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Results tagged “profits”
CBOE, CME Profits Rise as They Complain About Taxes

CBOE, CME Profits Rise as They Complain About Taxes

The money keeps rolling in at CBOE and the Mercantile exchange even as their managing groups lobby to pay less in state income taxes. more ›

McDonald's Profits Soar, Stock Value Rises

McDonald's Profits Soar, Stock Value Rises

McDonald's continues to give its stockholders reason to squeal. The Oak Brook-based company saw its profits for the third quarter increase by 10 percent, exceeding expectations and outpacing the company's performance for the same time frame last year. more ›

While City's Debt Grows, Parking Meter Company Rakes In Profit

While City's Debt Grows, Parking Meter Company Rakes In Profit

The city leased our parking meters for $1.15 billion, about half of what then-Inspector General David Hoffman said we could have gotten for the deal. And now, as those funds have dwindled and the city faces a bigger debt, the company running the meters is posting grand profits, according to a report today from the Chicago News Cooperative: "The financial documents raise new questions about whether the city negotiated the best deal it could for leasing away one of its most lucrative assets." Uh, yeah, ya think? The CNC report continues: more ›

Jewel's Pricing Isn't Saving You Anything

Jewel's Pricing Isn't Saving You Anything

Interesting little story in today's Sun-Times about how Jewel boasting they were slashing prices on thousands of items last spring. Prompted by announced higher-than-expected quarterly profits by Jewel's parent company Supervalu, New York-based market analysts Jeffries & co. conducted a market-basket survey and found that Jewel's prices actually increased 6 percent. the survey measured fast-selling items like milk, bread and eggs, as well as perishables, and found the average basket value of groceries at Jewel-Osco stores in January was $163. Jeffries & Co. also found Jewel to have fewer promotions. more ›

New Law Could Cut Blago's Profits

New Law Could Cut Blago's Profits

All those public appearance fees and book profits may be for naught for former governor Rod Blagojevich. A new law just signed by Gov. Pat Quinn yesterday would prevent convicted public officials from making any sort of profit from crimes. If Blago's convicted, according to the Tribune: more ›

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