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Top News & Analysis Illinois

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  • Arthur J. Gallagher misses Street 2Q forecasts Tuesday, 28 Jul 2015 | 4:51 PM ET

    ITASCA, Ill. _ Arthur J. Gallagher& Co. on Tuesday reported second-quarter net income of $139.3 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share. Arthur J. Gallagher shares have risen slightly since the beginning of the year.

  • Equity Residential reports 2Q results Tuesday, 28 Jul 2015 | 4:36 PM ET

    CHICAGO _ Equity Residential on Tuesday reported a key measure of profitability in its second quarter. The average estimate of 15 analysts surveyed by Zacks Investment Research was for funds from operations of 85 cents per share. Equity Residential expects full-year funds from operations to be $3.39 to $3.45 per share.

  • Mead Johnson paying $12M to settle US bribery charges Tuesday, 28 Jul 2015 | 2:02 PM ET

    The Glenview, Illinois, company neither admitted nor denied SEC allegations that it violated the Foreign Corrupt Practices Act, which prohibits bribery of foreign government officials or company executives to secure or retain business. The improper payments totaled more than $2 million from 2008 to 2013 and generated about $7.8 million in profits for the...

  • *Corn flat amid improving crop conditions. WINNIPEG, Manitoba, July 28- Chicago soybean and wheat futures bounced on Tuesday, rising on bargain-buying and short-covering after recent lows, while corn was steady. The USDA said 62 percent of the U.S. soybean crop was in good to excellent condition, same as last week but below the previous year's 71 percent.

  • The Education Department confirmed Tuesday that it would conduct a limited pilot program to give prisoners access to the Pell grants. The official announcement was scheduled for Friday, when Education Secretary Arne Duncan and Attorney General Loretta Lynch visit the Maryland Correctional Institution in Jessup, Maryland. The prison has a partnership...

  • Grain higher and livestock higher Tuesday, 28 Jul 2015 | 10:42 AM ET

    CHICAGO— Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for September delivery was 6 cents higher at $5.0840 a bushel; December corn was. 50 cent higher at $3.8420 a bushel; December oats were 1 cent higher at $2.40 bushel; while November soybeans were 10 cents lower at 9.4320 cents a bushel. October live cattle was 1.30 cents...

  • MADISON, Wis.— Republican presidential candidate Scott Walker said Monday he would shift most of the responsibilities of the U.S. Environmental Protection Agency to state-based regulators, leaving the EPA to serve as an "umbrella organization" that would resolve disputes between them. Like many Republicans, the Wisconsin governor is a vocal critic of the...

  • Shares in Atlanta- based United Parcel Service Inc rose more than 2 percent. Like main rival FedEx Corp, UPS is often seen as a bellwether of U.S. economic health. When reporting quarterly results in June, Memphis- based FedEx said lower fuel surcharges had cut into revenue.

  • GrubHub beats Street 2Q forecasts Tuesday, 28 Jul 2015 | 9:16 AM ET

    CHICAGO _ GrubHub Inc. on Tuesday reported second-quarter earnings of $9.4 million. For the current quarter ending in September, GrubHub said it expects revenue in the range of $85 million to $87 million. GrubHub shares have declined 15 percent since the beginning of the year.

  • Federal Signal posts 2Q profit Tuesday, 28 Jul 2015 | 8:15 AM ET

    OAK BROOK, Ill. _ Federal Signal Corp. on Tuesday reported second-quarter earnings of $18.3 million. Federal Signal expects full-year earnings in the range of 95 cents to $1.02 per share. Federal Signal shares have dropped slightly more than 9 percent since the beginning of the year.

  • Anixter International beats Street 2Q forecasts Tuesday, 28 Jul 2015 | 7:51 AM ET

    GLENVIEW, Ill. _ Anixter International Inc. on Tuesday reported second-quarter net income of $71.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share. Anixter International shares have declined 33 percent since the beginning of the year.

  • Heidrick & Struggles beats Street 2Q forecasts Tuesday, 28 Jul 2015 | 7:45 AM ET

    CHICAGO _ Heidrick& Struggles International Inc. on Tuesday reported second-quarter earnings of $5 million. For the current quarter ending in September, Heidrick& Struggles said it expects revenue in the range of $130 million to $140 million. Heidrick& Struggles shares have risen almost 3 percent since the beginning of the year.

  • *Wheat, soybeans up after deep losses. PARIS/ SINGAPORE, July 28- Chicago corn futures slid for a third consecutive session on Tuesday to a one-month low with pressure from ideal weather across the U.S. Wheat rose following a drop to one-month lows on Monday while soybeans firmed after shedding nearly 6 percent over the last three sessions.

  • Navigant beats Street 2Q forecasts Tuesday, 28 Jul 2015 | 7:15 AM ET

    CHICAGO _ Navigant Consulting Inc. on Tuesday reported second-quarter net income of $7.8 million, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Four analysts surveyed by Zacks expected $207 million.

  • TULSA, Oklahoma, July 28- The rebound in U.S. jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sun belt hubs like Florida pick up the slack. Riding the shale oil and gas boom, Texas, Louisiana, Oklahoma and three other states made an outsized...

  • BOSTON— Some U.S. colleges with overseas-study programs won't touch Ukraine. Tufts University, on the other hand, is drawn to the turmoil in the former Soviet republic, which the U.S. State Department deemed dangerous for travel. The potential to help activists and scholars, Tufts professor Peter Levine says, outweighs the risks posed by an unstable country.

  • JBT posts 2Q profit Monday, 27 Jul 2015 | 5:51 PM ET

    CHICAGO _ John Bean Technologies Corp. on Monday reported second-quarter profit of $14.4 million. On a per-share basis, the Chicago- based company said it had net income of 48 cents. Keywords: John Bean, Earnings Report.

  • Knowles reports 2Q loss Monday, 27 Jul 2015 | 4:45 PM ET

    ITASCA, Ill. _ Knowles Corp. on Monday reported a loss of $16.1 million in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Four analysts surveyed by Zacks expected $249.8 million.

  • CHICAGO, July 27- Chicago Board of Trade corn and soybean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the U.S. "The perception is the crops are stabilizing, if not improving in some areas," said Tom Fritz, analyst at EFG Group. Corn posted the biggest decline, with the front-month contract shedding 4.8...

  • TOKYO, July 27- The president of Mitsubishi Motors Corp said Japan, Southeast Asia and Russia will become the automaker's principal production hubs after it quits making cars in the United States later this year because of dwindling sales there. "Japan, ASEAN, and Russia will be the main points of production for our company," said Tetsuro Aikawa, president and chief...