Business

CBOE announces fourth quarter earnings

By Bonnie Du

CBOE Holdings Inc., the holding company for Chicago Board Options Exchange, the CBOE Futures Exchange and other subsidiaries, today reported an 8 percent increase in net income in the fourth quarter 2014, driven by an increase of transaction fees and regulatory fees. However, the stock closed at $62.46, down 4.12 percent with its earning missing the Wall Street expectation.

The company earned $49.1 million, or 58 cents per diluted share in the fourth quarter, compared with $145.6 million, or 52 cents per diluted share in the year-earlier quarter. But it missed the expectation of 66 cents per diluted share.

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Stericycle sustains revenue growth; but stock falls

by Jin Wu

Stericycle Inc. (NASDAQ: SRCL), the Illinois-based world’s largest provider of regulated medical waste management, reported higher profits in both the fourth quarter and the year 2014 due to its successful acquisition strategy.

For the quarter ended December 31, Stericycle earned $82.5 million, or 96 cents per diluted share, compared with $78.2 million, or 90 cents per diluted share, in the year-earlier quarter. However, the diluted EPS missed the $1.12 consensus estimate of seven analysts, and the stock dropped 2.48 percent. Continue reading

VIDEO: Challenges persist for women entrepreneurs

By Meg Rauch

Illinois Governor Bruce Rauner recently signed an executive order to improve business opportunities for women and minorities. And President Obama is urging Congress to pass legislation for women to receive equal pay in the workplace. These actions aim to help women entrepreneurs to overcome many of the challenges they face today. A Chicago law clinic has also stepped in to help.  Continue reading