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Top News & Analysis Illinois

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  • NEW YORK— The drugmaker Pfizer says it has completed its roughly $15 billion purchase of the injectable drugmaker and infusion device maker Hospira, expanding its product offerings in a growing medical market. The deal, first announced in February, gives Pfizer a leading position in the global market for injectable drugs, including a new class of lower-cost...

  • *Chicago, Paris wheat fall to fresh contract lows. CHICAGO, Sept 3- U.S. wheat futures sank to multiyear lows on Thursday, weighed down by ample supplies and weak demand for U.S. exports, traders said. Egypt's government buyer is holding an import tender on Thursday and traders are waiting to see if Black Sea origins continue their clean sweep of sales this season.

  • NEW YORK— The television network that gets the most praise from an advocacy group that monitors content featuring gays, lesbians and transgender people has "family" in its name and targets an audience of teenage girls and young women. "We feel it is our responsibility to our viewers to reflect the world that they live in and it's a diverse world," said Karey Burke,...

  • Sept 3- Sam's Club, the membership warehouse club division of Wal-Mart Stores Inc, said on Thursday it has tied up with online car-shopping site TrueCar Inc in an effort to boost its auto business. Sam's Club said in a statement that the tie-up would give its members access to more than 10,000 TrueCar dealers and guaranteed savings off the manufacturer's...

  • CHICAGO, Sept 3- CVS Health Corp said on Thursday its decision to stop selling tobacco products last year led to a 1 percent decrease in cigarette sales in some states where the drugstore chain has a sizeable presence. The September 2014 decision hurt sales, with general merchandise revenue at CVS pharmacies open at least a year falling 7.8 percent in the second...

  • *Soybeans steady as China worries ease. PARIS/ SINGAPORE, Sept 3- U.S. and European wheat futures slipped to new contract lows on Thursday as a tender by top importer Egypt kept attention firmly on stiff competition in well supplied export markets. Soybeans inched higher as investor worries about China, the world's biggest soybean buyer, abated.

  • CHICAGO/ NEW YORK, Sept 2- The closure of two ethanol plants this week and proposed sale of a third highlight the growing challenges faced by small producers located far from cheap feedstock supplies in the U.S. The biggest producers such as No. 1 Archer Daniels Midland Co and Green Plains Inc said they have benefited this summer from better-than-expected fuel...

  • CHICAGO _ Methode Electronics Inc. on Thursday reported fiscal first-quarter profit of $23.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. Four analysts surveyed by Zacks expected $210 million.

  • In the wake of a half-dozen fiery crashes this year, The Associated Press surveyed nearly a dozen cities with populations of more than 250,000 to gauge how prepared they are to respond to an oil-train derailment. —Variety of tabletop exercises and training exercises have taken place in and around Chicago involving railroads, first responders and government...

  • After a series of fiery crashes, The Associated Press conducted a survey of nearly a dozen big cities that, collectively, see thousands of tank cars each week, revealing a patchwork of preparedness. The AP surveyed emergency management departments in Chicago; Philadelphia; Seattle; Cleveland; Minneapolis; Milwaukee; Pittsburgh; New Orleans; Sacramento,...

  • *Chicago Board Of Trade December wheat fell to $4.76-1/ 2 a bushel, matching a contract low touched on Monday and Wednesday, and was trading down 0.4 percent at $4.77-1/ 4 a bushel 0047 GMT. Wheat closed down 1.5 percent on Wednesday. *Wheat under pressure amid abundant supplies and dim U.S. export prospects.

  • CHICAGO, Sept 2- Illinois is eyeing a return to the U.S. municipal bond market this year after an absence of more than 15 months, even as the state struggles to address its many fiscal problems. Illinois last sold bonds in May 2014 with a $750 million general obligation bond issue. "If you throw out Puerto Rico, Illinois is by far the worst state in the nation," said Nick...

  • CHICAGO, Sept 2- U.S. wheat futures sank on Wednesday, weighed down by signs of abundant supplies and dim prospects for U.S. exports, traders said. The front-month K.C. hard red winter wheat contract shed 2.5 percent and hit its lowest in more than eight years, while the most actively traded Chicago Board of Trade December soft red winter wheat contract touched...

  • Illinois eyes bond sale this year, hires debt director Wednesday, 2 Sep 2015 | 2:23 PM ET

    CHICAGO, Sept 2- Illinois is eyeing a return to the U.S. municipal bond market this year after an absence of more than 15 months, even as the state struggles to address its many fiscal problems. Illinois last sold bonds in May 2014 with a $750 million general obligation bond issue. An impasse between Rauner and Democrats who control the House and Senate has left...

  • CHICAGO, Sept 2- U.S. wheat futures sank on Wednesday, weighed down by signs of abundant supplies and dim prospects for U.S. exports, traders said. The front-month K.C. hard red winter wheat contract shed 2.8 percent and hit its lowest in more than eight years, while the most actively traded Chicago Board of Trade December soft red winter wheat contract flirted with...

  • CHICAGO, Sept 2- Truck and engine maker Navistar International Corp on Wednesday reported its 12th consecutive quarterly loss and said it could face regulatory enforcement action for its disclosure practices, sending its shares down nearly 7 percent. Navistar said it received Wells notices from the U.S. Securities and Exchange Commission that recommended...

  • Grain mixed, livestock mixed Wednesday, 2 Sep 2015 | 10:39 AM ET

    CHICAGO— Grain futures were mixed in early trading Wednesday on the Chicago Board of Trade. Wheat for December delivery lost 5.50 cents to $4.8060 a bushel; December corn was 1 cent lower at $3.68 a bushel; December oats were 2.50 cents higher at 2.2640 a bushel; while November soybeans gained 1.50 cents to 8.7560 a bushel. October live cattle was. 40 cent lower at...

  • Navistar slumps after saying SEC may file lawsuit Wednesday, 2 Sep 2015 | 7:30 AM ET

    LISLE, Ill.— Truck and engine maker Navistar said Wednesday the federal government may take action against the company in a dispute over environmental certification of heavy-duty diesel engines. Navistar said it received "Wells Notices" from the SEC on Aug. 13 and 17, which means the SEC's investigators are recommending that the agency take civil action...

  • BILLINGS, Mont.— U.S. transportation officials on Wednesday offered $10 million in grants for states to upgrade highway-rail crossings and tracks in response to a recent surge in flammable fuel shipments. The announcement from the U.S. Department of Transportation comes as rail crossing collisions have increased over the past several years, following more...

  • SYDNEY, Sept 2- U.S. soybeans edged higher on Wednesday, gaining back some ground after losing 1.5 percent a day earlier but concerns about slowing economic growth and market woes in China- the world's largest importer of soybeans- continued to weigh on sentiment. *Soybeans snapped a three-session winning streak on Tuesday, sparked by a report that showed that...