Business

Business and professional briefs, June 22, 2014

New jobs

McMeen joins Carle. Dr. Victoria McMeen has joined the medical staff at Carle, working in allergy and immunology.

She received her medical degree from the National Medical University, Kiev, Ukraine, in 1997. She received fellowship training in allergy and immunology from the University of Virginia, Charlottesville, from 2006 to 2008.


Quick read: Keep an eye on Panera stock

You usually expect bread to rise, but for the last three months, Panera Bread Co.'s stock price has dropped by 22 percent.

Last week it hit a low for the year — the lowest it's been since mid-2012 — at a time when the stock market is generally up.


It's Your Business: Sears Hometown to open in Champaign

Sears is returning to Champaign, albeit in a more modest way.

Humberto Alessandrini plans to open a Sears Hometown store at the west end of Market View Shopping Center, adjacent to TJ Maxx.


Building permits, June 22, 2014

Listed are recent permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000.

Permits are listed by applicant, location, description and cost.

CHAMPAIGN

Petry-Kuhne Co., second-phase alteration to Carle offices at 2902 Farber Drive, $460,000.


Crops look good; farmers' returns, not so much

A roundup of agricultural news:

URBANA — Crops are looking good so far, but the outlook for farmers' returns this year appears bleak.

That's the word from University of Illinois agricultural economist Gary Schnitkey, who recently reported that farmers could be looking at negative returns on cash-rent farmland this year.


2nd Maize to open soon

Sunday's It's Your Business is loaded. Here's a sample:

Armando Sandoval, co-owner of the Maize Mexican Grill at First and Green streets in Champaign, says he hopes a second Maize will be open next month.


Jim Dey: Peter Fox, no matter where he is, means business

For a man who seemingly has a finger in every pie, Peter Fox is remarkably relaxed.


Four banks up, one down in BauerFinancial ratings

Four area banks were upgraded and one was downgraded in the latest ratings from BauerFinancial based on data for the quarter that ended March 31.

Three banks — First Financial Bank, First National Bank of Catlin and Illinois National Bank — were upgraded from 4 stars ("excellent") to 5 stars ("superior").


Credit unions hold steady in ratings

No area credit unions saw a ratings change in the latest evaluation by BauerFinancial, based on regulatory data from March 31.

The 20 area credit unions rated by BauerFinancial retained the ratings they had for the quarter that ended Dec. 31, 2013.


Updated: Home sales up for sixth consecutive month

CHAMPAIGN — Home sales in the Champaign area rose in May for a sixth consecutive month, relative to the same months last year.

A total of 305 homes were sold in May, up from 295 homes in May 2013, according to the Champaign County Association of Realtors' Multiple Listing Service.


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