Top News & Analysis Illinois

  • *Industrial rise on planned U.S.- China trade talks. The planned lower-level trade talks between the United States and China later this week boosted optimism in some sections of the market, with the trade-sensitive industrial sector up 0.55 percent. "Markets are reacting mostly to trade talks, although the Nasdaq seems to be off because the tech sector has seen...

  • *Soy up 1 pct on hopes U.S.- China talks will revive trade. PARIS/ SINGAPORE, Aug 20- Chicago soybean futures rose 1 percent on Monday as investors pinned hopes on upcoming talks between Washington and Beijing to defuse trade tensions and help revive U.S. soy shipments to the world's biggest importer of the oilseed. China last year bought shipments from the United...

  • SINGAPORE, Aug 20- Chicago soybean futures climbed more than 1 percent on Monday as traders expect China to resume purchases of U.S. cargoes after planned talks between the two nations. Soybeans are drawing support after the Wall Street Journal reported last week that the United States and China are working on a plan to resolve their trade dispute by November.

  • SYDNEY, Aug 20- U.S. wheat futures fell on Monday, easing after gains of more than 3 percent in the previous session when prices hit an 11- day high, although losses were checked by concerns that Russia may limit exports. *The most active wheat futures on the Chicago Board Of Trade were down 0.7 percent at $5.75-3/ 4 a bushel by 0156 GMT, having closed up 3.2 percent on...

  • **FRANKFURT- Bundesbank president Weidmann speaks in Frankfrut 1600 GMT. KINGSPORT, Tennessee- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on the economic outlook before a fireside chat of the Johnson City, Kingsport, and Bristol Chamber of Commerce- 1500 GMT. FRANKFURT- Bank of Canada Senior Deputy Governor Carolyn Wilkins participates in...

  • ST. LOUIS— Parts of Missouri are so dry that corn crops are suffering and hay for cattle is in short supply, with water becoming increasingly scarce, experts say. Missouri has had below-average rainfall since winter. Drought Monitor map shows that nearly all of Missouri is experiencing drought, with several counties in the northwestern part of the state facing "...

  • **FRANKFURT- Bundesbank president Weidmann speaks in Frankfrut 1600 GMT. KINGSPORT, Tennessee- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on the economic outlook before a fireside chat of the Johnson City, Kingsport, and Bristol Chamber of Commerce- 1500 GMT. FRANKFURT- Bank of Canada Senior Deputy Governor Carolyn Wilkins participates in...

  • NEW YORK, Aug 17- The Chicago Teachers' Pension Fund's board of trustees voted on Friday to phase out investments in companies that run private prisons or immigrant detention centers, saying the businesses have an outsized negative impact on minorities and the poor. The Chicago public school teachers pension fund follows in the footsteps of New York City...

  • WASHINGTON, Aug 17- A company owned by Elon Musk that is trying to lower the cost of building high-speed transit tunnels has asked the Trump administration to exempt it from tariffs for some Chinese-made tunnel boring machine components, warning the tariffs could significantly delay a planned tunnel between New York and Washington. The company said for...

  • *Traders say Russia to consider limits, agriculture ministry denies. CHICAGO, Aug 17- U.S. wheat futures jumped to their highest prices in more than a week on Friday, supported by concerns that Russia may consider curbs on grain exports, traders said. Talk of potential limits on shipments from Russia, the world's top wheat exporter, fueled worries about tightening...

  • CHICAGO, Aug 17- Deere& Co on Friday offered an optimistic forecast for the U.S. farm economy amid an escalating tariff war with China and other big trade partners as its quarterly profit missed estimates on higher raw material and freight costs. The trade showdown has depressed U.S. farm commodity prices as China and other trading partners target agricultural...

  • NEW YORK, Aug 17- The summer roller-coaster in two of the four big-cap' FANG' names- Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc- has led to a shift, albeit slight, into value stocks. Funds that follow a value investing strategy attracted $791 million in July and August, reversing a trend in the first half of the year, when investors withdrew...

  • MORTON GROVE, Ill. _ Lifeway Foods Inc. on Friday reported second-quarter profit of $170,000. On a per-share basis, the Morton Grove, Illinois- based company said it had profit of 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • CHICAGO, Aug 17- Deere& Co's profits in the third quarter missed Wall Street estimates on higher raw material and freight costs, sending shares 3.3 percent lower. It is "confident" it would deliver adjusted net income of $3.1 billion in the fiscal 2018, it said in its Friday quarterly report, versus $2.2 billion in fiscal 2017.. JP Morgan analysts said that would...

  • CHICAGO, Aug 17- U.S. tractor maker Deere& Co's profits in the third-quarter missed Wall Street estimates on higher raw material and freight costs, sending shares sharply lower in premarket trading. Adjusted profit in the latest quarter totalled $2.59 per share, lower than the average analyst estimate of $2.75. If the forecast materializes, analysts at JP Morgan...

  • CHICAGO, Aug 17- U.S. tractor maker Deere& Co on Friday reported a third-quarter profit that missed analysts' estimates on higher raw material and freight costs, sending shares down 4.4 percent in premarket trading. Adjusted profit in the latest quarter totaled $2.59 per share, lower than the average analyst estimate of $2.75. Net income attributable to the...

  • *Soybeans edge down after Thursday rally on China hopes. PARIS/ LONDON, Aug 17- Chicago wheat rose sharply on Friday, rebounding from an earlier fall, after news that Russia's agriculture ministry had discussed export volumes with traders, fueling market fears of curbs on shipments from the world's biggest wheat supplier. There have been market rumors in recent...

  • MOSCOW, Aug 17- Russia's agriculture ministry said it held a meeting on Friday with grain exporters to discuss export volumes of grains. Russia is one of the world's leading grain exporters with massive sales especially of wheat to regions including the Middle East, Africa and Asia. Chicago wheat rose sharply after the news, as the United States and the European...

  • MOLINE, Ill.— Deere& Co. on Friday reported fiscal third-quarter profit of $910.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.77 per share. Five analysts surveyed by Zacks expected $9.17 billion.

  • *Levies on agricultural products hit Iowa farmers. DES MOINES, Iowa, Aug 17- Warren Bachman, a 72- year-old Iowa soybean farmer, is one of many who turned Clarke County into Donald Trump country, as the Republican president took 61 percent of the votes in 2016 in a county that went for Democrat Barack Obama four years earlier. I am afraid we are close to seeing a repeat of...