanged Wednesday in early trading on the Chicago Board of Trade. Wheat for September delivery was unchanged at $5.1075 a bushel; December corn was unchanged at $3.8550 a bushel; December oats were unchanged at $2.4225 bushel; while November soybeans unchanged at 9.4475 cents a bushel. October live cattle was unchanged at $1.4680 a...

  • With soybean yields largely determined in August and questions about the size of planted area, there is still uncertainty about the crop, said Terry Linn, analyst at The Linn Group in Chicago. Chicago Board of Trade August soybeans rose 10 cents or 1 percent to $9.84-3/ 4 a bushel at 9:56 a.m. CDT. September corn fell 5 cents or 1.3 percent to $3.70 a bushel, after...

  • TREASURIES-Prices lower ahead of Fed rate statement Wednesday, 29 Jul 2015 | 11:10 AM ET

    NEW YORK, July 29- U.S. "You are probably seeing some slight weakness, perhaps they are more optimistic, in a sense, that the Fed is going to go through with a September hike," said Dimitri Delis, fixed income strategist at BMO Capital Markets in Chicago. In mid-morning New York trade, the benchmark 10- year U.S.

  • Exelon beats 2Q profit forecasts Wednesday, 29 Jul 2015 | 8:12 AM ET

    CHICAGO— Exelon Corp. on Wednesday reported second-quarter net income of $638 million. Exelon expects full-year earnings in the range of $2.35 to $2.55 per share. Exelon shares have dropped 16 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 2 percent.

  • Jones Lang LaSalle beats Street 2Q forecasts Wednesday, 29 Jul 2015 | 7:45 AM ET

    CHICAGO _ Jones Lang LaSalle Inc. on Wednesday reported second-quarter net income of $90.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share. Jones Lang LaSalle shares have climbed 14 percent since the beginning of the year.

  • NEW YORK, July 29- Investors in U.S. municipal bonds are sitting on more cash than they have in years, in part because they're wary of the $3.7 trillion market at a time when interest rates are expected to rise. Between March 2014 and March 2015, cash rose by $6.2 billion to $31.9 billion, the biggest such jump in at least 10 years. "A lot of my investors who've been with me...

  • Littelfuse tops 2Q profit forecasts Wednesday, 29 Jul 2015 | 6:39 AM ET

    CHICAGO _ Littelfuse Inc. on Wednesday reported second-quarter earnings of $28.7 million. For the current quarter ending in September, Littelfuse said it expects revenue in the range of $211 million to $221 million. Littelfuse shares have dropped almost 6 percent since the beginning of the year.