Des Plaines Business
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This may be the year to buy a businessJan 25, 2008 10:00 pm - Looming threats of a recession and the recent interest rate cut are generating optimism among the brokers of small businesses and the lenders who finance such deals. "On...
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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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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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Pessimism will pass by mid-year, economist tells local businessmenJan 22, 2008 10:00 pm - Likening the last financial year to an "unbelievable roller coaster ride," economist Robert Genetski addressed several hundred people this morning at an annual economic ...
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Slowdown impacts many area businessesJan 22, 2008 10:00 pm - Weakness in the economy has long been evident to Robert A. Mecca, a life-planning consultant in Mount Prospect who said the economic slowdown has taken its toll on his c...
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What the rate cut means for borrowersJan 22, 2008 10:00 pm - The Federal Reserve's three-quarter percentage point cut in a key interest rate Tuesday was designed to make borrowing cheaper for individuals and corporations, and thus...
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Seniors are using Web to manage their moneyJan 19, 2008 10:00 pm - Are you finding yourself going to more Web sites of financial institutes? Young or old, you're looking to improve your pocketbook with some quick clicks online. A survey...
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Movers and shakersJan 19, 2008 10:00 pm - Wheaton resident Patricia Schwarze, executive director of the Building Owners and Managers Association of Suburban Chicago, headquartered in Schaumburg, was appointed se...