Major earnings:Hewlett-Packard Co., Tyson Foods Inc.
Filed under: Uncategorized
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Nov. 19, 2010 at 5:30 a.m.
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Filed under: The day ahead in business
Major earnings: H.J. Heinz Co.
Events: U.S. Federal Reserve Chairman Ben Bernanke gives speech in Frankfurt, followed by panel discussion with ECB President Jean-Claude Trichet and IMF chief Dominique Strauss-Kahn.
Lawmakers hit banks, regulators on foreclosures
Lawmakers pressed major banks and federal regulators on Thursday to explain how they allowed faulty paperwork problems to fester into a controversy that could slow home sales and raise costs for new borrowers. Get the full story »
Nov. 18, 2010 at 5:30 a.m.
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Filed under: The day ahead in business
Reports: Weekly jobless claims, 7:30 a.m.; Freddie Mac, releases weekly mortgage rates; Leading indicators for October, 9 a.m.
Major earnings: Dell Inc., Gap Inc., Sears Holding Corp., Staples Inc.
Nov. 17, 2010 at 10:30 p.m.
Filed under: Chicago Forward: Stocks strong in 2011, not jobs
The stock market is poised to perform well in 2011, but the job market … not so much. That was economic outlook offered by several Chicago-area business experts at a forum Wednesday evening, where some also demanded that city and state politicians tackle swelling fiscal problems.
“I spend a lot of time talking with [company executives] and almost without exception in the last six weeks of the earnings season, the calls have been going better and better,” said John Rogers Jr., chairman and chief executive officer of Ariel Investments. “The CEOs seem more confident, the balance sheets are strengthened and they are starting to talk about hiring again.” Get the full story »
Nov. 17, 2010 at 12:35 p.m.
Filed under: Continental adds new Chicago-Florida flights
Just in time for spring break, Continental Airlines is launching service from Chicago’s O’Hare International Airport to Ft. Lauderdale and West Palm Beach.
Merger partner United Airlines had pulled out of those markets in 2008, as part of a broader plan to ground its Boeing 737 fleet, leaving Southwest Airlines with the lion’s share of flights between Chicago and Florida’s east coast resorts. Get the full story »
Nov. 17, 2010 at 5:30 a.m.
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Filed under: The day ahead in business
Reports: Consumer Price Index for October, 7:30 a.m.; Housing starts for October, 7:30 a.m.
Major earnings: BJ’s Wholesale Club Inc., Limited Brands Inc., Target Corp.
State Farm may cut jobs after assessment
From Pantagraph.com | State Farm Insurance acknowledged the possibility of upcoming job losses after completing an internal assessment of five departments.
Nov. 16, 2010 at 5:30 a.m.
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Filed under: The day ahead in business
Reports: Producer Price Index for October, 7:30 a.m.; International money flows data for September, 8 a.m.; Industrial production for October, 8:15 a.m.; NAHB housing market index for November, noon.
Hearings: Senate Banking, Housing and Urban Affairs Committee hearing on problems in the mortgage-servicing industry; Senate Homeland Security and Governmental Affairs Committee hearing on air cargo security.
Major earnings: Abercrombie & Fitch Co., Home Depot Inc., Saks Inc., Wal-Mart Stores Inc.
Nov. 15, 2010 at 5:30 a.m.
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Filed under: The day ahead in business
Reports: Retail sales for October, 7:30 a.m.; Business inventories for September, 9 a.m.
Major earnings: Lowe’s Cos., Nordstrom Inc.
Phusion to stop Four Loko shipments to New York
The maker of a caffeinated alcoholic drink that has been banned in four states has agreed to stop shipments to New York state.
Gov. David Paterson and the State Liquor Authority announced the agreement Sunday with Chicago-based Phusion Projects, which makes the drink Four Loko, and with the state’s largest beer distributors to stop selling caffeinated alcoholic beverages. Get the full story »
Nov. 12, 2010 at 5:30 a.m.
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Filed under: The day ahead in business
Major earnings: D.R. Horton Inc., J.C. Penney Co., Wendy’s/Arby’s Group releases quarterly financial results.
Events: Summit of the Group of 20 nations.
Nov. 11, 2010 at 6:03 a.m.
Filed under: Phone companies yank cord on white pages
Emily Goodmann, who is doing her doctoral thesis on the phone book, at Northwestern library in Evanston. (AP/Charles Rex Arbogast)
What’s black and white and read all over? Not the white pages, which is why regulators have begun granting telecommunications companies the go-ahead to stop mass-printing residential phone books, a musty fixture of Americans’ kitchen counters, refrigerator tops and junk drawers.
In the past month alone, New York, Florida and Pennsylvania approved Verizon Communications Inc.’s request to quit distributing residential white pages. Residents in Virginia have until Nov. 19 to provide comments on a similar request pending with state regulators. Get the full story »
Nov. 11, 2010 at 5:30 a.m.
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Filed under: The day ahead in business
Events: Bond markets closed for Veterans Day; Summit of the Group of 20 nations; 100 leading CEOs of global corporations gather for the Seoul G-20 Business Summit.
Major earnings: Kohl’s Corp., Viacom Inc., Walt Disney Co.
