The deal would value American Greetings at around $581 million. American Greetings' shares fell 7 cents to close at $16.99 Friday. American Greetings' brands include Carlton Cards, Recycled Paper Greetings and Papyrus.
CLEVELAND-- Unemployment rates fell last month in nearly all of the battleground states that will determine the presidential winner, giving President Barack Obama fresh fodder to argue that voters should stick with him in an election focused squarely on the economy.
JOLIET, Ill.-- For the first time on a key Midwestern route between Chicago and St. Louis, an Amtrak passenger train topped 110 mph Friday, ripping through fog-shrouded farm fields and blowing past cars on a parallel highway. Illinois and the country was a wasteland when it came to high speed rail, "said U.S.
JOLIET, Ill.-- An Amtrak passenger train has reached a speed of 110 mph for the first time in Illinois. The five-car, two-locomotive train zipped through the central Illinois countryside, hitting its high speed between the towns of Dwight and Pontiac.
The state Department of Job and Family Services said Friday that seasonally adjusted joblessness in Ohio was 7 percent in September, down from 7.2 percent in August. The number of unemployed Ohio workers fell by about 7,000, from 413,000 in August to 406,000 last month.
PITTSBURGH-- A former Pittsburgh Steelers doctor who left the team after investigators questioned his bulk purchase of anabolic steroids has been indicted for illegally prescribing the muscle-building aids and other drugs.
Rates dropped in Ohio, Florida, Wisconsin, Colorado, Iowa, Nevada and North Carolina. They were unchanged in New Hampshire and Virginia. With just 18 days until Election Day, polls show GOP challenger Mitt Romney gaining momentum with voters in key states.
HIGH POINT, N.C.-- This year may be a turning point for the furniture industry, which has taken an especially hard hit during the recession as credit was limited and people put big-ticket purchases on hold to pay monthly bills.
Gov. John Kasich, (R-OH); Gov. Tom Corbett, (R-PA); and former Gov. Haley Barbour, (R-MS), discuss the key issues facing their states, including swing voters; energy and jobs creation; and avoiding the fiscal cliff.
PARMA, Ohio-- Lest anyone forget the importance of Ohio's white, working-class voters, President Barack Obama sent a clear reminder on Thursday. Clinton implored voters to reward Obama for bailing out the auto industry, which has deep roots in Ohio. Ohio is at the center of both Obama and Republican Mitt Romney's campaign strategies.
KeyCorp's rally may fade Friday, a day after better-than-expected third-quarter results pushed the bank's stock to near a 52- week high. After Thursday's 4.4 percent gain, KeyCorp shares are too expensive to merit a "Buy" rating, Citi Research analysts said in a note to clients Friday. KeyCorp closed Thursday at $8.78, up 14 percent this year.
NEW YORK-- The fungus found in tainted steroid shots matches the one behind the national meningitis outbreak that has killed 20 people, federal health officials said Thursday.
CHICAGO-- In a modest milestone for President Barack Obama's high-speed rail vision, test runs will start zooming along a small section of the Amtrak line between Chicago and St. Louis at 110 mph Friday. Transportation Secretary Ray LaHood and Illinois Gov.
HOUSTON-- Robbins& Myers saw its net income fall 9 percent in the fourth quarter, partly due to the costs from its $2.5 billion sale to National Oilwell Varco. Analysts expected Robbins& Myers to report net income of 98 cents per share and $276.2 million in revenue.
CLEVELAND-- Sherwin-Williams Co. said Thursday a quarterly dividend of 39 cents per share, payable on Nov. 30 to shareholders of record as of Nov. 16. In addition Sherwin-Williams's board voted to submit a proposal to shareholders to adopt a majority voting standard for electing board members in uncontested elections.
MINNEAPOLIS-- Officials have told school lunch programs across the country to check to see whether they have any Smucker's Uncrustables sandwiches that might contain peanut butter made by a New Mexico company that is being recalled because of potential salmonella contamination.
DETROIT-- Stan Ovshinsky, the self-taught inventor who developed the nickel-metal hydride battery used in the hybrid vehicle industry, has died at his home in suburban Detroit after a fight with cancer. His son, Harvey Ovshinsky, said his father was passionate about science and alternative energy, but also about civil rights and other social causes.