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  • DeVry reports 2Q loss Thursday, 4 Feb 2016 | 4:23 PM ET

    DOWNERS GROVE, Ill. _ DeVry Education Group Inc. on Thursday reported a fiscal second-quarter loss of $50.6 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share. Three analysts surveyed by Zacks expected $456.8 million.

  • NEW YORK, Feb 4- The U.S. dollar extended its plunge against major currencies on Thursday as traders sharply unwound bullish bets against the greenback on continued skepticism that the Federal Reserve would be able to hike interest rates this year. The euro rose more than 1 percent to its highest in 15 weeks at $1.12390 against the dollar, while the dollar fell...

  • Correction: Las Vegas-Pay To Park story Thursday, 4 Feb 2016 | 2:40 PM ET

    LAS VEGAS— In a story Feb. 2 about MGM Resorts International outsourcing its Las Vegas Strip parking operations to a Chicago- based firm, The Associated Press erroneously reported the title of MGM Resorts executive Corey Sanders. SP Plus Corp. will handle paid parking at all non-union MGM Resorts International properties, including Mandalay Bay, Delano, Monte...

  • CHICAGO, Feb 4- Wheat futures on the Chicago Board of Trade fell more than 1 percent on Thursday on disappointing U.S. export sales data, traders said. March corn was down 2 cents at $3.69 per bushel and March soybeans were down 2-3/ 4 cents at $8.74 a bushel. "The problem is, no matter what you look at, we've got plenty of everything," said Roy Huckabay with the Linn Group, a...

  • Rauner wants public-private deal to add lanes to I-55 Thursday, 4 Feb 2016 | 1:59 PM ET

    Bruce Rauner said Thursday that he wants lawmakers to approve a plan that would allow the Illinois Department of Transportation to use a public-private partnership to add lanes to a busy stretch of Interstate 55 in the Chicago area. But it also would require approval by the Democratic-controlled General Assembly at a time when lawmakers are sharply divided...

  • *Materials sector rallies as Wall St advances. NEW YORK, Feb 4- Global equity markets rose on Thursday as diminished expectations of U.S. interest rate hikes this year pushed the dollar lower, which in turned boosted the prices of commodities. "The market is starting to price in anything that is the reverse of the Fed tightening," said Andrew Slimmon, portfolio...

  • NEW YORK, Feb 4- As the long rout on world energy markets intensified in volatile trade in recent months, exchange operators have reaped benefits. On Thursday, the Atlanta- based exchange reported forecast-busting earnings for the fourth quarter due to its data business. "More people are paying attention to those prices and trying to figure out when to lock in low...

  • Grain higher, livestock higher Thursday, 4 Feb 2016 | 10:39 AM ET

    CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for March delivery was. 50 cent higher at $4.8040 a bushel; March corn was 1.25 cents higher at $3.7220 a bushel; March oats were. 50 cent higher at $1.97 a bushel; while March soybeans was 5.50 cent higher at $8.8240 a bushel. April live cattle was. 78 cent higher at $1.3653 a...

  • GrubHub tops Street 4Q forecasts Thursday, 4 Feb 2016 | 9:16 AM ET

    CHICAGO _ GrubHub Inc. on Thursday reported fourth-quarter profit of $11.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. For the current quarter ending in April, GrubHub said it expects revenue in the range of $109 million to $112 million.

  • Tribune Publishing gets $44.4M from Chicago investor Thursday, 4 Feb 2016 | 9:15 AM ET

    CHICAGO— Tribune Publishing, the troubled owner of the Chicago Tribune and other newspapers around the country, said it received a $44.4 million cash infusion from a Chicago investor who has a stake in its rival newspaper the Chicago Sun-Times. The company has expressed interest in bidding for some assets of Freedom Communications, the bankrupt publisher of...

  • PARIS/ SYDNEY, Feb 4- U.S. corn and soybeans edged higher on Thursday with support from a falling dollar, but favourable weather for South American crops helped keep prices shy of six-week highs hit this week. Trading was also subdued as investors awaited direction from weekly U.S. export sales and estimates of grain stocks in Canada, another leading grain...

  • NEW YORK— Dunkin' Donuts, feeling squeezed by a discounting fight in the fast-food industry, is planning to jump into the game with its own deals. Wendy's, for instance, launched a "4 for $4" deal in October, which Burger King later one-upped with a "5 for $4" offer. He compared the situation to politics, noting that presidential candidates such as Donald Trump and Bernie...

  • NEW YORK, Feb 4- As a deepening panic has swept across world energy markets in recent months, exchange operators have reaped benefits as trading volumes soared. The bumper volumes will likely be a hot topic of discussion when Atlanta- based ICE reports quarterly earnings on Thursday and its Chicago rival releases its numbers on Friday. The exit and entry has...

  • GRAINS-Soybeans firm, rebound from losses of 1 pct Wednesday, 3 Feb 2016 | 9:02 PM ET

    SYDNEY, Feb 4- U.S. soybeans rose on Thursday, rebounding from losses of 1 percent in the previous session, but face presure from forecast rains in Argentina that will relieve stress on crops. *Corn and soybeans under pressure from forecast beneficial rains in Argentina. *Informa Economics, a private analytics firm, on Wednesday raised its estimates of 2015/ 16 corn...

  • Chicago Public Schools sells bonds to keep doors open Wednesday, 3 Feb 2016 | 8:22 PM ET

    CHICAGO— Chicago Public Schools has sold $725 million in tax-exempt bonds it says will help get the district through the rest of the school year. Bruce Rauner criticized the sale, saying the district and Chicago's mayor have again "kicked the can" down the road. Ron DeNard, the district's vice president for finance, says borrowing money is never done lightly.

  • Sandeep Mathrani, chief executive of Chicago- based General Growth Properties Inc, which owns and leases retail mall properties, said on his company's earnings call with analysts on Tuesday that Amazon had plans to open "300 to 400 bookstores." Kevin Berry, the vice president of investor relations at General Growth, declined to elaborate further.

  • CHICAGO, Feb 3- Chicago's troubled public school system on Wednesday had to slash the size of one of the biggest "junk" bond offerings the municipal market has seen in years and agree to pay interest costs rivaling Puerto Rico's in order to lure investors into the deal. The Chicago Board of Education managed to sell only $725 million of an originally planned $795.5...

  • WASHINGTON, Feb 3- Legislation to bypass the U.S. Labor Department and have Congress set standards for brokers who give retirement advice passed a major committee on Wednesday and is now headed to the full House of Representatives. Last week, the Labor Department sent a revised proposal for an adviser rule to the White House's Office of Management and Budget.

  • Sandeep Mathrani, the chief executive of Chicago- based General Growth Properties Inc, which owns and leases retail mall properties, said on his company's earnings call with analysts on Tuesday that Amazon had plans to open "300 to 400 bookstores." Amazon opened a bookstore in its home city of Seattle in November. Amazon's bookstore in Seattle carries books...

  • Allstate tops Street 4Q forecasts Wednesday, 3 Feb 2016 | 4:57 PM ET

    NORTHBROOK, Ill. _ Allstate Corp. on Wednesday reported fourth-quarter profit of $489 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share. Allstate shares have fallen roughly 4 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen slightly more than 6 percent.