Business Stories from September 29, 2011 (Change date)
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Dover sells off Crenlo, Paladin BrandsOct 01, 2011 12:03 am - PRNewswire DOWNERS GROVE — Dover Corporation said it has completed the sale of Crenlo LLC and Paladin Brands to KPS Capital Partners, LP. Total proceeds from the sale ar...
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Warsaw bourse operator picked for talks to buy power exchangeSep 29, 2011 11:14 am - The Warsaw Stock Exchange was picked for exclusive talks to buy state-owned power exchange Towarowa Gielda Energii SA, known as PolPx, Poland’s Treasury Ministry said on...
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Caterpillar, Navistar restructure truck allianceOct 01, 2011 12:03 am - PRNewswire PEORIA — Caterpillar and Warrenville-based Navistar will restructure certain aspects of NC (2) Global joint venture as they move to improve the alliance the t...
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CEOs in U.S. turn more pessimistic on growthOct 01, 2011 12:03 am - Chief executive officers in the U.S. turned more pessimistic in the third quarter as sales projections dropped, darkening the outlook for employment and investment, a su...
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Euribor-OIS Spread Measure Rises for First Time in Four DaysOct 01, 2011 12:03 am - Sept. 29 (Bloomberg) -- A measure of banks' reluctance to lend to one another in Europe rose for the first time in four days, according to a money markets indicator. The...
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U.S. Mortgage Rates Fall to Record as 30-Year Reaches 4.01%Sep 29, 2011 10:09 am - Mortgage rates in the U.S. fell to the lowest level in Freddie Mac records after the Federal Reserve announced a plan to reduce borrowing costs even further. The average...
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ENRC reshuffle may fail to reverse losses on board conflictOct 01, 2011 12:03 am - Eurasian Natural Resources Corp., which has lost almost half its value since its chief executive officer resigned in February, may fail to reverse losses with a board re...
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Smokers Quit With Cheap Remedy Used in Bulgaria for 40 YearsOct 01, 2011 12:03 am - For as little as $6, there may be a smoking-cessation remedy that actually works. A clinical test of Tabex, sold in eastern Europe for more than four decades, shows that...
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Businesses sue Des Plaines over flood damageSep 30, 2011 6:52 am - Several businesses in the O’Hare Lake Office Plaza off Devon Avenue have filed a lawsuit against the city of Des Plaines for damages sustained to their property from flo...
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Bank of America to charge $5 monthly debit card feeSep 30, 2011 10:01 am - NEW YORK — Bank of America plans to start charging customers a $5 monthly fee for using their debit card for purchases. The fee will be rolled out starting early next ye...