Business Stories from October 2, 2012 (Change date)
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Vanguard switches to lower-cost fund benchmarksOct 02, 2012 11:24 am - BOSTON — Vanguard Group is trying to bolster its appeal to cost-conscious investors by reducing a key expense of investing in low-cost index mutual funds: fees paid to f...
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Stocks sink on mixed economic signalsOct 02, 2012 11:24 am - NEW YORK — A batch of mixed economic signals tugged major stock indexes lower on Tuesday. The country’s largest fertilizer company, Mosaic, said weak demand from China ...
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Third American Airlines flight had seats come looseOct 02, 2012 11:24 am - DALLAS — American Airlines says passenger seats on a third flight came loose as the plane was airborne, and it’s continuing to inspect other jets with similar seating. T...
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U.S. auto sales rise again in SeptemberOct 02, 2012 11:24 am - DETROIT — Americans found plenty of reasons to drive home new cars in September, and that demand made auto sales one of the economy’s bright spots for yet another month....
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New Kraft company faces lack of new products, marketingOct 02, 2012 9:34 am - Kraft’s North American grocery business, which will list on the Nasdaq Stock Market as an independent company, is starting life with a handicap: years of underinvestment...
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Context 4 expands relationship with Health DesignOct 02, 2012 9:10 am - NAPERVILLE — Context 4 Healthcare announced an expanded partnership with Health Design Plus, with their purchase of Context’s FirstPass medical claim editing solution. H...
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CORPAK acquires Merck Serono’s U.K. sales, distributionOct 02, 2012 9:10 am - BUFFALO GROVE — CORPAK MedSystems, Inc., said it will acquire the gastroenterology sales and distribution operation of Merck Serono Limited in the U.K. and Ireland. Merc...
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Z Trim Holdings reports Q3 sales growthOct 02, 2012 8:58 am - MUNDELEIN — Biotechnology company Z Trim Holdings Inc. announced that it recorded an 88 percent increase in third quarter 2012 revenues over the previous period in 2011....
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MacLean-Fogg to expand Metform facility in SavannaOct 02, 2012 8:58 am - MUNDELEIN — Maclean-Fogg Component Solutions recently broke ground on an 86,000-square-foot precision component machining facility at its Metform location in downstate S...
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Wintrust subsidiary acquires south suburban bankOct 02, 2012 8:58 am - Daily Herald wire reports CRETE — New Lenox-based Old Plank Trail Community Bank has acquired the banking operations of First United Bank of Crete after federal regulato...