Building Permits, Rock and Winnebago Counties, April 2015

BUILDING PERMITS APRIL 2015 Rock County City of Beloit Residential Alteration/Conversion 1757 McKinley Ave.; LIsa A. Loerke; $38 1434 Prairie Ave.; Leon J. & Wilma J. Foxen; no fee listed 251 Roosevelt Ave.; Ronald Moe; no fee listed 1113 Eaton Ave.; Arn Properties LLC; $34 1746 Congress Ave; Toribio Cruz; $30 2055 Lenox Ave.; Sheila […]

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Rock and Winnebago County Bankruptcies, May 2015

Bankruptcies Below are the initial filings of bankruptcies in Rock and Winnebago Counties, for the dates specified. ROCK COUNTY CHAPTER 7 May 3 Dennis Anderson; 803 St. Lawrence Ave., Beloit; Case no. 3-15-11660 May 5 John I. & Karen C. Hedegaard; Janesville; Case no. 3-15-11686 Kasondra R. Cunningham; 383 Elm St., Milton; Case no. 3-15-11690 […]

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ABC Supply Co., Inc. Acquires Minneapolis Distributor

BELOIT, Wis. – Building products distributor ABC Supply Co., Inc. has acquired the assets of Western Roofing Supply Company Inc., a roofing supply distributor inMinneapolis, Minnesota. Founded in 1923, Western Roofing Supply has a single location, at 2727 26th Ave. S. It will become the newest ABC Supply branch and the company’s fifth in the […]

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Fortune Brands buying Norcraft for about $600 million

NEW YORK (AP) — Home and security products company Fortune Brands Home & Security Inc. will buy the cabinet maker Norcraft Companies Inc. for about $600 million. Deerfield, Illinois-based Fortune Brands will pay $25.50 per share, marking a 14.7 percent premium to Eagan, Minnesota-based Norcraft’s closing price on Friday. The deal will help Fortune Brands […]

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Jobless rates fall in all Illinois metro areas

CHICAGO (AP) — The Illinois Department of Employment Security says unemployment fell in every Illinois metro area in February. It was the 12th straight month of across-the-board improvement. The department said Tuesday in its monthly report on the state’s metro areas that while nine of the 14 tracked areas added jobs in February, the Peoria, […]

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Morgan Stanley cuts estimate of US online bet market in half 


(AP) — Morgan Stanley has cut its estimate of the potential U.S. Internet gambling market by nearly half. The firm now estimates the nationwide online betting market at $2.7 billion by 2020, down from an initial estimate of $5 billion. In a report issue Tuesday, the firm predicts no additional states will approve Internet gambling […]

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Peoria insurance firm to make $15M headquarters addition

PEORIA, Ill. (AP) — The insurance firm RLI Corp. has announced a $15 million addition to its headquarters in Peoria. The Journal Star reports (http://bit.ly/1ExB2yy ) that RLI chairman and CEO Jonathan Michael made the announcement on Monday. He called it the “next phase of renovation” after the company completed a $20 million facelift in […]

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USDA: Record soybean acres expected, corn acres to drop

(AP) — Farmers are expected to plant a record number of soybean acres this year, but fewer acres of corn as profit potential for the grain remains low due to slumping prices, the U.S. Department of Agriculture said Tuesday in its first report of the new crop season. The USDA surveyed 84,000 farmers in March […]

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Unemployment up in all Wisconsin counties, major cities

MADISON, Wis. (AP) — Unemployment rates are up in every Wisconsin county and major city. The state Department of Workforce Development reported the figures for January. The show unemployment increases across the board for the month. The figures are preliminary and subject to significant revision month-to-month. Racine had the highest unemployment rate for the month […]

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Survey finds young adults consume news in their own way 


CHICAGO (AP) — Young adults have a reputation for being connected to one another and disconnected from the news. But a survey has found that mobile devices and social networking are keeping them more engaged with the broader world than previously thought. They want news, they say, though they don’t always aggressively seek it out […]

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