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  • Grain mostly lower , livestock higher Thursday, 22 Jan 2015 | 10:53 AM ET

    CHICAGO— Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was 1.25 cents higher at $5.38 a bushel; Mar corn was 2.50 cents lower at $3.8550 a bushel; Mar oats were unchanged at $2.90725 a bushel; while Mar soybeans lost 1.50 cents to $9.82 a bushel. Apr live cattle was. 93 cents higher at $1.5280 a pound; Mar...

  • Sweet home Chicago? Maybe not so much Thursday, 22 Jan 2015 | 10:14 AM ET
    Chicago

    Home prices are still rising in Chicago, but among the nation's 10 largest housing markets, price gains in the Windy City come in last.

  • Old Republic posts 4Q profit Thursday, 22 Jan 2015 | 9:27 AM ET

    CHICAGO _ Old Republic International Corp. on Thursday reported fourth-quarter earnings of $63.3 million. The Chicago- based company said it had profit of 23 cents per share. For the year, the company reported profit of $408.5 million, or $1.44 per share.

  • Jan 22- United Continental Holdings Inc provided a bullish outlook for the coming year on Thursday in part because of lower fuel costs, sending shares up even though its fourth-quarter profit fell short of expectations. "That would be starting off the year on a very, very strong note," said CRT Capital Group analyst Michael Derchin, adding that he could not recall...

  • Gatx beats 4Q profit forecasts Thursday, 22 Jan 2015 | 8:54 AM ET

    CHICAGO _ Gatx Corp. on Thursday reported fourth-quarter net income of $58.5 million. Gatx expects full-year earnings to be $5.15 to $5.35 per share. Gatx shares have declined roughly 6 percent since the beginning of the year.

  • Jan 22- United Continental Holdings Inc said on Thursday that its profit was $28 million last quarter, falling short of analysts' estimates. The Chicago- based airline earned $461 million, or $1.20 per diluted share, excluding $433 million in special costs largely from settling losing fuel hedges and from a voluntary buyout for flight attendants.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Jan 21- The chief executive of Tootsie Roll Industries Inc has died after more than half a century at the helm of the U.S. candy maker, sparking speculation that the company could soon be ripe for acquisition. Melvin Gordon died, aged 95, after a brief illness, according to a statement from the company he had headed since 1962. His wife, Ellen Gordon, takes over as chief...

  • Northern Trust beats Street 4Q forecasts Wednesday, 21 Jan 2015 | 12:17 PM ET

    Northern Trust on Wednesday reported fourth-quarter profit of $244 million.

  • CHICAGO— Melvin Gordon, who helped turn the enduring popularity of the humble Tootsie Roll into a candy empire, has died. The longtime Tootsie Roll Industries Inc. chairman and CEO died Tuesday in Boston after a brief illness, said Brooke Vane, a spokeswoman for the company's public relations firm. Gordon ran the Chicago- based confectioner for 53 years,...

  • Grain mixed, livestock lower Wednesday, 21 Jan 2015 | 11:07 AM ET

    CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was 5.50 cents higher at $5.4250 a bushel; Mar corn was 3 cents lower at $3.8725 a bushel; Mar oats were unchanged at $2.9025 a bushel; while Mar soybeans gained 4.50 cents to $9.8650 a bushel. Apr live cattle was. 47 cents lower at $1.5060 a pound; Mar feeder...

  • TREASURIES-Long bond prices gain, ECB meeting in focus Wednesday, 21 Jan 2015 | 9:24 AM ET

    NEW YORK, Jan 21- Thirty-year bonds rallied on Wednesday and the yield curve flattened as investors anticipated Thursday's European Central Bank meeting, when the ECB is expected to announce purchases of government bonds to fight deflation and try to kickstart growth. The potential size of the program is seen at around 600 billion euros, according to a Reuters...

  • Northern Trust beats Street 4Q forecasts Wednesday, 21 Jan 2015 | 7:45 AM ET

    CHICAGO— Northern Trust Corp. shares jumped Wednesday after the wealth management firm reported a much better-than-expected fourth-quarter profit. Analysts surveyed by Zacks Investment Research were anticipating earnings of 81 cents per share. Northern Trust posted revenue of $1.13 billion in the period, also topping forecasts.

  • Ron Johnson sought on Wednesday to revive the Wisconsin Republican's challenge to the federal health care overhaul, arguing before an appellate panel that he was indeed harmed by executive rules associated with the legislation. The oral arguments heard by three judges of the 7th U.S. Circuit Court of Appeals in Chicago centered on those rules, adopted after...

  • Andrew Cuomo called for big investments in transportation, a higher minimum wage and a new teacher evaluation system Wednesday in a sprawling address that laid out his priorities for 2015.. "New York is the state that leads, and it always has," Cuomo told a 2,200- person audience at the Empire State Plaza Convention Center. "While Washington fights and gridlocks, we...

  • NEW YORK— Shares of Orbitz Worldwide Inc. jumped to a 52- week high Tuesday after a news report said that the online travel company is considering selling itself. Bloomberg reported that Orbitz is working with a financial adviser to find potential buyers. Orbitz, based in Chicago, operates Orbitz.com, CheapTickets.com and other travel sites.

  • WASHINGTON, Jan 20- The U.S. National Futures Association may change its rules for how much leverage retail clients trading currencies can take on, a spokeswoman said on Tuesday, after last week's emergency rescue of broker FXCM. The Chicago- based NFA, which oversees the trading of retail foreign exchange products, said any chances would be to make sure that its...

  • *China data, QE prospects lift European shares. *China slows less than expected, IMF cuts global outlook. Crude oil prices fell after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted that prices could drop to $25 a barrel without supportive OPEC action.

  • US STOCKS-Wall St falls after IMF cuts growth outlook Tuesday, 20 Jan 2015 | 12:48 PM ET

    *FXCM plummets 90 percent, details loan agreement. NEW YORK, Jan 20- U.S. stocks fell on Tuesday after the International Monetary Fund lowered its growth forecasts for 2015 and 2016, though the move spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement. The upside to seeing less international growth is...

  • *Wall Street dips, as healthcare shares fall. *China data, QE prospects lift European shares. Crude oil prices fell after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted that prices could drop to $25 a barrel without supportive OPEC action.