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Top News & Analysis Illinois

  • CHICAGO, Nov 1- The big-bank dominated model for privately traded derivatives is broken and those in the futures business argue that the fix is in Chicago. The Libor revelations show that the banks have ``victimized'' buy-side firms. ``This is a transformational event.'' Going forward, ``I think the solution is going to be found in Chicago and the Chicago community.

  • Nov 1- Consolidated Edison Inc said Thursday most of its customers in New York City and Westchester County, New York, will have power back by Nov. 10-11, after Hurricane Sandy slammed into the U.S. East Coast earlier in the week, causing widespread damage and flooding. The New York utility said it expected to restore power in lower and mid- Manhattan by Saturday, Nov. 3.

  • Nov 1- Public Service Enterprise Group Inc, the biggest utility in New Jersey, said superstorm Sandy had caused severe damage to its infrastructure and it expected its losses to be material. Towns along the New Jersey shore took much of the brunt of Sandy, which barreled through the U.S.

  • Nov 1- Snow and rain and cooler temperatures helped ease suffering in drought-stricken areas of the United States over the last week, though some areas saw conditions grow worse, according to a climatology report issued Thursday.

  • NEW YORK/ LONDON, Nov 1- Arabica coffee futures dropped to the lowest level in more than four months on Thursday, on pressure from the firm U.S. dollar and as chart-based selling was triggered below the previous low, while robusta coffee was firm, sitting just above a six-month low.

  • Nov 1- Printing services provider RR Donnelley& Sons Co, which mistakenly filed Google Inc's earnings report ahead of schedule two weeks ago, said it has put measures in place to prevent any such incidents in the future.

  • Nov 1- Printing services provider RR Donnelley& Sons Co, which mistakenly filed Google Inc's earnings report ahead of schedule two weeks ago, said it has put measures in place to prevent any such incidents in the future.

  • Nov 1- About 4.7 million homes and businesses in 12 U.S. states remained without power early Thursday as utilities scrambled to restore service disrupted by Hurricane Sandy, U.S. Department of Energy data showed.

  • Nov 1- Public Service Enterprise Group Inc, the biggest utility in New Jersey, said superstorm Sandy had caused severe damage to its infrastructure and it expected its losses to be material.

  • CHICAGO-- CBOE Holdings Inc. reported a decline in its third-quarter profit but the exchange operator did better than most on Wall Street had expected and shares jumped Thursday. CBOE, which runs the VIX or "fear" index, also said it saw record volume in trading of VIX futures during the period.

  • CHICAGO, Nov 1- CBOE Holdings Inc will soon offer a new set of fee discounts to its most active traders to head off a recent decline in market share for single-stock options, its chief executive said on Thursday. CBOE has boosted fees on contracts it offers exclusively.

  • ZION, Ill.-- The Nuclear Regulatory Commission says it will update the public on decommissioning activities at the shuttered Zion Nuclear Power Station. The NRC says the public is invited to ask questions at a Thursday evening meeting at the Illinois Beach Resort and Conference Center.

  • Nov 1- Printing firm RR Donnelley& Sons Co reported third-quarter revenue that missed analysts' estimates, hurt by weak printing volumes, and it lowered its full-year forecast. For the full-year 2012, the company lowered its revenue forecast to $10.1 billion to $10.2 billion from its earlier forecast of $10.4 billion to $10.5 billion.

  • *Storm Sandy may cost industry 100,000 vehicle sales. DETROIT, Oct 31- U.S. auto sales are set to rise 11 percent in October, led by Toyota Motor Corp and Honda Motor Co which benefited from increased demand for compact cars as gasoline prices remained high across the country.

  • CHICAGO-- R.R. Donnelley& Sons Co.' s third-quarter net income dropped 55 percent as volumes and prices declined, with an extra hit from one-time charges like acquisition costs and the lack of a tax benefit from last year. R.R. Donnelley reported Thursday that it earned $71.4 million, or 39 cents per share, compared with $158 million, or 83 cents per share, a year ago.

  • TOKYO, Nov 1- Japan's Nikkei share average is expected to tread water on Thursday after month-end buying in the previous session took the index to close up for the month and ahead of the key U.S. jobs data on Friday.

  • *Storm Sandy may cost industry 100,000 vehicle sales. DETROIT, Oct 31- U.S. auto sales are set to rise 11 percent in October, led by Toyota Motor Corp and Honda Motor Co which benefited from increased demand for compact cars as gasoline prices remained high across the country.

  • NEW YORK, Oct 31- Corporate treasurers laid in extra cash reserves as the devastating storm Sandy approached the U.S. East Coast, to ensure they could meet payrolls, buy inventory and contend with other short-term needs after the storm hit.

  • *Third-quarter FFO 23 cents matches Wall St view. Improving retail sales and consumer confidence have been good news for mall owners, including Simon Property Group Inc and Macerich Co, which have seen stronger sales at their tenants' stores in the third quarter.

  • NEW YORK, Oct 31- Corporate treasurers laid in extra cash reserves as the devastating storm Sandy approached the U.S. East Coast, to ensure they could meet payrolls, buy inventory and contend with other short-term needs after the storm hit.