Business Stories from July 17, 2013 (Change date)
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Abbott Labs 2Q income falls after AbbVie spinoffJul 17, 2013 10:15 am - Libertyville Township-based Abbott Laboratories Inc. said Wednesday that its net income fell in the second quarter following the spinoff of its branded drug business, bu...
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Four Advocate hospitals make U.S. News annual listJul 17, 2013 9:34 am - DOWNERS GROVE — Four Advocate Health Care hospitals have been named among the finest in Chicago and Illinois according to U.S. News & World Report’s 2013-2014, Best Hosp...
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Northrop Grumman awarded logistics contractJul 17, 2013 9:32 am - ROLLING MEADOWS — Northrop Grumman Corp. has been awarded a $173 million performance-based logistics contract to provide support and sustainment services for the LITENIN...
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Wintrust sees 34 percent increase in 2Q incomeJul 17, 2013 9:26 am - ROSEMONT — Wintrust Financial Corp. said second quarter 2013 income rose 34 percent to $34.3 million or 69 cents per share. The figures were in comparison to $32.1 milli...
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AAR declares 7.5 cent dividendJul 17, 2013 9:00 am - WOOD DALE — AAR Corp. declared a quarterly cash dividend of 7.5 cents per share to its stockholders, payable on or before Aug. 14 to stockholders of record as of the clo...
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House GOP seek delay in health care provisionsJul 17, 2013 8:04 am - WASHINGTON — House Republicans, politically emboldened by President Barack Obama’s delay of a key requirement of his health care law, are taking another run at scrapping...
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Swift approval sought for Midwest oil pipelineJul 17, 2013 7:31 am - MARSHALL, Mo. — A Canadian company’s plan to build an oil pipeline that will stretch for hundreds of miles through the Midwest, including through many sensitive waterway...
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Bank of America’s earnings soar 70 percentJul 17, 2013 7:24 am - NEW YORK — Bank of America says its second-quarter profits soared, helped largely by cost-cutting. The results beat analysts’ expectations. The bank earned $3.6 billion...
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Bernanke says timetable for bond purchases not presetJul 17, 2013 7:08 am - WASHINGTON — Chairman Ben Bernanke said Wednesday that the Federal Reserve’s timetable for reducing its bond purchases is not on a “preset course” and the Fed could incr...
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Naperville grants $7.5 million in incentives for Freedom PlazaJul 17, 2013 5:30 am - The developers of Freedom Plaza in north Naperville plan to be moving dirt by early August as they build a 1,000-seat banquet facility and hotel — an amenity the city ha...
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