Barrington Hills Business
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Sprint Nextel to buy Schaumburg's IPCS for $426 millionOct 18, 2009 11:00 pm - Sprint Nextel Corp., the third- biggest U.S. wireless carrier, agreed to buy IPCS Inc. in a deal valued at about $426 million in cash to avoid an order to divest some of...
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CME weighs takeover of CBOEOct 18, 2009 11:00 pm - The contest for the Chicago Board Options Exchange may last into the second half of 2010 as the biggest market for U.S. equity derivatives resolves a lawsuit over who ow...
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Verizon's big ad push for Moto's Android takes on iPhoneOct 18, 2009 11:00 pm - NEW YORK -- An aggressive TV ad campaign from Verizon Wireless is adding to the support building for a software package from Google Inc. that is shaping up to be the mos...
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Citadel wins bid to block ex-exec's start-upOct 18, 2009 11:00 pm - Citadel Investment Group LLC, the Chicago-based hedge fund manager, won its bid for a court order temporarily blocking two former executives from working on their own se...
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Area companies buy into Minor League baseballOct 18, 2009 11:00 pm - Three local companies have agreed to be founding partners of the Lake County Fielders, the new minor league baseball team coming to Zion in 2010. Lake Forest Hospital, ...
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Bankrupt General Growth will pay out $47.5 mil in bonusesOct 14, 2009 11:00 pm - Bankrupt shopping mall owner General Growth Properties Inc. won a judge's permission to spend as much as $47.5 million a year for two years on bonus payments, $11.6 mill...
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Baxter 3Q profit rises 12 percent, costs fallOct 14, 2009 11:00 pm - NEW YORK -- Specialty drug and medical device maker Baxter International Inc. said Thursday its profit grew 12 percent in the third quarter despite unfavorable currency ...
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Skokie defense contractor to pay $25 million for fraudOct 14, 2009 11:00 pm - A suburban Chicago defense contractor has agreed to pay a fine and damages totaling $25 million to settle allegations that it overcharged the government in a series of m...
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Discover sees fewer credit card defaults in Sept.Oct 14, 2009 11:00 pm - Discover Financial Services, the credit-card company that took $1.3 billion from the Treasury's bank rescue fund, said defaults fell to 8.69 percent in September. Write-...
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Grainger profit tops estimates on cost reductionsOct 13, 2009 11:00 pm - W.W. Grainger Inc., the Lake Forest-based distributor of building-maintenance supplies, reported third-quarter profit that topped analysts' estimates as the company red...