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Written By: Michael Beller on March 11, 2010 No Comment
Billionaire Mikhail Prokhorov a good bet for investors

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.

Written By: kellen.henry on August 19, 2009 No Comment
Deere plows ahead, beating earnings expectations

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 [...]

Written By: kellen.henry on August 13, 2009 No Comment
More people than expected filed for jobless claims last week

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 [...]

Written By: KatieRogers on August 5, 2009 No Comment
Navistar shares up after Obama touts stimulus cash infusion

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 [...]

Written By: kellen.henry on August 5, 2009 No Comment
Factory orders increased in June

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 [...]

Written By: kellen.henry on July 29, 2009 No Comment
Fed says the economy remains sluggish but decline slowing

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 [...]

Written By: Shahzad Chaudhary on July 29, 2009 No Comment

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, [...]

Written By: marjorie on August 13, 2008 No Comment
Deere nets $575m but misses analysts’ estimate

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 [...]

Written By: bmiraski on July 16, 2008 No Comment

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 [...]

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