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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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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Caterpillar 4Q results mixed, 2015 outlook disappoints

PEORIA, Ill. (AP) — Caterpillar took a hit in the fourth quarter from restructuring costs and the heavy machinery maker issued a weak outlook for 2015, citing the tumbling price of commodities. Shares slumped more than 7 percent Tuesday before the markets opened. The company is cutting costs as it tries to offset problems that […]

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Buffalo Wild Wings flying into Beloit

The former Atlanta Bread building, at 2747 Milwaukee Road, has been sold and the new owner has received a lease from Buffalo Wild Wings to convert the building into the new restaurant. Drew Pennington, Beloit director for planning and building services, said the city is currently reviewing the plans. The owner has submitted a Conditional […]

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Amtrak studying possible Danville-to-Quad Cities route

DANVILLE, Ill. (AP) — Amtrak is studying potential rail service between Danville and the Quad Cities. The News-Gazette reports (http://bit.ly/1EmN7pq ) that the service was listed among Amtrak’s expansion planning projects in the railway’s 2014 fiscal-year report. The service would include stops in Champaign-Urbana, Bloomington-Normal, Peoria and Galesburg. Brian Williamsen is a spokesman for the […]

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United Airlines says it will ‘insource’ airport jobs too

CHICAGO (AP) — United Airlines, which is considering outsourcing up to 2,000 airport jobs, now says that after talking with union leaders it will bring back other jobs that had been turned over to contractors. In a letter to employees Wednesday, Senior Vice President of Airport Operations Jon Roitman said United will complete “insourcing” work […]

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Stateline Area Bankruptcies Dec. 2014

Bankruptcies Below are the initial filings of bankruptcies in Rock and Winnebago Counties, for the dates specified. ROCK COUNTY CHAPTER 7 Dec. 1 Alex S. Rouch; 202 South Ave., Edgerton; Case No. 3-14-15029 Dec. 4 Todd A. Moser; 1621 South Ridge Drive, Janesville; Case No. 3-14-15029 Jennifer J. Moser; 1621 South Ridge Drive Janesville; Case […]

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