Downers Grove Business
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Suburban manufacturers hit by economy, layoffs plannedJan 09, 2009 10:00 pm - Twenty-two companies statewide, including a half-dozen in the suburbs, are planning a total of more than 7,000 layoffs in the next few months, according to filings with ...
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Lonco Inc. moves to new office spaceJan 06, 2009 10:00 pm - NAPERVILLE - Lonco Inc. has relocated to a new office space, located in the Wall Street Offices, 1560 Wall Street in Naperville, owned and operated by Dynacom Management...
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Calamos reduces debt by $400 millionDec 29, 2008 10:00 pm - NAPERVILLE - Calamos Asset Management, Inc. announced Monday that its subsidiary, Calamos Holdings LLC, has reduced its outstanding long-term indebtedness by $400 millio...
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Suburban retailers: 'It's not the craziness it used to be'Dec 26, 2008 10:00 pm - If retailers thought this holiday shopping season was tough, just wait. The after-Christmas clearance sales and gift-card spenders aren't expected to save this season, a...
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Wintrust acquires Professional Mortgage PartnersDec 23, 2008 10:00 pm - LAKE FOREST - Wintrust Financial Corp. Tuesday announced the acquisition of Professional Mortgage Partners of Downers Grove. Terms of the deal were not disclosed. Foun...
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Batavia family named in contestDec 17, 2008 10:00 pm - NAPERVILLE - Kent and Julie Phillips, owners of Sir Speedy Printing of Naperville for the past 24 years, were notified they were finalists for the 2008 Illinois Family B...
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Alcatel cut to 'neutral' at GoldmanDec 14, 2008 10:00 pm - Alcatel-Lucent SA, the world's largest maker of fixed-line networks, was cut to "neutral" at Goldman Sachs Group Inc. and removed from the firm's Pan- European buy list....
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P.M. Bedroom Gallery a family affairDec 12, 2008 10:00 pm - The story of brothers Arvid and Ben Huth is the kind of farm-to-suburbs tale you might think doesn't happen any more. When he was 21, Arvid was a junior with a 3.9 GPA w...
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Alcatel-Lucent to cut jobs as part of turnaroundDec 11, 2008 10:00 pm - Alcatel-Lucent SA, the world's largest maker of fixed-line networks, will cut another $1.3 billion of costs in each of the next two years, including 1,000 more manageria...
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Sara Lee to cut 700 jobs in North America, EuropeDec 10, 2008 10:00 pm - Sara Lee Corp. said it would cut 700 jobs, or 1.6 percent of its global workforce, to help save as much as $250 million in the next three years. The maker of frozen cake...