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Business

  • Dollar Tree buying rival Family Dollar
    Dollar store chains are duking it out.Dollar Tree Inc. said Monday that it is buying rival Family Dollar Stores Inc. for $8.
  • Earnings off at Franklin Electric Co.
    Franklin Electric Co. on Monday reported second-quarter earnings of $27.1 million, or 55 cents per diluted share, a 4 percent decline from the $28.
  • Profits drop no growth barrier
    Old National Bancorp is continuing its acquisition spree even as it reports second-quarter profit that was one-third less than last year’s comparable period.
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Grain futures mixed, beef prices rise

CHICAGO (AP) — Grains futures were mixed Monday on the Chicago Board of Trade.

Wheat for May delivery fell 18 cents to $7.0250 a bushel; May corn fell 5.25 cents to $7.0325 a bushel; May oats rose 4.50 cents to $3.8425 a bushel; while May soybeans jumped 18.50 cents to $14.62 a bushel.

Beef futures rose, while pork futures fell on the Chicago Mercantile Exchange.

April live cattle rose 0.40 cent to $1.3035 a pound; March feeder cattle rose 0.97 cent to $1.4252 a pound; April lean hogs fell 0.82 cent at 80.30 cents a pound.

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