Polyus Gold's stock price has seen a slight bump on the London Stock Exchange. If they are able to merge with another company, the price could surge.
http://www.flickr.com/photos/randyread/ / CC BY 2.0
BY KELLEN M. HENRY– MEDILL NEWS SERVICE
Deere & Co. [[DE]] saw its profits drop in the third quarter of 2009, but the agriculture machinery manufacture fared better than analysts expected.
The Moline, Ill.-based tractor-maker’s net income fell 27 percent to $420 million for the quarter ended [...]
http://www.flickr.com/photos/labor2008/ / CC BY 2.0
BY KELLEN M. HENRY– MEDILL REPORTS
The unemployment see-saw continues amid uncertainty about when Americans will head back to work, a U.S. Department of Labor report indicated Thursday.
Last week, the number of people filing for unemployment claims rose, while the total number of people filing ongoing [...]
President Obama's Aug. 5, 2009 Wakarusa, Ind. speech — in Wordle format.
BY KATIE ROGERS – MEDILL REPORTS
Shares of Warrenville, Ill.-based Navistar International Corp. jumped Thursday following a Wednesday visit by President Obama to the company’s Wakarusa, Ind. Monaco RV manufacturing plant.
Navistar shares [[NAV]] were up more than 2 percent [...]
BY KELLEN M. HENRY– MEDILL NEWS SERVICE
New orders for manufactured goods increased 0.4 percent the U.S. Census Bureau reported Wednesday in a preliminary report on the manufacturing industry in June, following a 1.1 percent increase in May.
Factory orders were expected to fall 0.8 percent, according to a survey of economists by [...]
via The Federal Reserve Board
BY KELLEN HENRY – MEDILL NEWS SERVICE
The economic story in the Midwest is the same the one we’re hearing across most of the country — The economy is weak, but it’s no longer in free-fall.
According to The Beige Book, the report on current economic conditions released [...]
BY SHAHZAD CHAUDHARY–MEDILL NEWS SERVICE
New orders for durable goods, products meant to last several years, fell by 2.5 percent to $158.6 billion in June, according to a report released Wednesday by the U.S. Department of Commerce. Shipments fell for the eleventh straight month in June by 0.2 percent to $168.3 billion.
Excluding transportation, [...]
BY MARJORIE KORN, MEDILL NEWS SERVICE
Moline, Ill.-based Deere & Co. [[DE]] posted a net income of $575.2 million, or $1.32 per share, for the third quarter ended July 31, compared with $537.2 million, or $1.18 per share, in the year earlier period. But the 7 percent rise in [...]
By BENJAMIN MIRASKI, MEDILL NEWS SERVICE
It’s not a new idea. It might not even be a very nice idea. However, it’s probably the right thing to do.
It is time to remove General Motors Corp.[[GM]] from the Dow Jones Industrial Average.
The company announced Tuesday that [...]