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Harley-Davidson beats 4Q profit forecasts

MILWAUKEE (AP) — Harley-Davidson Inc. (HOG) on Thursday reported fourth-quarter net income of $74.5 million. On a per-share basis, the Milwaukee-based company said it had net income of 35 cents. The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. The […]

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Boone, Winnebago among highest in unemployment

By Daily News Staff Boone County had the second highest unemployment rate among Illinois’ 102 counties in December. Boone County had a jobless rate of 8.6 percent in December, up from 7.5 percent in November, but down from 12.1 percent in December of 2013, according to the Illinois Department of Employment Security. Boone County recorded its […]

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Better times expected in real estate market

Looking to buy or sell a home? The timing may be good, according to some who work in the market and say the Stateline Area is showing a strengthening trend. Average prices of homes in Rock County have increased from $104,535 in 2011 to $127,226 in 2014, according to Neil Kerwin, president of the Rock-Green […]

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ADM tops 4Q profit forecasts

DECATUR, Ill. (AP) — Archer Daniels Midland Co. (ADM) on Tuesday reported fourth-quarter net income of $701 million. The Decatur, Illinois-based company said it had profit of $1.08 per share. Earnings, adjusted for non-recurring gains, were $1 per share. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research […]

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AbbVie reports better-than-expected 4Q on Humira sales

NORTH CHICAGO, Ill. (AP) — Drugmaker Abbvie posted better-than-expected adjusted results for the fourth quarter on Friday due to double-digit growth of its blockbuster anti-inflammatory drug Humira. Sales of Humira increased 10.6 percent to $3.36 billion, offsetting lower sales of the testosterone medication Androgel and other medications. Humira is approved for more than a dozen […]

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Abbott beats 4Q profit forecasts

NORTH CHICAGO, Ill. (AP) — Abbott Laboratories (ABT) on Thursday reported fourth-quarter earnings of $905 million. On a per-share basis, the North Chicago, Illinois-based company said it had profit of 59 cents. Earnings, adjusted for one-time gains and costs, came to 71 cents per share. The results beat Wall Street expectations. The average estimate of […]

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Pabst Brewing Co. could come home

MILWAUKEE (AP) — Pabst Brewing Co. could return to the city of its 19th century birth. Pabst shut down its brewery in Milwaukee nearly 20 years ago. But, now its current owner and CEO, Eugene Kashper, is looking for a location in Milwaukee to open a pilot brewery where new products could be made and […]

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Boeing reports 4Q profit of $1.47 billion on airplane sales

CHICAGO (AP) — Boeing Co. says fourth-quarter profit is up 20 percent as it delivered more commercial planes, offsetting weakness in the defense business. The results topped Wall Street expectations, but the company is giving a cautious outlook for 2015. Boeing said Wednesday that it earned $1.47 billion, or $2.02 per share, compared with $1.23 […]

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Rockford, Winnebago County 911 centers could be merged

ROCKFORD, Ill. (AP) — Officials in the city of Rockford and Winnebago County say they’re ready to discuss merging their 911 emergency call centers. The Rockford Register Star reports that (http://bit.ly/1wwuMNU ) local leaders are willing to analyze how a merger would work almost a decade after the two systems were separated. The Winnebago County […]

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Ho-Chunk confident in Beloit casino plan

Ho-Chunk President Jon Greendeer said he is glad Gov. Scott Walker made a ruling on the Menominee casino proposal for Kenosha, adding he was surprised by the timing of the decision. Walker said in a statement Friday “the risk to state’s taxpayers is too great” to approve the Kenosha casino project. “Due to the compacts […]

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