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Top News & Analysis Illinois

  • NEW YORK, Feb 23- U.S. "There are more questions being raised in general across all markets about how deeply or quickly the new administration would have an impact on the economy," said Dominic Pappalardo, director of taxable portfolio management at McDonnell Investment Management in Oakbrook Terrace, Illinois. Treasury Secretary Steven Mnuchin spoke on...

  • *Eyes still on French politics as poll shows Le Pen gains. The dollar fell as much as 0.6 percent against the yen to a two-week low of 112.55 yen, while the euro rose as much as 0.4 percent against the dollar to $1.0595. Treasury Secretary Steven Mnuchin told Fox Business Network that any policy steps the Trump administration takes would likely have a limited impact...

  • Feb 23- U.S. stocks were buoyed on Thursday by gains in the energy sector and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States. Trump is scheduled to address a joint session of Congress on Feb. 28. "The market is willing to hang in there, so to speak, for now, waiting on it," said JJ Kinahan,...

  • CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for March delivery was 1.40 cents lower at $4.3960 a bushel; March corn was down. 40 cents at $3.7040 a bushel; March oats was up. 20 cent at $2.5260 a bushel while March soybeans lost 6.20 cents to $10.1640 a bushel. February live cattle was 1.55 cent higher at $1.2285 a...

  • CHICAGO, Feb 23- Illinois could face a shutdown of its state government after its biggest labor union representing state workers said on Thursday its members overwhelmingly voted in favor of a strike. Just over 80 percent of members voted in favor of allowing the union's bargaining committee to call a strike if "no other path forward can be found" in reaching a new...

  • CANNON BALL, N.D., Feb 23- More than a dozen of a dwindling number of protesters at a camp near the site of the Dakota Access pipeline were arrested on Thursday after defying a previous deadline set by authorities to vacate the Army- owned land. About a dozen Humvee vehicles had entered the camp and a helicopter hovered overhead, with more police officers and National...

  • CANNON BALL, N.D., Feb 23- The number of protesters at a camp near the site of the Dakota Access pipeline dwindled to around a dozen on Thursday, with those still there defying a previous deadline set by authorities to vacate the Army- owned land. Armored vehicles were parked near the camp in Cannon Ball, North Dakota, and members of the Army Corps of Engineers, which owns...

  • *USDA pegs U.S. 2017 soy plantings at record 88 mln acres. *USDA sees U.S. 2017 corn plantings down 4.3 pct from 2016. As of 11:15 a.m. CST, the Chicago Board of Trade March soybean contract was down 8-3/ 4 cents at $10.14 per bushel after dipping to $10.13-1/ 4, its lowest since Jan. 12.

  • LINCOLNSHIRE, Ill. _ Zebra Technologies Corp. on Thursday reported fourth-quarter net income of $17 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share. Eight analysts surveyed by Zacks expected $931.2 million.

  • *Eyes still on French politics as poll shows Le Pen gains. The dollar fell as much as 0.5 percent against the yen to a six-day low of 112.66 yen, while the euro rose as much as 0.3 percent against the dollar to $1.0587. "While it remains very difficult to pin down a fixed schedule for Trump tax reforms, it now appears anything phenomenal will now be delayed," said Adam Myers,...

  • TORONTO, Feb 23- Canada's main stock index rose on Thursday as energy company stocks were boosted by gains in oil prices, while higher prices for bullion lifted shares of gold miners. The energy group climbed 1.3 percent, as oil prices rose more than $1 a barrel after U.S. data showed a surprise decline in inventories, suggesting a global glut may be ending after...

  • LONDON, Feb 23- It's time to talk about the London Metal Exchange. To lose one senior office is unfortunate, to lose two in such quick succession suggests deeper tensions with the LME's owner Hong Kong Exchanges and Clearing, which has been trying to monetize its massive $2.2 billion investment in the London exchange. CME Group, which has historically only...

  • MATTOON, Ill. _ Consolidated Communications Holdings Inc. on Thursday reported fourth-quarter net income of $48,000. The Mattoon, Illinois- based company said it had profit of less than 1 cent on a per-share basis. Consolidated Communications shares have declined slightly more than 1 percent since the beginning of the year.

  • CHICAGO _ Lawson Products Inc. on Thursday reported a loss of $4.6 million in its fourth quarter. The Chicago- based company said it had a loss of 53 cents per share. Lawson Products shares have risen nearly 7 percent since the beginning of the year.

  • CHICAGO _ LKQ Corp. on Thursday reported fourth-quarter earnings of $86.3 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. Eight analysts surveyed by Zacks expected $2.28 billion.

  • *USDA expected to raise forecast for soybean plantings. *Corn, wheat edge down before USDA plantings outlook. The USDA is due to release updated planting forecasts at its two-day Outlook Forum that starts on Thursday, with the market expecting an increase in soybean sowing.

  • CHICAGO _ LSC Communications on Thursday reported net income of $9 million in its fourth quarter. LSC Communications expects full-year revenue in the range of $3.55 billion to $3.65 billion. LSC Communications shares have dropped 11 percent since the beginning of the year.

  • WASHINGTON— With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade lawmakers across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road. GM began by getting a bill passed last year on its home turf, in Michigan. This year, bills similar...

  • WASHINGTON— When a summer thunderstorm knocked out power to Scott Pruitt's home three years ago, the then-attorney general of Oklahoma reached out to a lobbyist for American Electric Power. The 2013 email exchange is one of dozens reviewed by The Associated Press that underscore the cozy ties between the new head of the Environmental Protection Agency and...

  • PEORIA, Ill.— Peoria Mayor Jim Ardis planned to open this year's State of the City speech by thanking Caterpillar Inc. for its longtime commitment to the central Illinois town, declaring "We wouldn't be Peoria without Caterpillar." It's been that way for decades in Peoria and in other company towns across the United States. Caterpillar's recent decision to move...