Business Stories from January 2, 2013 (Change date)
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Abbott completes split with AbbVieJan 03, 2013 8:17 am - Libertyville Township-based Abbott Laboratories and its pharmaceutical spinoff AbbVie Inc. kicked off the year as separate companies. AbbVie, which began trading Wednesd...
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Soccer Plus stores closing in Palatine, LibertyvilleJan 03, 2013 2:33 pm - One of the first business casualties of the new year will be Soccer Plus, a longtime retailer of soccer and lacrosse equipment and attire. The specialty retailer will cl...
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Elgin’s Middleby Corp. acquires Viking RangeJan 03, 2013 8:17 am - Middleby CEO Selim A. Bassoul bought his first Viking range for his home about 12 years ago. Over the years, Bassoul, top executive of the maker of commercial cooking eq...
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Tiffany reaches licensing deal to sell jewelry by Elsa PerettiJan 02, 2013 7:48 am - Tiffany & Co., the luxury jeweler whose profit has trailed analysts’ estimates for four straight quarters, reached an agreement to continue selling jewelry by Elsa Peret...
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Best vehicle sales streak since 1973 boosts U.S. dealersJan 02, 2013 7:06 pm - U.S. light-vehicle sales probably rose in December to wrap up a three-year run unrivaled in almost four decades as consumers replaced cars and trucks that are, on averag...
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Boeing 737 max orders top 1,000 with $6 billion lessor dealJan 03, 2013 8:08 am - Boeing Co. won an order for 60 of its upgraded single-aisle 737s, with a catalog value of $6 billion, from Aviation Capital Group LLC. The purchase brings total orders f...
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Algonquin buys 109.5-Megawatt Illinois wind farm from GoldwindJan 02, 2013 7:48 am - Algonquin Power & Utilities Corp., a Canadian renewable-energy producer, purchased a 109.5-megawatt wind farm in Illinois from China’s Xinjiang Goldwind Science & Techno...
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European stocks jump to 22-month high as U.S. passes budget dealJan 02, 2013 1:07 pm - European stocks rallied to the highest in nearly 22 months as U.S. lawmakers passed a budget bill that avoided most scheduled tax increases threatening a recovery in the...
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Samsung loses bid to seal sales dataJan 02, 2013 4:49 pm - Samsung Electronics Co. lost a bid to keep sales data of some of its products sealed in a U.S. patent dispute with Apple Inc. U.S. District Judge Lucy Koh in San Jose Mo...
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Macau casino revenue in 2012 rose to $38 billionJan 02, 2013 10:29 am - HONG KONG — Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion, as the Asian gambling hub reinforced its position as the world’s biggest gamb...