Top News & Analysis Illinois

  • Shares of the diversified healthcare products maker rose 1.6 percent at $125.06 on the New York Stock Exchange after touching a new record high of $125.75. The company, which is the first major U.S. drugmaker to announce quarterly earnings, raised its 2016 sales forecast to a range of $71.5 billion to $72.2 billion, from $71.2 billion to $71.9 billion previously.

  • Shares of the diversified healthcare products maker rose 1.3 percent at $124.80 on the New York Stock Exchange after touching a new record high of $125.75. J&J, which is the first major U.S. drugmaker to announce quarterly earnings, raised its 2016 sales forecast to a range of $71.5 billion to $72.2 billion, from $71.2 billion to $71.9 billion previously.

  • SYDNEY, July 19- U.S. corn futures fell nearly 1 percent on Tuesday after the U.S. Department of Agriculture pegged the condition of the U.S. crop at above market expectations, though concerns over unfavourible weather provided a floor to losses. *USDA rated 76 percent of the corn crop as good to excellent, unchanged from a week earlier. *USDA rated 71 percent of the...

  • July 18- U.S. regulators are investigating whether Fiat Chrysler Automobiles NV had inflated vehicle sales figures, the company said Monday, following a lawsuit by Illinois dealers in January. The U.S. Securities and Exchange Commission and the Department of Justice are probing the way the Italian-American automaker reports vehicle sales to individuals,...

  • CHICAGO, July 18- U.S. corn futures firmed on Monday as forecasts for scorching heat this week in the Midwest, where the crop is pollinating, fueled concerns about yield prospects, traders said. At the Chicago Board of Trade, most-active December corn settled up 5 cents at $3.63-1/ 4 per bushel. November soybeans ended up 9 cents at $10.66-1/ 4 a bushel and September...

  • *Safety trades unwound after Turkey coup bid crushed. NEW YORK, July 18- U.S. stock prices rose on Monday, with the Dow Jones Industrial Average and S&P 500 posting record closes amid upbeat company earnings, while oil fell on worries about growing supply and traders brushing off a failed coup in Turkey. "We're now on to the next shiny new object and that's earnings...

  • NEW YORK, July 18- Oil prices settled down more than 1 percent on Monday after rising stockpiles of crude and refined fuel intensified fears another major glut was building up. Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data...

  • *Safety trades unwound after Turkey coup bid crushed. NEW YORK, July 18- U.S. stock prices rose on Monday, with the Dow Jones Industrial Average and S&P 500 hovering near record highs amid upbeat company earnings, while oil fell on worries about growing supply and traders brushing off a failed coup in Turkey. "We're now on to the next shiny new object and that's...

  • NEW YORK, July 18- Oil prices settled down more than 1 percent on Monday after rising stockpiles of crude and refined fuel intensified fears another major glut was building up. Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data...

  • NEW YORK, July 18- Oil prices settled down more than 1 percent on Monday after rising stockpiles of crude and refined fuel intensified fears another major glut was building up. Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data...

  • July 18- The U.S. Justice Department is investigating Fiat Chrysler Automobiles NV for fraud, Bloomberg reported, citing people familiar with the matter. Prosecutors are scrutinizing whether the carmaker violated U.S. securities laws, according to the report. While it was unclear what conduct was being investigated, the report follows a lawsuit that the owner...

  • July 18- Wall Street eked out gains on Monday as Bank of America's better-than-expected profit boosted optimism about the U.S. quarterly earnings season, but not by enough to send the Dow and the S&P 500 to fresh highs. SoftBank's $32 billion deal to buy British chip designer ARM Holdings lifted U.S. chip stocks, but that was pertly offset by a drop in energy stocks...

  • NEW YORK, July 18- Oil prices fell more than 1 percent on Monday after rising stockpiles of crude and refined fuel intensified fears of another major glut building. Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data said.

  • *Genscape reports Cushing stockpile build last week- traders. NEW YORK, July 18- Oil prices fell more than 1 percent on Monday as rising stockpiles of crude and refined fuel intensified fears of another major glut building. Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460...

  • July 18- Wall Street gained on Monday, with the Dow and the S&P 500 near record highs, as Bank of America's better-than-expected profit boosted optimism about U.S. corporate reports. The bank's shares rose 1.6 percent to $13.87, helping the S&P financial index gain 0.3 percent. "We're now on to the next shiny new object and that's earnings season," said Paul Nolte,...

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  • SINGAPORE/ PARIS, July 18- Chicago corn rose on Monday with the market snapping two sessions of declines as forecasts of hot and dry weather in the U.S. The Chicago Board of Trade most-active corn contract rose 0.4 percent to $3.59-3/ 4 a bushel by 1024 GMT, having lost 3.1 percent in the past two sessions. Wheat rose 0.9 percent to $4.28-1/ 2 a bushel and soybeans...

  • *Crude little changed, Turkey coup bid unlikely to hit supply. NEW YORK/ SINGAPORE, July 18- Gold slid one percent on Monday as investor jitters calmed following the failed coup attempt in Turkey, while oil prices edged higher with the turmoil unlikely to hit energy supplies. "Turkey is not a big oil producer nor consumer, and the oil market appears to be displaying...

  • SYDNEY, July 18- U.S. corn rose 1 percent on Monday, as forecasts for hot, dry weather across the Midwest increased concerns about yield loss at a crucial time for the crop's development. *The most active corn futures on Chicago Board Of Trade rose 1 percent to $3.61-3/ 4 a bushel, having closed down 1.8 percent in the previous session. *Weekly data from the U.S. Commodity...

  • SEATTLE, July 15- The Boeing Co marked its centennial on Friday with plans to sharpen its focus on innovation, including ambitious projects for supersonic commercial flight and a rocket that could carry humans to other planets. The enterprise established by William Boeing in a Seattle boathouse has faced numerous "bet the company" moments over its 10 decades to...