
First Midwest Bancorp shares sink as fourth-quarter performance fails expectations
By Jinman Li Medill Reports Shares plummeted by 4.1 percent after First Midwest Bancorp Inc. (Nasdaq: FMBI), the holding company of First Midwest Bank, released

By Jinman Li Medill Reports Shares plummeted by 4.1 percent after First Midwest Bancorp Inc. (Nasdaq: FMBI), the holding company of First Midwest Bank, released

By Sarah Foster Medill Reports McDonald’s Corp. supersized its adjusted profits and sales, exceeding expectations, for the fourth quarter ended Dec. 31, as cheap meals

By Yanchun (Roxanne) Liu Medill Reports Stock of AbbVie Inc. (NYSE: ABBV) soared 13.8 percent, hitting a five-year high, after the North Chicago-based biopharmaceutical company

By Sarah Foster Medill Reports Americans purchased fewer homes than expected last month, but economists are still pointing to 2017 as a healthy year for

By Minghe Hu Medill Reports The number of Americans filing for initial unemployment insurance benefits, seasonally adjusted, increased to 233,000 in the week ended Jan.

By Alexa Adler Medill Reports Despite record quarterly revenue and strong operating results, Cabot Microelectronics Corp., which supplies planarization polishing slurries and pads used in

By Juliette Rocheleau Medill Reports Shares of Abbott Laboratories (NYSE: ABT), an Illinois-based broad range healthcare company, rose 3 percent after the company reported adjusted

By Tiffany Chen Medill Reports Young entrepreneurs are introducing new hotels and big chains like Starbucks in Chicago’s Chinatown. And they’re taking over family businesses.

By Yanchun (Roxanne) Liu Johnson & Johnson (NYSE: JNJ), one of the world’s largest pharmaceutical makers, reported Tuesday a huge net loss occasioned by a

By Jinman Li Medill Reports Earnings of Fifth Third Bancorp (Nasdaq: FITB), the holding company of the Cincinnati-based regional banking corporation Fifth Third Bank, leapt