Business Stories from January 30, 2012 (Change date)
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Greece ‘a step’ away from twin rescue dealsJan 30, 2012 11:00 pm - ATHENS, Greece — Greece has all but concluded a crucial deal to write off half its privately held debt and is now working on new austerity measures needed to secure cont...
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Hot start: Dow and S&P have best January since '97Jan 30, 2012 11:00 pm - NEW YORK — It's the best start for stocks in 15 years. In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 percent in January and the S...
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Lilly 4Q profit falls 27 percent, hurt by patent lossJan 30, 2012 11:00 pm - INDIANAPOLIS — Eli Lilly and Co.’s net income tumbled 27 percent in the last quarter of 2011 as the drugmaker faced another revenue-sapping patent expiration for a key p...
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Tellabs cuts 530, including at Naperville headquartersJan 30, 2012 11:00 pm - Tellabs Inc., which makes mobile network infrastructure equipment, said today that it is cutting about 530 positions, including at its Naperville headquarters, and will ...
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Higher oil prices boost Exxon 4Q profit 2 percentJan 30, 2012 11:00 pm - NEW YORK — Exxon Mobil’s fourth-quarter profit rose 2 percent as higher oil prices offset a drop in production. The world’s largest publicly traded oil company said Tue...
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Analysis: Obama recovery from Bush slump still slowJan 30, 2012 11:00 pm - WASHINGTON — The brightening economy as the 2012 election year begins doesn’t yet match Ronald Reagan’s “Morning in America.” President Barack Obama presides over an ec...
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Oil price up on Europe measures to end debt crisisJan 30, 2012 11:00 pm - Oil prices are climbing on hopes that demand may improve after European leaders agreed on new measures to resolve the region’s crippling debt crisis. Benchmark oil rose ...
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L’Oreal claims Coppertone, Neutrogena violate patentsJan 30, 2012 11:00 pm - L’Oreal SA, the French beauty-care company, sued the owners of Coppertone and Neutrogena, claiming their sunscreens use its patented ingredients. L’Oreal accused Merck &...
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Manitex subsidiary gets $1.9 mil stacker orderJan 30, 2012 11:00 pm - PRNewswire BRIDGEVIEW — Manitex International Inc. announced a $1.9 million order, including options for future deliveries, from the Canadian military for CVS Ferrari re...
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PharMEDium to extend agreement with NovationJan 30, 2012 11:00 pm - PRNewswire LAKE FOREST — PharMEDium has extended its agreement with Novation through October 2013 to deliver outsourced pharmacy compounding and admixture services, acco...