GO
Loading...

Illinois

More

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • Feb 26- Shares of department store chain J.C. Penney Co Inc tumbled 12 percent in after-hours trade on Thursday after it posted a surprise quarterly loss and forecast small margin improvements this year. J.C. Penney said sales at stores open more than a year rose 4.4 percent in the holiday quarter, the high end of its guidance for 3.5 to 4.5 percent growth, driven by...

  • Envestnet tops 4Q profit forecasts Thursday, 26 Feb 2015 | 6:21 PM ET

    CHICAGO _ Envestnet Inc. on Thursday reported fourth-quarter profit of $3.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Envestnet shares have risen 17 percent since the beginning of the year.

  • Power Solutions beats Street 4Q forecasts Thursday, 26 Feb 2015 | 5:46 PM ET

    WOOD DALE, Ill. _ Power Solutions International Inc. on Thursday reported fourth-quarter net income of $10.3 million, after reporting a loss in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Analysts expected $102.8 million, according to Zacks.

  • Feb 26- Department store chain J.C. Penney Co Inc reported a lower-than-expected quarterly adjusted profit as it discounted more during the holiday season and invested in store expansions. J.C. Penney posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share, a year earlier.

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • Feb 26- Department store chain J.C. Penney Co Inc reported a 3 percent rise in quarterly sales as demand for household goods, apparel and jewelry increased during the holiday shopping season. The company posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share a year earlier.

  • AllScripts reports 4Q loss Thursday, 26 Feb 2015 | 4:15 PM ET

    CHICAGO _ Allscripts Healthcare Solutions Inc. on Thursday reported a loss of $2.2 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. Analysts expected $358.8 million, according to Zacks.

  • Illinois plan would aid Exelon nuclear plants Thursday, 26 Feb 2015 | 2:25 PM ET

    SPRINGFIELD, Ill.— Power-producing giant Exelon Corp. rounded out a phalanx of Illinois lawmakers and business leaders who said Thursday that three nuclear power plants could close unless consumers chip in to reward them for producing environmentally-friendly electricity. The Exelon- backed plan was quickly derided as a "bailout" Thursday by a consumer...

  • CHICAGO— Millions of Americans have a big personal stake in next Wednesday's Supreme Court challenge to the nation's health care law: Can they legally continue to get subsidies to help pay for their insurance? Young and healthy, Ariana Jimenez is just the kind of person the health insurance system needs in order to keep costs down for everyone.

  • Titan International reports 4Q loss Thursday, 26 Feb 2015 | 11:15 AM ET

    QUINCY, Ill. _ Titan International Inc. on Thursday reported a loss of $53 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. Titan International shares have declined 6 percent since the beginning of the year.

  • Grain higher, livestock mixed Thursday, 26 Feb 2015 | 10:50 AM ET

    CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery unchanged at $4.9725 a bushel; May corn was 2.25 cents higher at $3.86 a bushel; May oats were unchanged at $2.6725 a bushel; while May soybeans gained 6.25 cents to $10.17 a bushel. April live cattle was 1.50 cents higher at $1.4835 a pound; March feeder...

  • Consolidated Communications posts 4Q loss Thursday, 26 Feb 2015 | 10:42 AM ET

    MATTOON, Ill. _ Consolidated Communications Holdings Inc. on Thursday reported a fourth-quarter loss of $10.7 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Consolidated Communications shares have fallen 24 percent since the...

  • Feb 25- It didn't take long for a big retailer to follow the lead of Wal-Mart Stores in raising minimum pay for workers. The announcement comes less than a week after Wal-Mart, the world's largest retailer, announced that it was giving half a million U.S. workers a raise, bringing its minimum hourly pay to $9 in 2015 and $10 next year. Analysts had predicted that other...

  • Broadwind reports 4Q loss Thursday, 26 Feb 2015 | 10:21 AM ET

    CICERO, Ill. _ Broadwind Energy Inc. on Thursday reported a loss of $5.2 million in its fourth quarter. The Cicero, Illinois- based company said it had a loss of 35 cents per share. For the year, the company reported that its loss narrowed to $6.2 million, or 42 cents per share.

  • Inteliquent tops Street 4Q forecasts Thursday, 26 Feb 2015 | 9:58 AM ET

    CHICAGO _ Inteliquent Inc. on Thursday reported fourth-quarter profit of $10.1 million. Inteliquent expects full-year revenue in the range of $215 million to $230 million. Inteliquent shares have fallen 19 percent since the beginning of the year.

  • LAKE FOREST, Ill.— Shares of Akorn Inc. jumped Thursday after the generic-drug maker's fourth-quarter results and its outlook for 2015 surpassed Wall Street expectations. Akorn said its net income and revenue more than doubled after it acquired two other companies, Hi-Tech Pharmacal and VersaPharm, and had 14 drugs approved during the year.

  • Report: Surge in Chinese investment raises fraud risks Thursday, 26 Feb 2015 | 9:02 AM ET

    The U.S.-China Economic and Security Review Commission raises questions about America's EB-5 visa program, which grants green cards to foreigners in return for investments of $1 million— or just $500,000 in high-unemployment or rural areas. The commission cites the case of a real estate developer indicted last year on charges of duping 290 Chinese...

  • Gogo reports 4Q loss Thursday, 26 Feb 2015 | 9:01 AM ET

    ITASCA, Ill. _ Gogo Inc. on Thursday reported a loss of $24.1 million in its fourth quarter. Gogo expects full-year revenue in the range of $490 million to $510 million. Gogo shares have climbed roughly 6 percent since the beginning of the year.

  • The Schaumburg, Illinois, company said it will spend cash to buy fellow pharmacy benefits manager Healthcare Solutions in a push to expand its presence in the workers' compensation market. Catamaran Corp. expects the deal to give it a complementary business platform and a new market of insurers and benefits administrators for its products.