Freezing CONSUMER SAVINGS AND LOANS …€¦ · HSBC 23773 42.25 +.50 Hallibrtn 131796 40.28 -.24...

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CONSUMER SAVINGS AND LOANS Rates as of March 17, 2015 Banks, savings & loans Money market savings Min. Deposit APY CDs Less than 1 to More than 1 year 3 years 3 years Min. Min. Min Deposit APY Deposit APY Deposit APY Home equity Fixed- Lines of term loans credit $25,000- $25,000- $49,999 $49,999 APR APR Charter One Bank 877-242-7837 $10,000 1.11% $1,000 0.80% 9 mos. $1,000 1.25% 14 mos. $1,000 1.15% 48-53 mos. 5.49% 4.79% Fifth Third Bank 419-259-2370 $50,000 0.30% $5,000 0.05% 11 mos. $5,000 1.00% 28 mos $5,000 2.00% 60 mos. 3.55% 3.05% First Federal Bank Defiance 877-367-8178 $1,000 0.03% $500 0.08% 7 mos. $500 0.75% 25 mos. $500 1.60% 48 mos. 5.166% N/A First Federal S&L of Delta 419-822-3131 N/A $500 0.07% 6 mos. $500 0.15% 12 mos. N/A N/A 5.75% FirstMerit Bank 419-843-9680 $10,000 0.40% $1,000 0.10% 6 mos. $1,000 0.30% 36 mos. $1,000 1.00% 60 mos. 4.99% 3.74% Genoa Bank 800-592-2828 $10,000 0.10% $1,000 0.05% 182 days $1,000 0.20% 12 mos. $1,000 1.00% 60 mos. N/A 3.25% KeyBank 800-539-2968 $25,000 0.10% $2,500 0.25% 10 mos. $10,000 1.00% 29 mos. $25,000 0.75% 48 mos. 3.49% 3.99% Metamora State Bank 419-885-1996 $25,000 0.15% $5,000 0.10% 182 days $10,000 0.30% 24 mos. $1,000 1.50% 60 mos. N/A 4.25% Union Bank 419-659-2141 $50,000 0.03% $500 0.35% 11 mos. $500 0.85% 25 mos. $500 2.018% 59 mos. 5.125% 2.99% Credit unions AP Federal C.U., Toledo 419-476-2531 $50,000 0.30% $500 0.15% 6 mos. $500 0.55% 36 mos. $500 0.95% 60 mos. 5.00% 3.99% Champion C.U., Toledo 419-407-4140 $25,000 0.25% $1,000 0.10% 6 mos. $1,000 0.40% 36 mos. $1,000 0.50% 48 mos. 5.50% 3.25% Co-op C.U., Toledo 419-865-3600 N/A $1,000 0.10% 6 mos. $1,000 0.45% 24 mos. $5,000 0.55% 48 mos. N/A N/A Directions Credit Union, Sylvania Twp., 419-841-9838 $50,000 0.20% $500 0.10% 6 mos. $500 0.90% 36 mos. $500 2.00% 60 mos. 5.25% 4.25% Glass City Federal Credit Union, 419-887- 1000 $50,000 0.25% $500 0.10% 6 mos. $500 0.55% 36 mos. $500 1.25% 60 mos. 5.125% 3.25% Jeep Country Fed. C.U., Holland 419-865-2200 $10,000 0.30% $1,000 0.25% 6 mos. $1,000 1.00% 36 mos. $1,000 1.15% 48 mos. 4.50% 4.00% Maumee Valley C.U., Toledo 800-890-7931 $1,000 0.25% $500 0.20% 6 mos. $10,000 0.75% 12 mos. $500 0.90% 48 mos. 4.25% 4.00% Sun Federal C.U., Maumee 419-893-2170 $75,000 0.40% $500 0.25% 6 mos. $500 0.35 % 12 mos. $1,000 1.66% 54 mos. 3.50% 5.00% Toledo Teamsters C.U., 419-243-7373 $5,000 0.25% $500 0.10% 6 mos. $1,000 0.25% 24 mos. $1,000 0.70% 48 mos. 5.50% N/A Source: Financial institutions NOTE: There may be terms and conditions to obtain the above rates, including having a savings or checking account with the institution. Also, for credit unions, conditions could include being a resident of a particular county or an employee at specified businesses. APY is annual percentage yield, and it could change during the term of deposit. APR is annual percentage rate (including interest and fees). Methods of compounding vary. N/A means not available. e n -

Transcript of Freezing CONSUMER SAVINGS AND LOANS …€¦ · HSBC 23773 42.25 +.50 Hallibrtn 131796 40.28 -.24...

Page 1: Freezing CONSUMER SAVINGS AND LOANS …€¦ · HSBC 23773 42.25 +.50 Hallibrtn 131796 40.28 -.24 ... CONSUMER SAVINGS AND LOANS R ates as of March 17, 2015 Banks, savings & loans

THE BLADE: TOLEDO, OHIO ■ WEDNESDAY, MARCH 18, 2015 SECTION B, PAGE 7toledoBlade.com

Market at a Glance

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18,240Dow Jones industrialsClose: 17,849.08Change: -128.34 (-0.7%)

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local StockS

65.38 48.31 Amer Elec Power 23581 55.90 -.26 69.93 38.79 Andersons Inc (The) 2800 40.25 +.84 53.48 34.88 BP PLC 48364 37.82 +.27 60.15 42.28 Bob Evans Farms 2409 46.81 -.30 38.66 27.90 CMS Engy 39552 34.39 +.09 48.31 41.15 Campbell Soup 7490 45.16 -.10 56.81 42.75 Cedar Fair 1525 55.43 +.19 39.35 23.19 Cooper Tire 6883 39.08 +.16 92.27 69.85 DTE Energy Co 11124 78.62 -.35 24.82 16.81 Dana Holding 14742 20.84 -.09 132.74 87.81 Dillards Inc 4166 134.72 +3.03 23.90 17.14 Fifth Third Bcp 86833 19.25 ...35.70 26.50 FstDefianceFinl 135 32.94 +.21 74.84 39.18 First Solar Inc 22870 60.49 +.27 41.68 29.98 FirstEnergy Corp 32945 35.06 -.05 22.08 16.26 FirstMerit Corp 10143 19.29 +.11 28.98 18.87 Goodyear 19328 25.06 -.25 84.88 56.45 Hlth Care REIT 25030 74.66 -.54 11.21 8.80 Huntgtn Bancshs 90379 11.22 +.08 52.00 38.60 Johnson Controls 20656 49.47 -.26 14.70 11.55 Keycorp 71601 14.61 +.02 77.62 43.02 Kroger Co 39281 76.00 -1.05 28.48 19.03 La-Z-Boy Inc 3759 26.38 +.34 38.58 22.36 Libbey Inc 549 37.17 -.11 5.85 4.55 MBT Financial Corp 12 5.75 +.05 85.57 46.08 MPLX LP 1219 73.22 ... 108.32 74.64 Marathon Petroleum 17657 97.74 -.32 40.60 26.64 Materion Corp 1159 37.33 +.54 44.33 28.38 Owens Corning 18374 38.27 -.30 35.18 22.65 Owens Illinois 12765 23.34 +.14 96.71 76.69 PNC Financial 25532 95.82 -.14 93.89 77.29 Procter & Gamble 72827 82.85 -.71 11.00 7.71 SB Financial Group 13 10.87 -.01 115.84 94.12 Smucker, JM 4207 110.59 -1.19 217.11 135.37 Whirlpool 7642 196.93 -1.76

52-week Vol HIGH low NAMe (100s) CloSe CHG

For more stock and mutual fund listings go to... toledoblade.com/business

AT&T Inc 237040 32.90 -.16AbbottLab 54345 47.09 -.74Aetna 22643 105.40 -.67Alcoa 286558 13.06 -.23Allstate 30296 69.98 -.51Altria 60018 51.62 -.47Amazon 20093 371.92 -1.43AEagleOut 39395 17.08 -.17AmExp 41843 81.06 -.44Amgen 25878 163.07 +.04ABInBev 7410 121.00 -1.31Apple Inc s 495904 127.04 +2.09ApldMatl 128940 24.21 -.37ArchDan 29332 46.25 -.24Avon 117743 7.32 +.04BkofAm 579252 16.09 -.04Barclay 25702 14.95 -.15BestBuy 48272 41.64 +.01BigLots 6717 49.85 -.32BlockHR 15124 32.19 +.03Boeing 29140 154.51 +.84BostonSci 225300 17.40 +.16BrMySq 52504 67.62 -.41CSX 43648 34.63 -.03CVS Health 45442 103.02 -1.37CapOne 21887 81.50 +.03Caterpillar 69572 78.45 -1.52Chevron 70389 103.17 +.04Chipotle 3039 672.00 -6.88Cisco 216230 28.15 -.15

Citigroup 135279 53.84 +.15CocaCola 213832 40.51 +.22Comcast 144002 59.13 -.62Comerica 22936 46.83 +.72ConAgra 16837 34.49 +.06ConocoPhil 63857 62.01 -.39Corning 71062 23.37 -.34Costco 19375 150.03 +.04CredSuiss 14077 24.79 -.18DeltaAir 112928 46.65 +.49Discover 29859 58.91 -.59Disney 43828 106.96 -.41DowChm 63067 46.63 -.40DuPont 163883 74.68 -2.39DukeEngy 25521 75.08 -.63eBay 68342 59.49 -.08EMC Cp 96051 25.96 -.22Eaton 22101 67.68 -.11EliLilly 25202 70.84 -.23ExxonMbl 128503 84.08 -.68Facebook 216826 79.36 +1.30FedExCp 26652 175.71 -1.61FordM 198208 16.39 -.10Gap 22443 41.28 +.01Garmin 9053 48.48 -.26GenDynam 11595 134.13 -.84GenElec 337850 25.31 -.14GenMills 27984 52.05 -.36GenMotors 94979 38.29 -.29GlaxoSKln 26586 47.23 +.26

GoldmanS 18658 190.57 -1.33Google A 14152 557.61 -4.03HSBC 23773 42.25 +.50Hallibrtn 131796 40.28 -.24HarleyD 22527 59.75 +.51Hershey 6948 100.07 -.79HewlettP 101639 32.43 +.05HomeDp 36803 115.58 -.92Honda 11071 34.01 -.42HonwllIntl 18462 102.21 -.57ING 32164 14.45 -.09Intel 286337 30.59 -.24IBM 32855 156.96 -.12Intuit 14133 98.98 -.40JPMorgCh 115246 61.61 -.24JohnJn 71788 99.89 -1.17Kellogg 17757 62.25 -.59KimbClk 27917 105.27 -1.16Kohls 26714 74.33 +.13Level3 11599 54.42 -.13Lowes 38848 74.57 -.87Macys 27717 64.10 -.03Manulife g 15228 17.08 -.02Mattel 49687 24.44 -.61McDnlds 43843 96.17 -.98Medtrnic 44769 76.72 -.95Merck 99302 56.47 -.65Meritor 13738 13.17 -.08MetLife 46148 51.60 -.32Microsoft 313191 41.70 +.14

Mondelez 85460 34.36 -.35MorgStan 82288 36.55 -.18Netflix 26146 418.52 -3.45NiSource 17661 41.92 +.08NokiaCp 436829 7.67 -.11NorflkSo 13218 109.88 -.70NorthropG 11166 161.16 -.18Novartis 11147 97.60 -.28OfficeDpt 75315 9.27 -.01Oracle 197344 42.87 -.54ParkerHan 11148 119.43 -.61Penney 88809 7.88 +.08PepsiCo 44792 94.13 -1.32Pfizer 203816 34.17 -.27PhilipMor 40944 77.89 ...Phillips66 25309 75.95 -.34PwShs QQQ 188608 106.87 +.17Priceline 5446 1153.57 -4.87Prudentl 22465 82.32 -.75PulteGrp 51962 20.95 -.12Qualcom 109483 69.82 -.19RiteAid 311989 7.88 +.42RD Shell 36084 58.43 +.66Schwab 77346 30.90 +.11SearsHldgs 5910 39.79 +1.32Sherwin 5632 286.05 -2.09SiriusXM 282861 3.95 +.02SonyCp 17854 26.75 +.93StanBlkDk 19021 94.47 -.55Staples 75908 16.18 +.14

VolNAMe (100s) CloSe CHG

VolNAMe (100s) CloSe CHG

VolNAMe (100s) CloSe CHG

VolNAMe (100s) CloSe CHG

VolNAMe (100s) CloSe CHG

Widely Held StockS

top 100 FundSNAMe NAV CHG NAMe NAV CHG NAMe NAV CHG NAMe NAV CHG NAMe NAV CHGDFAEmMkCrEqI 18.91 +.16EmMktValI 25.24 +.24USLgValI 33.90 -.14Dodge & CoxBal 102.57 -.24Income 13.87 ...IntlStk 43.23 -.05Stock 180.31 -.61FPACres d 33.84 -.07FidelityBal 23.26 -.01BlChGrow 72.67 +.09Contra 101.50 -.12ContraK 101.44 -.12DivrIntl d 36.48 -.13FrdmK2020 14.55 -.01FrdmK2030 15.58 -.01GrowCo 139.94 +.32GrthCmpK 139.79 +.32LowPrStkK d 50.98 -.16LowPriStk d 51.02 -.16Magellan 95.84 -.09

Puritan 22.10 -.03TotalBd 10.73 +.01Fidelity Spartan500IdxAdvtg 73.73 -.24500IdxInstl 73.73 -.24TotMktIdAg d 61.00 -.13First eagleGlbA m 53.50 -.04FrankTemp-FranklinIncome C m 2.39 -.01IncomeA m 2.37 ...FrankTemp-TempletonGlBondA m 12.34 ...GlBondAdv 12.29 -.01HarborCapApInst 62.08 -.04IntlInstl 67.41 -.35loomis SaylesBdInstl 14.48 -.01MFSValueI 35.40 -.18Metropolitan westTotRetBdI 10.95 +.02

TotRtBd b 10.95 +.01oakmarkEqIncI 32.35 ...Intl I 24.77 ...Oakmark I 66.75 ...oppenheimerDevMktY 34.05 +.18PIMCoAllAssetI 11.46 ...IncomeInl 12.34 ...TotRetAdm b 10.79 +.01TotRetIs 10.79 +.01SchwabS&P500Sel d 32.54 -.10T Rowe PriceBlChpGr 71.60 +.03CapApprec 26.92 -.05EqIndex d 56.11 -.19EqtyInc 32.48 -.12GrowStk 55.32 +.11MidCpGr 79.54 -.01NewHoriz 46.17 +.08NewIncome 9.62 ...R2025 16.07 ...

Rtmt2020 21.10 -.02Rtmt2030 23.60 -.02Value 35.01 -.01Vanguard500Adml 192.17 -.64500Inv 192.12 -.64BalIdxAdm 30.12 -.03BdMktInstPls 10.91 ...DivGr 23.25 -.09ExtdMktIdxIP 171.89 +.42GNMAAdml 10.82 +.01GrthIdAdm 55.78 -.04HltCrAdml 98.30 +.01ITGradeAd 9.90 ...InstIdxI 190.94 -.63InstPlus 190.96 -.63InstTStPl 47.66 -.10IntlStkIdxAdm 26.72 -.03IntlStkIdxI 106.87 -.10IntlStkIdxIPls 106.89 -.11MidCpAdml 158.47 -.21MuIntAdml 14.23 +.02MuLtdAdml 11.02 ...PrmcpAdml 110.14 -.10

REITIdxAd 117.95 -.12STGradeAd 10.68 -.01SmCpIdAdm 58.04 +.10Star 25.16 -.01TgtRe2015 15.52 -.02TgtRe2020 28.94 -.03TgtRe2030 29.58 -.04TgtRe2035 18.18 -.03TgtRe2040 30.36 -.05TgtRe2045 19.03 -.03Tgtet2025 16.82 -.02TlIntlBdIdxInv 10.77 ...TotBdAdml 10.91 ...TotBdInst 10.91 ...TotIntl 15.98 -.01TotStIAdm 52.55 -.12TotStIIns 52.56 -.11TotStIdx 52.52 -.12WellsIAdm 62.12 -.04Welltn 39.47 -.10WelltnAdm 68.18 -.16WndsIIAdm 66.30 -.22WndsrII 37.36 -.12

Fund notes: b-Fee covering market costs is paid from fund assets. m-Multiple fees are charged, usually a marketing fee and either a sales or redemption fee. x-fund paid a distribution during the week.

Stock notes:d - new intraday 52-week low n-stockwasanewissueinthelastyear-the52-weekhighandlowfiguresarecalculatedfromtheirstartdates - stock has split, increasing outstanding shares by at least 20 percent within the last year u-new intraday 52-week high v - Trading halted on primary market vj - company in bankruptcy, receivership or being reorganized under the bankruptcy law - this appears in front of the name

Starbucks 26808 94.39 +.34Steelcse 5225 19.01 +.24TD Ameritr 13121 37.79 -.04TJX 28616 68.31 -.35TRWAuto 13870 104.74 -.11Target 47792 81.03 +.54Taubmn 9426 79.51 +.41TexInst 31781 57.97 -.363M Co 25350 164.23 -1.98TimeWarn 43782 85.76 +.31TootsieR 732 33.11 -.32Total SA 10237 48.03 +.55Toyota 6217 136.96 -.56UPS B 19550 99.60 -.66US Bancrp 49473 44.95 -.02UtdTech 31125 119.86 -.21UtdhlthGp 32563 117.60 -.92ValeroE 54001 59.90 +.24VerizonCm 150423 48.95 -.32Vodafone 25087 32.70 -.20WalMart 46427 82.62 -.67WalgBoots 51394 86.26 -.51WellsFargo 129387 55.91 +.18Wendys Co 25779 11.05 +.22Xerox 50856 12.83 -.06Yahoo 94404 43.79 +.28YumBrnds 27536 77.86 -.33

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5,000Nasdaq compositeClose: 4,937.44Change: 7.93 (0.2%)

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2,120S&P 500Close: 2,074.28Change: -6.91 (-0.3%)

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American FundsAMCAPA m 28.69 -.07AmBalA m 24.83 -.06BondA m 12.86 +.01CapIncBuA m 59.08 -.11CpWldGrIA m 46.96 -.14EurPacGrA m 49.31 -.04FnInvA m 52.53 -.19GrthAmA m 44.34 -.01IncAmerA m 21.57 -.05InvCoAmA m 36.88 -.09MutualA m 37.00 -.10NewPerspA m 37.88 -.02SmCpWldA m 47.34 +.04WAMutInvA m 41.32 -.12ArtisanIntl d 30.97 -.21BlackRockEqDivI 24.84 -.10GlobAlcA m 20.22 ...GlobAlcC m 18.56 ...GlobAlcI 20.33 -.01StrIncIns 10.20 -.01

NAMe NAV CHG

CONSUMER SAVINGS AND LOANS Rates as of March 17, 2015

Banks, savings & loans

Money market savings

Min. Deposit APY

CDs Less than 1 to More than 1 year 3 years 3 yearsMin. Min. Min Deposit APY Deposit APY Deposit APY

Home equity Fixed- Lines of term loans credit $25,000- $25,000- $49,999 $49,999 APR APR

Charter One Bank 877-242-7837 $10,000 1.11% $1,000 0.80%

9 mos.$1,000 1.25%

14 mos.$1,000 1.15%

48-53 mos. 5.49% 4.79%

Fifth Third Bank 419-259-2370 $50,000 0.30% $5,000 0.05%

11 mos.$5,000 1.00%

28 mos$5,000 2.00%

60 mos. 3.55% 3.05%

First Federal Bank Defiance 877-367-8178

$1,000 0.03% $500 0.08% 7 mos.

$500 0.75% 25 mos.

$500 1.60% 48 mos. 5.166% N/A

First Federal S&L of Delta 419-822-3131

N/A $500 0.07% 6 mos.

$500 0.15% 12 mos. N/A N/A 5.75%

FirstMerit Bank 419-843-9680 $10,000 0.40% $1,000 0.10%

6 mos.$1,000 0.30%

36 mos.$1,000 1.00%

60 mos. 4.99% 3.74%

Genoa Bank 800-592-2828 $10,000 0.10% $1,000 0.05%

182 days$1,000 0.20%

12 mos.$1,000 1.00%

60 mos. N/A 3.25%

KeyBank 800-539-2968 $25,000 0.10% $2,500 0.25%

10 mos.$10,000 1.00%

29 mos.$25,000 0.75%

48 mos. 3.49% 3.99%

Metamora State Bank 419-885-1996

$25,000 0.15% $5,000 0.10% 182 days

$10,000 0.30% 24 mos.

$1,000 1.50% 60 mos. N/A 4.25%

Union Bank 419-659-2141 $50,000 0.03% $500 0.35%

11 mos.$500 0.85%

25 mos.$500 2.018%

59 mos. 5.125% 2.99%

Credit unions

AP Federal C.U., Toledo 419-476-2531

$50,000 0.30% $500 0.15% 6 mos.

$500 0.55% 36 mos.

$500 0.95% 60 mos. 5.00% 3.99%

Champion C.U., Toledo 419-407-4140

$25,000 0.25% $1,000 0.10% 6 mos.

$1,000 0.40% 36 mos.

$1,000 0.50% 48 mos. 5.50% 3.25%

Co-op C.U., Toledo 419-865-3600

N/A $1,000 0.10% 6 mos.

$1,000 0.45% 24 mos.

$5,000 0.55% 48 mos. N/A N/A

Directions Credit Union, Sylvania Twp., 419-841-9838

$50,000 0.20% $500 0.10% 6 mos.

$500 0.90% 36 mos.

$500 2.00% 60 mos. 5.25% 4.25%

Glass City Federal Credit Union, 419-887-1000

$50,000 0.25% $500 0.10% 6 mos.

$500 0.55% 36 mos.

$500 1.25% 60 mos. 5.125% 3.25%

Jeep Country Fed. C.U., Holland 419-865-2200

$10,000 0.30% $1,000 0.25% 6 mos.

$1,000 1.00% 36 mos.

$1,000 1.15% 48 mos. 4.50% 4.00%

Maumee Valley C.U., Toledo 800-890-7931

$1,000 0.25% $500 0.20% 6 mos.

$10,000 0.75% 12 mos.

$500 0.90% 48 mos. 4.25% 4.00%

Sun Federal C.U., Maumee 419-893-2170

$75,000 0.40% $500 0.25% 6 mos.

$500 0.35 % 12 mos.

$1,000 1.66% 54 mos. 3.50% 5.00%

Toledo Teamsters C.U., 419-243-7373 $5,000 0.25% $500 0.10%

6 mos.$1,000 0.25%

24 mos.$1,000 0.70%

48 mos. 5.50% N/A

Source: Financial institutionsNOTE: There may be terms and conditions to obtain the above rates, including having a savings or checking account with the institution. Also, for credit unions, conditions could include being a resident of a particular county or an employee at specified businesses.APY is annual percentage yield, and it could change during the term of deposit. APR is annual percentage rate (including interest and fees). Methods of compounding vary. N/A means not available.

BanksContinued from Page B6

Michigan counties of Monroe,Hillsdale, and Lenawee coun-ties, nothing changed in theratings of the four creditunions there. The ratings oftwo banks in those countiesalso did not change.

Other than Beacon Mutual,Toledo Teamsters, andCroghan Colonial, the remain-ing banks and credit unions innorthwest Ohio were un-changed.

In northwest Ohio, 25 creditunions received five stars, 10

had four stars, five had threestars, the Toledo Teamsterscredit union had one star, andfive institutions did not haveenough in total deposits to re-ceive a rating.

Among northwest Ohiobanks, 14 had five stars, six hadfour stars, two had three-and-a-half stars, and one institu-tion, Bank of Maumee, hadtwo stars.

In southeast Michigan, twocredit unions had five stars andtwo had four stars. One bankhad five stars and two bankshad four stars.

Contact Jon Chavez at:[email protected]

or 419-724-6128.

SugarContinued from Page B6

stockpiles of 79.89 milliontons, or almost enough tosupply the world’s top sevenconsuming countries, datafrom the London-based sugarorganization show. India, thesecond-largest producer, willhave the biggest harvest inthree years at 26 million tons,a Bloomberg survey showed.A Thai industry group esti-mated cane output rose 6.1percent this season.

In Brazil, which suppliesone-fifth of the world’s sugar,the incentive to sell moreoverseas has increased in thepast few months, as budgetdeficits and a stalled economysent the real plunging to thelowest in almost 11 yearsagainst the dollar. In the weekended March 11, domesticcargoes waiting to be shipped

jumped 33 percent from aweek earlier, according toRecife, Brazil-based WilliamsServicos Maritimos Ltda.

Two decades of uninter-rupted consumption growth

and four years of slumpingprices may leave less supplythan forecast. In Europe, peo-ple ate on average 81.8 poundsof sugar in 2013, up from 77.4pounds in 2011, while Ameri-cans ate 71.6 pounds, up from68.3 pounds, the sugar organi-zation estimates. Globally theaverage was 50.7 pounds.

Food makers may not seemuch benefit in the UnitedStates, where the governmentlimits sugar imports. Domes-tic futures, which trade at apremium to the world price,are up 9.6 percent from a yearago. Mondelez raised pricesto cover higher costs for co-coa, milk, and sugar.

Commodities got cheaperin recent months, but they“are all still up year-over-year,” CEO Irene B. Rosenfeldsaid on a Feb. 11 conferencecall. “The market basket of in-puts for our chocolate busi-ness are among the highest,”which is why the Deerfield,Ill.-based company made $1.6billion of price increases lastyear, she said.

While sugar was “modestlyfavorable for us” in 2014, thebenefit was “overwhelminglyoffset” by cocoa, dairy, andpackaging costs, MichaelMitchell, a Mondelez spokes-man, said Monday via email.

FreezingFebruarycrusheshome startsCold could frosteconomic growthASSOCIATED PRESS

WASHINGTON — Con-struction of new homes plum-meted in February, as fiercewinter weather froze housingstarts in the Northeast andMidwest.

The Commerce Departmentsaid Tuesday that builders be-gan construction at a season-ally adjusted annual rate of897,000 homes in February, asteep 17 percent plunge fromJanuary. Housing starts slid56.5 percent in the Northeastand 37 percent in the Midwest,while falling 18.2 percent inthe West and 2.5 percent in theSouth.

The brutal cold spell acrossthe Northeast and Midwestlikely caused construction ac-tivity to slow. Fewer would-bebuyers are touring openhouses, while consumers seemintent on using their savings atthe gasoline pump to paydown debt.

The impact of the coldweather on construction willlikely subdue overall economicgrowth in the first threemonths of 2015.

“A weak first quarter is nowa virtual guarantee as yet an-other cold winter is dampen-ing activity,” said Dan Green-haus, chief strategist at thebrokerage BTIG.

The National Association ofHome Builders/Wells Fargobuilder sentiment index re-leased Monday slipped to 53 inMarch, the third straightmonthly decline. Readingsabove 50 indicate more build-ers view sales conditions asgood, although the indexshowed a drop in buyer traffic.

Sales of new U.S. homeswere basically flat in January,falling 0.2 percent from theprevious month to a seasonallyadjusted annual rate of481,000, according to a sepa-rate Commerce Departmentreport. Sales rose 5.3 percentfrom a year earlier, when theextreme winter hurt sales.

Employers added 295,000jobs last month to help cut theU.S. unemployment rate to aseven-year low of 5.5 percent.And the average 30-year fixedmortgage rate was 3.86 percentlast week, according to mort-gage giant Freddie Mac. A yearago it was 4.37 percent.

Housing-industry analystsexpect sales to rebound withspring and as the broader eco-nomic strength r ipplesthrough to the housing sector.But Tuesday’s report indicatesthat the gains could be con-centrated in the rental market.

Approved building permitsrose 3 percent to an annualrate of 1.09 million in Febru-ary, as apartments accountedfor the entire gain.

RenegadeContinued from Page B6

Tom Libby, an analyst withIHS Automotive. “Other main-stream brands are going to beforced to go into that segmentto maintain their share.”

Mr. Libby thinks Jeep hasdone a good job in positioningthe Renegade into its lineup,and expects it to sell well —though likely not to the level ofthe Cherokee, Wrangler, orGrand Cherokee.

Though the Renegade mayhurt sales of the Jeep Compassand Patriot, both of which areold models due for replace-ment, analysts don’t expect itto steal any sales from any ofthe larger Jeeps, such as theCherokee. In fact, it may helpthe Cherokee down the roadwhen Renegade drivers arelooking to trade up.

Though the seating positionwould suggest otherwise, theRenegade rides more like a carthan a truck. Built in Italy, theRenegade shares its platformwith the Fiat 500X. However,there’s still plenty of Jeep DNA,especially in Trailhawk trim.

Like with the Cherokee, theTrailhawk version providesgoodies meant for off-roading.It also adds cosmetic touches,such as the topographic mappattern of the seat fabric.

The seats are firm, but com-fortable. The Renegadedoesn’t seem to have quite thesame level of refinement thatthe larger and more expensiveCherokee does, and there’s alittle bit of wind and roadnoise. There’s not a ton of backseat room, but you can legiti-

mately carry adult passengers.On the road, it feels nimble

and light, though not terriblyquick. We drove the morepowerful 2.4-liter equippedversion, which is paired withthe same nine-speed auto-matic transmission that goes inthe Chrysler 200 and JeepCherokee. The Renegade alsocomes with a turbocharged1.4-liter four cylinder that canbe paired with a six-speedmanual gearbox.

And though the Renegadecertainly doesn’t ride like aWrangler, you’re not likely toforget you’re driving a Jeep.

From subtle to screaming,there are little Jeep design de-tails everywhere.

The famous Willys-style slot-ted-grille-and-headlight motifis stamped into the speakers,the rearview mirror housing,and a number of other places,including both headlights andboth taillights. There areplenty more, but looking forthem is half the fun.

Pricing starts around$18,000 for a base front-wheeldrive model but can scoot past$30,000 for a well-optionedTrailhawk. The one we took fora spin was listed at $28,230.

Contact Tyrel Linkhorn at:[email protected]

or 419-724-6134.

Pricing starts ataround $18,000 for a

base front-wheeldrive model but canscoot past $30,000for a well-optioned

Trailhawk

Two decades ofuninterrupted

consumption growthand four years of

slumping prices mayleave less supply

than forecast