ADM said it is buying food flavors and specialty ingredients company Wild Flavors for 2.2 billion euros ($3 billion) in cash.» Read More
A report released Thursday by Irvine, Calif.- based RealtyTrac shows Illinois with 42,176 foreclosure filings from July through September. On a monthly basis, Illinois foreclosures dropped 20 percent in September compared to August. Arizona and California also have foreclosure rates higher than Illinois.
LAS VEGAS-- Nevada's foreclosure rate remains fifth in the nation after big drops in activity compared with last year. RealtyTrac reports Thursday that Nevada's September foreclosure rate is down 19 percent from August and down more than 75 percent from the same time last year. That rate fell behind Florida, California, Illinois and Arizona.
DES MOINES, Iowa-- The U.S. Department of Agriculture on Thursday slightly lowered its projection for the nation's corn crop for a fourth straight month, reflecting worse-than-expected news about the actual impact of this year's withering drought from the farmers busy harvesting their fields.
Oct 11- Focus Financial Partners LLC, a firm that has expanded by acquiring independent adviser teams across the United States, said on Th ursday it added a Chicago- based group with more than $500 million in client assets.
NEW YORK-- Alaska Airlines is buying 50 of Boeing Co.' s new 737 s in a deal worth $5 billion at sticker prices. Alaska, operated by Seattle's Alaska Air Group Inc., won't pay full price. The order includes 37 of Boeing's redesigned 737, which it calls the Max.
Opana, a powerful opioid painkiller containing oxymorphone, is produced by Endo Pharmaceuticals. The blood disorder, thrombotic thrombocytopenic purpura, resulted in kidney failure requiring dialysis in some cases and at least one death, the Food and Drug Administration said.
It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to a report Thursday by foreclosure listing firm RealtyTrac Inc..
Opana is produced by Endo Pharmaceuticals. The blood disorder, thrombotic thrombocytopenic purpura, resulted in kidney failure requiring dialysis in some cases, and at least one death, the Food and Drug Administration said. The FDA said problems appear to occur with Opana ER only when it is abused and injected intravenously.
TOKYO, Oct 11- Japan's Nikkei average is set to fall for a third straight session on Thursday on mounting concerns that the upcoming quarterly corporate earnings will be weak after a tame start to the U.S. results season.
Oct 10- PrivateBancorp Inc plans to raise about $200 million to repay the bailout funds it received from the U.S. PrivateBancorp will raise $75 million in an underwritten public offering of its common stock and the rest in debt, the company said. PrivateBancorp shares were down about 2 percent in extended trade.
CHICAGO-- Mayor Rahm Emanuel proposed a new city budget Wednesday that he says will put more police officers on Chicago's streets and more kids in early childhood education without raising taxes or fees. But he warned that without pension reform from Springfield, the financial gains the city has made "will go out the window."
WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.
NEW YORK-- If you are trying to figure out if small businesses are hiring, it depends on where you look. Just last Friday when the government was raising suspicious eyebrows with its report of a sudden drop in the unemployment rate so close to a presidential election, Andy Asbury was hiring a full-time employee to work at his Minneapolis real estate brokerage.
Oct 10- Arthur J. Gallagher& Co:. Arthur J. Gallagher& Co. today announced the acquisition of Coyle Insurance Agency, Inc., in Peoria, Illinois.
SMASHING SUCCESS: Farmers in a stretch of Illinois where most of the nation's pumpkins are grown say their crop is likely to be one of the few successes in a year when severe drought baked most of the nation's heartland.
WASHINGTON-- Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday. The Fed said growth improved in 10 of its 12 regional banking districts from mid-August through September, while leveling off in one region and slowing in another.
*AMG/Permira plan to split up Robeco- sources. *Robeco could fetch more than 2 bln euros- sources. is weighing three offers for its asset management arm Robeco, facing a choice between bids to split the 2 billion euro- plus business or sell it in one piece, people familiar with the situation said.
The weeklong program of panel discussions, speakers and demonstrations, which opened Monday, was the brainchild of Groupon co-founder Brad Keywell, who regards Chicago Ideas Week as a startup, albeit one that will never be publicly traded on Wall Street. The Chicago- based entrepreneur was briefly a billionaire after Groupon Inc.' s IPO last year.
NEW YORK-- Downbeat reports from Alcoa and Chevron at the start of a critical corporate earnings season pulled stock indexes lower for a third straight day Wednesday. Alcoa, the aluminum producer, beat Wall Street earnings estimates on Tuesday night but said it expects a slowdown in China to weaken demand for aluminum.
*Seller Rabobank evaluating the offers for Robeco- sources. *AMG/Permira plan to split up Robeco- sources. *Robeco could fetch more than 2 billion euros- sources.