Chicago Newswire (Page 2)

Chicago Newswire (Page 2)

Comprehensive Real-Time News Feed for Chicago, IL. (Page 2)

Results 21 - 40 of 162 for "u:reuters.com" in Chicago, IL

  1. Out of the pits, Chicago traders seeking booths with a viewRead the original story

    Jul 1, 2015 | Reuters

    For many Chicago commodity traders like Redmond Harkins, little will change when the city's fabled futures pits shut down after more than 165 years of open-outcry dealing. The 27-year veteran dealer will continue taking the hour-long train trip to the storied Art Deco Chicago Board of Trade building on West Jackson Boulevard, where most futures dealers long ago abandoned the art of trading soybeans or hog futures through flailing hand signals and guttural shouts.

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  2. Fitch Affirms Chubb's IFS Following Ace Acquisition...Read the original story

    Jul 1, 2015 | Reuters

    CHICAGO, July 01 Fitch Ratings has affirmed the Insurer Financial Strength ratings of The Chubb Corporation's property/casualty insurance subsidiaries, which are led by Federal Insurance Company at 'AA' with a Stable Outlook. Fitch has also placed Chubb's 'AA-' Issuer Default Rating and 'A+' senior debt rating on Rating Watch Negative.

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  3. Fitch Upgrades Fidelity National Financial's IFS Ratings; Outlook StableRead the original story

    Jun 29, 2015 | Reuters

    CHICAGO, June 29 Fitch Ratings has upgraded Fidelity National Financial, Inc.'s title insurance operating companies' Insurer Financial Strength ratings to 'A-' from 'BBB+'. In addition, Fitch has affirmed FNF's Issuer Default Rating at 'BBB-' and senior unsecured debt at 'BB+.'

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  4. Fitch Affirms Stewart Information Services Corporation's Ratings; Outlook StableRead the original story

    Jun 29, 2015 | Reuters

    NEW YORK, June 29 Fitch Ratings has affirmed Stewart Information Services Corp.'s Issuer Default Rating at 'BBB' and the Insurer Financial Strength ratings of Stewart's insurance subsidiaries at 'A-'. The Rating Outlook is Stable.

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  5. U.S. rains attract grain buyers' attention, but not businessRead the original story

    Jun 29, 2015 | Reuters

    Heavy rains swamping U.S. farmland are grabbing the attention of global grain buyers as prices of corn and soybean futures soar on concerns about damage from the deluge. But demand for U.S. exports probably will not surge as the weather worries spread beyond the farmhouses and coffee shops of the rural Midwest.

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  6. Fitch Views Rogers Transactions as Neutral to RatingsRead the original story

    Jun 25, 2015 | Reuters

    CHICAGO, June 25 Fitch Ratings believes the recent transactions announced by Rogers Communications Inc. are neutral to its credit profile. Importantly, Fitch expects Rogers will continue to maintain its current trajectory to reduce leverage below 2.5x by 2017 through debt reduction and EBITDA growth.

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  7. Smart software key to fate of CME options pits as futures closure loomsRead the original story

    Jun 24, 2015 | Reuters

    As the July 6 deadline for closing the century-old Chicago Board of Trade grain futures pits looms, a cloud hangs over the future of the neighboring options pits. Traders and analysts say they are likely to stay open for at least 18 months and probably longer, while CME Group Inc , which runs them, will not say how long it intends to keep them open.

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  8. A big, dark Chicago room will get a view when it goes on the marketRead the original story w/Photo

    Jun 24, 2015 | Reuters

    The S&P 500 trading pit is pictured from overhead at the Chicago Mercantile Exchange in Chicago, Illinois in this late 1980s handout photo. FOR LET: 36,000 square-foot cave in central Chicago.

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  9. Chicago to see new Ferris wheel at Navy Pier in 2016Read the original story

    Jun 23, 2015 | Reuters

    Chicago will enjoy a new 196-foot-tall Ferris wheel on its lakefront next year, almost 50 feet taller than its current wheel, the city announced on Tuesday. The wheel, privately financed with a loan from Fifth Third Bank, will be at Navy Pier, a popular, multi-use tourist attraction on Lake Michigan which will celebrate its 100th anniversary in 2016.

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  10. Fitch Publishes Report on Berkshire Hathaway's Recent Growth in Commercial Lines InsuranceRead the original story

    Jun 18, 2015 | Reuters

    CHICAGO, June 18 In a new special report, Fitch Ratings reviews the recent meaningful expansion by Berkshire Hathaway, Inc. into the U.S. commercial lines insurance market. BRK is well known as one of the largest property/casualty insurers in the U.S. with operating franchises in reinsurance written through National Indemnity Company and General Reinsurance Corporation, and private passenger automobile insurance written through GEICO Corporation.

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  11. UPDATE 1-Floods disrupt grain shipping on Illinois RiverRead the original story

    Jun 17, 2015 | Reuters

    Flooding halted barge traffic on the Illinois River on Wednesday and high water levels prompted futures market operator CME Group Inc to declare force majeure for all corn and soybean shipping stations for the first time in more than two years. Barge lines have voluntarily stopped shipping traffic after heavy rains, river merchants said.

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  12. Fitch Affirms Global Atlantic Financial Life Limited 'BBB' IDR; Outlook StableRead the original story

    Jun 16, 2015 | Reuters

    CHICAGO, June 16 Fitch Ratings has affirmed the 'BBB' Long-Term Issuer Default Rating of Global Atlantic Financial Life Limited , subsidiary of Global Atlantic Financial Group . The Rating Outlook is Stable.

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  13. Rising cost on U.S. rate swaps raises worriesRead the original story w/Photo

    Jun 10, 2015 | Reuters

    A widening gap in the costs to hedge interest rate risk between platforms based in London and Chicago is generating losses for Wall Street dealers and creating concern about how well this corner of the bond market will respond when the Federal Reserve raises rates. In the last month, dealers have frequently been forced to pay a costly premium on London's LCH.Clearnet to offset their risk for facilitating interest rate swaps on smaller rival Chicago Mercantile Exchange on behalf of their clients.

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  14. INSIGHT-Rising cost on U.S. rate swaps raises worriesRead the original story

    Jun 10, 2015 | Reuters

    A widening gap in the costs to hedge interest rate risk between platforms based in London and Chicago is generating losses for Wall Street dealers and creating concern about how well this corner of the bond market will respond when the Federal Reserve raises rates. In the last month, dealers have frequently been forced to pay a costly premium on London's LCH.Clearnet to offset their risk for facilitating interest rate swaps on smaller rival Chicago Mercantile Exchange on behalf of their clients.

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  15. Fitch Places HCC's Ratings on Negative Watch Following Tokio Marine Acquisition AnnouncementRead the original story

    Jun 10, 2015 | Reuters

    CHICAGO, June 10 Fitch Ratings has placed HCC Insurance Holdings, Inc.'s ratings on Rating Watch Negative, including its 'A+' Issuer Default Rating and 'AA' Insurer Financial Strength ratings for HCC's operating subsidiaries. A complete list of ratings follows at the end of this release.

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  16. UPDATE 1-CME to extend electronic grain trading after closing pitsRead the original story

    Jun 9, 2015 | Reuters

    CME Group Inc will extend electronic grain and oilseed futures and options trading by five minutes next month following the closure of most of its open-outcry futures pits, the company said on Tuesday. The period, which is set to begin on July 6, will give traders time to square up positions, adjust errors in orders and enter last-minute transactions after the markets settle at 1:15 p.m. CDT , CME spokesman Chris Grams said.

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  17. Fitch Rates Manulife's Sub Debt 'A-'Read the original story

    Jun 5, 2015 | Reuters

    IFS 'AA-'; --IDR 'A+'; --USD450 million surplus notes 7.375% due 2024 'A'. The John Hancock Life Insurance Company of New York --IFS 'AA-'.

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  18. Fitch Publishes Updated U.S. Banking QuarterlyRead the original story

    Jun 3, 2015 | Reuters

    NEW YORK, June 03 Fitch Ratings today published an updated version of its 'U.S. Banking Quarterly' with additional financial information and spreads provided for the banks covered in the report. The full report 'U.S. Banking Quarterly: First-Quarter 2015' is available at 'www.fitchratings.com.'

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  19. Fitch Releases Report on Life Insurer Statutory Dividend CapacityRead the original story

    Jun 1, 2015 | Reuters

    CHICAGO, June 01 Fitch Ratings has released a special report examining statutory dividend capacity in the US life insurance industry. The report reflects statutory dividend capacity for 2015 based upon yearend 2014 statutory financial statement information.

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  20. UPDATE 2-U.S. seeks middle ground on biofuel targets, pleasing fewRead the original story

    May 29, 2015 | Reuters

    U.S. regulators on Friday unveiled much-delayed biofuel targets that sought to strike a middle ground for the nation's contentious renewable fuels policy but still met with threats of legal action from two of the biggest industries, oil and corn. The Environmental Protection Agency decided to raise its previous target for 2014 biofuel usage.

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