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Top News & Analysis Illinois

  • Arabica coffee led the losses with a fall of 2 percent in New York, hit by a combination of weak demand, a huge, looming Brazilian crop and technical selling.

  • The FDA noted that the allegations, which date back to 2004, don't necessarily prove the drinks are linked to the deaths. The FDA caps the amount of caffeine in soda to 0.02 percent, but there is no such limit for energy drinks. Durbin and Blumenthal asked the FDA to look into the interactions between caffeine and the additives that are often found in energy drinks.

  • NEW YORK, Oct 26- Gold rebounded on Friday after data showed U.S. economic growth picked up in the third quarter, but the metal was heading for its first three-week losing streak in over a year on uncertainty over the future of the U.S.

  • *Improving crop weather in South America weighs. CHICAGO, Oct 26- U.S. soybeans slipped for a second straight day on Friday on signs of waning U.S. exports and improving crop weather prospects in South America that could lead to bumper output in Brazil and Argentina.

  • WAYZATA, Minn.-- Shares of TCF Financial Corp. rose Friday after the regional bank said its third-quarter net income tumbled 71 percent, hurt by hefty charges, but still managed to beat Wall Street predictions. Wayzata, Minn.- based bank posted a profit attributable to common shareholders of $9.3 million, or 6 cents per share, for the three months ended Sept. 30.

  • NEW YORK-- Shares of Monster Beverage Corp. slid again Friday after two U.S. senators asked federal regulators to fix what they say are loopholes that allow energy drink makers to sell products with additives and high levels of caffeine they say "have not been proven safe."

  • CHICAGO-- Medical real estate company Ventas Inc. said Friday that its funds from operations grew 12 percent in the third quarter, buoyed by acquisitions. Ventas invests in, manages, finances and leases real estate used by health care companies.

  • *Hours should be ``more restricted''- Bunge CEO. CHICAGO, Oct 26- CME Group's bid to cement its dominance in grain markets with longer trading hours may be backfiring, with some traders reducing activity and others including major merchant Bunge calling for a return to a shorter day.

  • HOFFMAN ESTATES, Ill.-- Mineral producer Amcol International posted a 6 percent decline in net income for the third quarter, partially as a result of tough comparisons to a prior-year period boosted by the sale of some assets.

  • NEW YORK-- Enrollments are still dropping at DeVry, but at a slower pace, helping the for-profit education company top analyst expectations in its latest quarter and driving up its shares Friday. THE SPARK: DeVry Inc. said late Thursday that fiscal first-quarter earnings came to 49 cents per share on revenue of $482.7 million.

  • TOKYO, Oct 26- Japan's Nikkei share average is expected to rise on Friday, supported by expectations of significant easing by the Bank of Japan, while investors appear to have priced in cuts to profit forecasts in the current earnings season.

  • NEW YORK, Oct 25- Brent crude futures edged higher on Thursday after seven straight sessions of losses, as the threat of Hurricane Sandy to East Coast gasoline and heating oil supplies lifted markets.

  • RIO DE JANEIRO, Oct 25- Brazilian mining company Vale SA plans to sell underperforming assets to control costs and boost profit, executives said on Thursday, a day after reporting weak earnings and halting work on a giant iron ore mine in the West African nation of Guinea.

  • BUENOS AIRES, Oct 25- Floods have severely delayed Argentine soy planting at a time when consumer nations are counting on the country to help control soaring grains prices by replenishing supplies, a key grains exchange said on Thursday.

  • RIO DE JANEIRO, Oct 25- Brazilian mining company Vale SA plans to sell underperforming assets to control costs and boost profit, executives said on Thursday, a day after reporting weak earnings and halting work on a giant iron ore mine in the West African nation of Guinea.

  • NEW YORK, Oct 25- Brent crude futures edged higher on Thursday after seven straight sessions of losses, as the threat of Hurricane Sandy to East Coast gasoline and heating oil supplies lifted markets.

  • NEW YORK-- Boeing said Thursday that it has acquired Miro Technologies, a privately held company that specializes in software to help manage logistical services. Miro will become part of the Global Services& Support business that falls under Boeing Defense, Space& Security, which is a unit of The Boeing Co. Financial terms of the acquisition were not disclosed.

  • *U.S. drought alters typical grain trading patterns- Bunge. CHICAGO, Oct 25- Bunge Ltd shares jumped on Thursday as the agribusiness giant doubled quarterly profits by mobilizing its global grain network to supply customers hit by the worst U.S. drought in more than 50 years.

  • *P&G profit of $1.06/ share tops expectations of 96 cents. Oct 25- Procter& Gamble Co's profit rose more than expected, indicating that the world's largest household products company is making progress in cutting costs and giving Chief Executive Bob McDonald a little relief after months of pressure.