Bolingbrook Business
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Westell to lay off 58 employeesJan 24, 2008 10:00 pm - AURORA -- Westell Technologies Inc., a provider of broadband products, on Thursday announced it was eliminating approximately 58 positions across the organization. These...
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Methode to lay off 125 area plant workersJan 24, 2008 10:00 pm - Methode Electronics Inc. said Thursday it will stop making one of its oldest products -- the simple plug-in connector with tiny prongs that mates with another connector ...
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Molex forecast improves for salesJan 24, 2008 10:00 pm - LISLE -- Molex Inc., a maker of electrical connectors for phones and computers, climbed as much as 13 percent in Nasdaq trading on Thursday, the most since July 2002, af...
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Stepping out on her own with trendy, comfortable shoesJan 24, 2008 10:00 pm - Is it possible to own a pair of shoes that are trendy and really comfortable at the same time? Absolutely, according to a Naperville businesswoman. Karen Hatcher, who fo...
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Westell reports $2.5 million lossJan 23, 2008 10:00 pm - AURORA -- Westell Technologies Inc., a provider of broadband products, gateways and conferencing services based in Aurora, posted earnings Wednesday for the quarter ende...
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Area banks suffer along with credit industryJan 23, 2008 10:00 pm - Shares of two suburban community banks rallied Wednesday despite differing financial performance in the fourth quarter. Wintrust Financial Corp. shares increased 6 perce...
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Former Lucent building gains tenantJan 23, 2008 10:00 pm - Chicago-based Health Care Service Corp. said Wednesday it has signed a 15-year lease for one of its businesses to move into the Naperville office center formerly occupie...
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Motorola stock sinks on profit warningJan 23, 2008 10:00 pm - Schaumburg-based Motorola Inc. said Wednesday its fourth-quarter profits plunged 84 percent and next quarter could be worse, news that sent its stock into a free fall. M...
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Clarity develops new technologyJan 23, 2008 10:00 pm - AURORA -- Clarity Communication Systems Inc., recently acquired by Isco International, announced it developed the technology to achieve a built-in PTT capability on phon...
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Tellabs to cut 225 jobs as earnings fall 78 percentJan 22, 2008 10:00 pm - Network equipment maker Tellabs Inc. Tuesday posted a 78 percent drop in quarterly earnings and said it will cut 225 jobs as part of another restructuring plan to improv...