State Tipoffs Involving Illinois Newsletter for Friday November 22, 2024 ( 28 items ) |
Allstate Announces October 2024 Catastrophe Losses
NORTHBROOK, Illinois, Nov. 22 -- Allstate, a property and casualty insurance company, issued the following news release on Nov. 21, 2024:
The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of October of $286 million or $226 million, after-tax, including $102 million, pre-tax, from Hurricane Milton and unfavorable reserve reestimates of $144 million, pre-tax, related to Hurricane Helene, primarily in Georgia, South Carolina and North Carolina. Total c
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Boeing Awarded 15 Additional U.S. Air Force KC-46A Tankers
CHICAGO, Illinois, Nov. 22 -- Boeing, an aerospace company and a manufacturer of commercial jetliners and defense, space and security systems, issued the following news release:
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- With the Lot 11 contract award, 168 KC-46A multi-mission aerial refuelers are now on contract globally
- KC-46A began first full-scale operational deployment with U.S. Air Force in October
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EVERETT, Wash., Nov. 21, 2024 - Boeing [NYSE: BA] will build 15 additional KC-46A Pegasus tankers under a Lot 11 c
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Circana Report Reveals SNAP Shoppers Spend 32% More Than Non-SNAP Shoppers
CHICAGO, Illinois, Nov. 22 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release on Nov. 21, 2024:
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Cohort demonstrates resilience amid economic pressures, creating opportunities for CPG retailers and manufacturers to support them
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Circana, a leading advisor on the complexity of consumer behavior, today released a new report exploring the behaviors of shoppers in the Supplemental Nutrition Assistan
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Circana: Mediterranean Momentum - Spain and Italy Propel FMCG Growth Amidst a Slow Recovery Across Northern Europe
CHICAGO, Illinois, Nov. 22 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release:
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* Private Labels continue to dominate, with 0.6% growth across major European markets
* 2025 Outlook: Inflation remains a key driver amidst volatility and softening demand
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BRACKNELL, UK - Nov. 21, 2024 - Circana, a leading advisor on the complexity of consumer behaviour, today launched its latest biannual FMCG Dema
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Consolidated Communications: Readfield's Future-Proof Fiber Internet Service From Fidium Now Available
MATTOON, Illinois, Nov. 22 -- Consolidated Communications, a broadband and business communications provider, issued the following news release:
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More than 1,800 homes and businesses in Readfield gain access to Fidium's all-fiber network
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READFIELD, Maine -- Nov 21, 2024 -- Fidium has expanded its multi-gig, symmetrical speed internet service to Readfield, making its future-proof fiber network available to more than 1,800 homes and businesses.
Recent studies confirm that fiber br
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Deere Reports Net Income of $1.245 Billion for 4Q, $7.1 Billion for Fiscal Year
MOLINE, Illinois, Nov. 22 -- Deere and Co., a manufacturer of agricultural, construction, forestry machinery and diesel engines, issued the following news release on Nov. 21, 2024:
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* Results demonstrate solid execution despite ongoing market challenges.
* Full-year 2025 earnings projected to range from $5.0 to $5.5 billion, highlighting improved structural performance.
* Remain committed to making investments that enhance customer productivity and profitability.
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Deere & Company
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ICC Approves Rail Safety Upgrades for Marion County
SPRINGFIELD, Illinois, Nov. 22 -- The Illinois Commerce Commission issued the following news release on Nov. 21, 2024:
Today, the Illinois Commerce Commission (ICC) greenlit two public safety rail improvement projects for Marion County. New automatic flashing light signals with gates will be installed at the County Road 1900 North (AAR/DOT #167791D) and County Road 1800 North (AAR/DOT #167789C) highway-rail grade crossings of the Union Pacific Railroad Company's tracks near Kinmundy.
"Rail sa
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ICC Approves Rail Safety Upgrades for Pulaski County
SPRINGFIELD, Illinois, Nov. 22 -- The Illinois Commerce Commission issued the following news release on Nov. 21, 2024:
Today, the Illinois Commerce Commission (ICC) greenlit the installation of new automatic warning gates and highway grade approach improvements to enhance safety measures at the Aldridge Road (AAR/DOT #299062B) highway-rail grade crossing over Illinois Central Railroad's track in Pulaski County.
"Rail safety infrastructure improvements are beneficial to all who live, work and
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ICC Approves Rail Safety Upgrades for Shelby County
SPRINGFIELD, Illinois, Nov. 22 -- The Illinois Commerce Commission issued the following news release on Nov. 21, 2024:
Today, the Illinois Commerce Commission (ICC) greenlit the installation of new automatic warning gates and highway grade approach improvements to enhance safety measures at multiple highway-rail grade crossings in Shelby County. The crossings are located at 1975 East (AAR/DOT #166981D), 1900 East (AAR/DOT #166980W), and 1750 North (AAR/DOT #166979C) over Union Pacific Railroad
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ICC Issues Decision on Aqua Illinois' General Rate Increase Request
SPRINGFIELD, Illinois, Nov. 22 -- The Illinois Commerce Commission issued the following news release on Nov. 21, 2024:
Today, the Illinois Commerce Commission (ICC) cut portions of Aqua Illinois' rate increase request for water and sewer services in Illinois. The ICC's decision reduces Aqua's rate request by approximately 43 percent for an overall increase of $11.6 million. The decision also approves a 9.60 percent return on equity (ROE) for the company, a reduction from the utility's requested
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ILL. A.G. RAOUL URGES ELIGIBLE SERVICE MEMBERS TO FILE A CLAIM WITH HARRIS JEWELRY TO REQUEST FUNDS BY DEC. 21
CHICAGO, Illinois, Nov. 22 -- Illinois Attorney General Kwame Raoul issued the following news release:
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Federal Court Orders Harris Jewelry to Restore Website and Claims Portal for Limited Time
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Attorney General Kwame Raoul today urged service members and veterans eligible to receive refunds under a 2022 settlement with Harris Jewelry to file claims on the company's website on or before Dec. 21. who were deceived into predatory financing loans in order to receive refunds. As a res
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Ill. Gov. Pritzker Announces $5 Million Investment in Marshalltown Hammer's Bushnell Expansion
BUSHNELL, Illinois, Nov. 22 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Nov. 20, 2024:
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State of Illinois investment preserves jobs and supports advanced manufacturing in Bushnell
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Governor JB Pritzker joined the Illinois Department of Commerce and Economic Opportunity (DCEO), local leaders, and Marshalltown Hammer Company leadership to announce new investments in Bushnell. In support of the project, the State of Illinois provided a $5 million grant to ena
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Ill. Gov. Pritzker, University of Illinois Announce CHIPS Semiconductor Manufacturing Effort
CHICAGO, Illinois, Nov. 22 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Nov. 21, 2024:
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University of Illinois will play a leading role in multi-state SMART USA Institute
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Governor JB Pritzker announced that The Grainger College of Engineering at the University of Illinois Urbana-Champaign has joined a pioneering SMART USA (Semiconductor Manufacturing and Advanced Research with Twins USA) Institute, a public-private endeavor focused on the development, vali
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Illinois Supreme Court Assigns Judge Matthew G. Bertani to Third District Appellate Court
SPRINGFIELD, Illinois, Nov. 22 -- The Illinois Supreme Court issued the following news release:
Justice Mary K. O'Brien and the Illinois Supreme Court have announced the assignment of 12th Judicial Circuit Judge Matthew G. Bertani to the Third District Appellate Court.
Judge Bertani is being assigned to fill the vacancy created by the retirement of Justice Adrienne Albrecht. Judge Bertani's assignment is effective January 1, 2025, and will conclude on November 30, 2026.
"Judge Bertani is a pr
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JLL Announces 53,900 SF of Leasing Activity at Lakeside Square
CHICAGO, Illinois, Nov. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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Buckner International, Audacy, Sweet James and SmartMoving are among the newest tenants at the 18-story North Dallas office building
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DALLAS, Nov. 21, 2024 - JLL today announces four leases totaling 53,900 square feet at Lakeside Square, the 409,544-square-foot, Class-A office building located in North Dallas. Among the newest tenants onsite are Aud
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JLL Marketing for Sale Non-Performing Loan Secured by Trophy Office Tower in Pittsburgh
CHICAGO, Illinois, Nov. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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One Oxford Center offers a generational opportunity to acquire a non -performing loan secured by a trophy mixed-use asset at a significant discount to replacement cost
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PITTSBURGH, Nov. 21, 2024 - JLL Capital Markets announced today that it is marketing the sale of the non-performing loan secured by One Oxford Centre, a trophy, mixed-use asset total
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Jones Lang LaSalle: 42-Bed PAM Health Rehabilitation Hospital Sells in Fargo, North Dakota
CHICAGO, Illinois, Nov. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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JLL Capital Markets led the sales efforts for the 42-bed facility, which is the only freestanding IRF operating in North Dakota
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DENVER, Nov. 21, 2024 - JLL Capital Markets announced today that it has completed the sale of PAM Health Rehabilitation Hospital of Fargo, an inpatient rehabilitation hospital ("IRF") with 42 beds in Fargo, North Dakota.
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Jones Lang LaSalle: Class A Office Building in Houston's Energy Corridor Trades Hands
CHICAGO, Illinois, Nov. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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JLL Capital Markets led the sales efforts for Energy Crossing II, a newer vintage property in West Houston's central business district
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HOUSTON, Nov. 21, 2024 - JLL Capital Markets announced today that it has completed the sale of Energy Crossing II, a 327,404-square-foot office building in Houston's Energy Corridor.
JLL represented the seller in t
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Jones Lang LaSalle: Rockingham Farms Building 9 in Savannah, Ga. Sold for $100.6M
CHICAGO, Illinois, Nov. 22 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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JLL Capital Markets arranged the sale of a Class A bulk industrial property near the Savannah Port
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ATLANTA, Nov. 21, 2024 - JLL Capital Markets announced today the $100.6 million sale of Rockingham Farms Building 9 - a Class A bulk distribution center located at 125 Feldspar Drive in Savannah, Georgia.
JLL represented the seller, Scannell Properti
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Kirkland Advises Hg on Significant Investment in Empyrean Solutions
CHICAGO, Illinois, Nov. 22 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised Hg on its significant strategic investment in Empyrean Solutions, a leading provider of integrated risk and performance management solutions for financial institutions.
The Empyrean management team and current investors, TechVenture Investors and Spectrum Equity, will all remain shareholders.
Spectrum Equity will also co-invest alongside Hg in the new transaction.
Read Hg
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Kirkland Advises TPG Rise Climate, GIC in Connection With Euros750 Million Senior Secured Notes Offering as Part of Euros6.7 Billion Leveraged Buyout of Techem
CHICAGO, Illinois, Nov. 22 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised TPG Rise Climate and GIC in connection with the offering of Euros750 million senior secured notes as part of their Euros6.7 billion leveraged buyout of Techem.
Pending consummation of the acquisition, the proceeds from the offering of the notes will be held in a segregated bank account controlled by the bond issuer.
Techem is a service provider for smart and sustainable b
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Moving past 'one-size-fits-all' diet recommendations
EVANSTON, Illinois, Nov. 21 -- Northwestern University issued the following news release:
Kristin Samuelson
CHICAGO - Can a personalized diet help improve health and prevent chronic diseases?
That's the question at the center of the ongoing nationwide study, Nutrition for Precision Health (NPH) the largest precision-nutrition research effort of its kind which is researching how individuals respond to different foods.
Powered by the National Institutes of Health's (NIH) All of Us Research Pro
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PC Market Poised for Growth But Uncertainty Is a Barrier, Reports Circana
CHICAGO, Illinois, Nov. 22 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release:
The U.S. personal computer (PC) market shows growth potential across both consumer and business-to-business (B2B) segments, but it is tempered by complex economic and technological challenges, according to the latest data-driven insights from Circana. While the consumer market is navigating demand limitations and affordability iss
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Roosevelt to Offer In-Person Instruction at McHenry County College University Center in Spring 2025
CHICAGO, Illinois, Nov. 22 -- Roosevelt University issued the following news:
Roosevelt University has received approval from the Illinois Board of Higher Education to offer face-to-face instruction at the McHenry County College University Center starting in Spring 2025. The University Center at MCC allows students who have completed their associate degree to further their education with several university partnerships from across Illinois, allowing suburban students to minimize commute times a
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Stability of perovskite solar cells tripled with protective coating
EVANSTON, Illinois, Nov. 21 -- Northwestern University issued the following news release:
Amanda Morris
Journal: Science
EVANSTON, Ill. - Northwestern University scientists have developed a new protective coating that significantly extends the life of perovskite solar cells, making them more practical for applications outside the lab.
Although perovskite solar cells are more efficient and less expensive than traditional silicon solar cells, perovskite has, until now, been limited by its lack
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Troubling spike in severe pregnancy-related complications for all ages in Illinois
EVANSTON, Illinois, Nov. 21 -- Northwestern University issued the following news release:
Kristin Samuelson
Journal: Obstetrics & Gynecology Open
CHICAGO - A new study from Northwestern Medicine reveals a troubling rise in severe maternal health issues and birth complications in Illinois from 2016 to 2023, closely linked to increases in chronic health conditions affecting pregnancy, such as high blood pressure, gestational diabetes, mental health disorders and especially obesity, which saw th
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University of Chicago Booth's 2024 Economic Outlook Events Set for Dec. 3-4
CHICAGO, Illinois, Nov. 22 -- The University of Chicago issued the following news:
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Discussions with UChicago experts to take place in Chicago, New York
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How will recent events across the world affect the economy in 2025? Renowned scholars from University of Chicago's Booth School of Business will tackle that question during this year's Economic Outlook events in Chicago and New York on Dec. 3-4.
This year's events, entitled "Risks and Opportunities: The Impact of Geopolitics and
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Wheaton College: Drs. Dan and Lisa Burden Receive $270,000 Grant Renewal From National Science Foundation
WHEATON, Illinois, Nov. 22 -- Wheaton College issued the following news:
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The two-year "Special Creativity Extension" from NSF will fund the faculty couple's ongoing project, "Test and Measurement Strategies for the Development of Biological Nanovalves."
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The National Science Foundation awarded Drs. Dan and Lisa Burden with additional funds for their work uncovering silent translocations in nanopores and ion channels. Other investigators have suspected that the phenomenon existed,
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