Deere dips on shaky outlook for fiscal 2015

(AP) — Deere’s fourth-quarter results were stronger than Wall Street expected but it says its farm equipment sales and profits will keep falling in its new fiscal year as the sector remains weak. Its shares slipped in midday trading on Wednesday. The world’s biggest farm equipment supplier says its annual net income will drop about […]

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Oshkosh Corp. building plant in Mexico

OSHKOSH, Wis. (AP) — Oshkosh Corp. is building a $100 million manufacturing plant in Mexico that will employ about 1,000 people. The company’s announcement comes as it cuts several hundred jobs in its defense industry division in Oshkosh by year’s end. Oshkosh Corp. spokesman John Daggett says the plant in Leon, Mexico will make vehicle […]

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Kohl’s misses 3Q revenue forecasts

MENOMONEE FALLS, Wis. (AP) — Kohl’s Corp. (KSS) on Thursday reported net income of $142 million, or 70 cents per share, in its fiscal third quarter. The company, based in Menomonee Falls, Wisconsin, posted revenue of $4.37 billion in the period, which did not meet Street forecasts. Analysts expected $4.42 billion, according to Zacks. Kohl’s […]

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Rauner supports asking voters about minimum wage

ROANOKE, Ill. (AP) — Republican gubernatorial candidate Bruce Rauner (ROW’-nur) says he supports letting voters weigh in on whether Illinois’ minimum wage should be increased. The (Bloomington) Pantagraph reports (http://bit.ly/1iFNm5H ) Rauner says he’s “supportive” of a nonbinding question Democratic lawmakers put on the November ballot. It asks if the wage should rise from $8.25 […]

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Home sales up in Rock County, down across Wisconsin

May home sales in Rock County performed better than the rest of the state, when compared to the same month in 2013. According to a report released this week by the Wisconsin Realtors Association, there were 208 homes sold in Rock County in May compared to 206 homes sold in May 2013, an increase of […]

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Harvard company moving to Roscoe

ROSCOE — AllWorld Machinery Supply Inc. will be moving its global headquarters from Harvard, Ill., to Roscoe with plans to hire more than 50 employees. In August the company has plans to break ground on its new warehouse and distribution facility located on 19.57 acres on Willowbrook Road, off Interstate 39/90 and just north of […]

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Tropical Delights arrives in Roscoe

ROSCOE — Forget the frigid winds and cold April showers, as May rolls in, Luke and Fiona Vauvau have brought Tropical Delights to the Stateline. The Vauvaus opened their restaurant April 10 and say that business has been good so far. Fiona says that word of mouth has been helping out a lot. The Vauvaus […]

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Retirements may cause labor shortage in Wisconsin

GREEN BAY, Wis. (AP) — A coming wave of baby boomer retirements could create a labor shortage severe enough to hamper economic development in Wisconsin, according to economists and a new study from the Wisconsin Taxpayers Alliance. Baby boomer retirements are expected to have more impact in Wisconsin than in many states because the population […]

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Tourism up $700 million in 2013

The planned commercial development along Willowbrook Road in South Beloit took a step closer to reality Wednesday, and a major grocery store chain’s name is being mentioned as a potential anchor for the development. A Special Use Permit for a Commercial Planned Unit Development was approved by the South Beloit Zoning Board of Appeals and […]

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Ironworks on Willowbrook could attract Meijer store

The planned commercial development along Willowbrook Road in South Beloit took a step closer to reality Wednesday, and a major grocery store chain’s name is being mentioned as a potential anchor for the development. A Special Use Permit for a Commercial Planned Unit Development was approved by the South Beloit Zoning Board of Appeals and […]

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