Business Stories from May 9, 2011 (Change date)
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Microsoft to buy Skype for $8.5 billionMay 12, 2011 2:22 pm - NEW YORK — Microsoft Corp. said Tuesday that it has agreed to buy the popular Internet telephone service Skype SA for $8.5 billion in the biggest deal in the software ma...
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Survey: Pension plan sponsors adopting new investments to reduce volatilityMay 12, 2011 2:22 pm - A survey from Aon Hewitt, the Lincolnshire-based human resources outsourcing and consulting business of Aon Corporation, found that after years of market turmoil, pensi...
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Wendy's/Arby's loss narrows; plans price increasesMay 12, 2011 2:22 pm - Wendy's/Arby's Group Inc. says it lost $1.4 million in the first quarter and lowered expectations for 2011 earnings, citing the rising cost of beef. The fast-food giant ...
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Stock futures point to third straight day of gainsMay 10, 2011 8:02 am - NEW YORK — Stock futures are pointing to a third straight day of gains. It would follow advances across European markets, which are rising on hopes that Greece will get ...
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Private equity firm to buy 'American Idol' parentMay 12, 2011 2:22 pm - NEW YORK — The company that is parent of "American Idol" and owns the rights to the name, image and likeness of Elvis Presley and Muhammad Ali is being sold for about $5...
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Motorola Mobility acquires SunUp Digital SystemsMay 12, 2011 2:22 pm - Libertyville-based Motorola Mobility announced that it has acquired SunUp Digital Systems, a software provider based in Santa Clara, Calif. Terms of the transaction were...
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Gallagher acquires Meyers-Reynolds & AssociatesMay 10, 2011 10:13 am - Itasca-based Arthur J. Gallagher & Co. announced the acquisition of Meyers-Reynolds & Associates, headquartered in Oklahoma City, Oklahoma. Terms of the transaction wer...
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Oil falls below $102 ahead of U.S. supply reportsMay 10, 2011 8:18 am - Oil prices fell below $102 a barrel Tuesday as traders anticipated a further rise in weekly U.S. crude inventories, a sign of weakening demand in the world's largest eco...
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Hoffman officials hit with Sears questions; Sears emails employeesMay 10, 2011 7:02 am - The phones continually rang Monday with callers asking Hoffman Estates officials a bevy of questions regarding Sears Holdings Corp.'s potential departure from the villag...
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Bottom line trumps local ties in locating Sears HQJan 11, 2017 1:32 pm - When Edward A. Brennan was at the helm at Sears Roebuck & Co., he spearheaded the move from downtown Chicago to Hoffman Estates. He lived in West suburban Burr Ridge and...
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