Jacquelyn Ryan/MEDILL
Tough economic times don’t stop Americans from drinking their wine – but tight budgets may have consumers looking Latin for the best (or most) wine for their dollar.
Commodities
Written By: alexandra harris on February 18, 2010
No Comment
Derivatives exchange behemoth CME Group Inc. could face a federal antitrust probe if it does not accept trades from startup futures exchange ELX Futures LP, an analyst with Sanford C. Bernstein & Co., said Thursday.
Written By: Jeniece Pettitt on February 18, 2010
No Comment
The Producer Price Index, or wholesale prices, rose at a seasonally adjusted rate of 1.4 percent in January, mainly due to a rise in energy costs, pharmaceutical costs and light trucks, the U.S. Bureau of Labor Statistics reported today.
Written By: Max Frumes on January 29, 2010
No Comment
Click here to listen to Suzanne Bodlovic, once the only female futures trader in the Russell pit at the Chicago Mercantile Exchange, describe her transition from floor-trading to electronic trading – and how she did it during some of the most wild economic conditions.
Written By: KatieRogers on August 12, 2009
No Comment
Image via Jeremy Brooks/Flickr.com
BY KATIE ROGERS — MEDILL REPORTS
Shares of Downers Grove-based food company Sara Lee Corp. (SLE: 9.72 -1.08 (-10.00%) plunged despite a narrower loss in its fiscal 2009 fourth quarter, as it released lackluster guidance for the 2010 fiscal year.
Sara Lee posted a quarterly loss of $14 [...]
Written By: Shahzad Chaudhary on July 23, 2009
No Comment
Joseph Freeman/MEDILL
BY SHAHZAD CHAUDHARY — MEDILL NEWS SERVICE
The CME Group released its second quarter earnings today, smashing analyst expectations by 10 cents with a diluted EPS of $3.33.
The exchange’s CEO, Craig Donohue, credited strong cost-cutting measures and the success of new innovative products for the strong quarter, specifically mentioning [...]
Written By: bcm141 on May 14, 2009
No Comment
BRIDGET MACDONALD – MEDILL NEWS SERVICE
Although the ethanol market has been flooded with surplus over the past several months, forcing many producers to idle production or drop out of the business entirely, the industry is showing signs of life in the Corn Belt.
Six of the 11 ethanol plants in Illinois [...]
Written By: Joseph Freeman on May 12, 2009
No Comment
BY JOSEPH FREEMAN-MEDILL NEWS SERVICE
Monday night University of San Diego professor Frank Partnoy appeared on “The Daily Show” to discuss his new book about Ivar Kreuger, the most effectively damaging ponzi scheme artist to have emerged over the past century, known to most by his honorific, the “match king.” But before [...]
Written By: bcm141 on May 5, 2009
No Comment
(Cote/FLICKR)
BY BRIDGET MACDONALD - MEDILL NEWS SERVICE
Third-quarter earnings results released Tuesday by Decatur-based Archer Daniels Midland Co. [[ADM]] indicate that the ethanol industry remains a grey area, even for a large diversified company. Concerns about blending levels, emission standards, capacity and demand continue to be punctuated by question marks.
The company [...]
Written By: bcm141 on April 16, 2009
No Comment
(lady_lbrty/FLICKR)
By Bridget Macdonald - MEDILL NEWS SERVICE
The Union of Concerned Scientists published a report Wednesday questioning the link between agricultural biotechnology and crop yields in the United States. In addition to ruffling a few feathers, the report demonstrated that even in the data-driven world of science, semantics matter.
Pick the [...]
