Hanover Park Business
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EMC hikes offer for Data Domain, bidding escalatesJul 05, 2009 11:00 pm - NEW YORK -- Firing the latest salvo in a bidding brawl, data storage company EMC Corp. boosted its offer for Data Domain which has already accepted a lower bid from NetA...
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Tellabs to cut 150 jobs, incur costs up to $6 millionJul 05, 2009 11:00 pm - Tellabs Inc., the maker of networking equipment, is cutting about 150 jobs and expects to incur pretax costs of $5 million to $6 million through the first quarter of 201...
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Prosecutors: Black doesn't deserve bailJul 05, 2009 11:00 pm - Conrad Black, the former Hollinger International Inc. chairman imprisoned for his role in the theft of $6.1 million from the company, shouldn't be freed on bail while th...
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Discover to sell $500 mil in common stock to publicJul 05, 2009 11:00 pm - Credit card company Discover says it will sell $500 million worth of common stock in a public offering, and use the proceeds for possible investments or to buy back pref...
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Boeing wins $332 mil in orders from Tassili AirJul 05, 2009 11:00 pm - Boeing Co. and Empresa Brasileira de Aeronautica SA won orders valued at more than $332 million from the Algerian carrier Tassili Airlines, a division of the state- run ...
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PepsiCo, Pepsi Bottling to invest $1 billion in RussiaJul 05, 2009 11:00 pm - NEW YORK -- Soft drink and snack maker PepsiCo Inc. said Monday it will team up with its largest bottler, Pepsi Bottling Group, to invest $1 billion in Russia over three...
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Acura and King receive letterJul 02, 2009 11:00 pm - PALATINE - Acura Pharmaceuticals Inc. and King Pharmaceuticals Inc. announced that the U.S. Food and Drug Administration issued a Complete Response Letter regarding the ...
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British Airways delays Boeing planesJul 02, 2009 11:00 pm - British Airways Plc, Europe's third- largest airline, will extend capacity reductions, ground planes and delay deliveries of superjumbo aircraft as demand for air travel...
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Exelon raises bid for NRG Energy to $8 billionJul 01, 2009 11:00 pm - COLUMBUS, Ohio -- Exelon Corp. on Thursday sweetened its hostile takeover bid for rival power generator NRG Energy Inc. by 12 percent to $8 billion in stock, citing newl...
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DSC Logistics named top 'diverse supplier'Jul 01, 2009 11:00 pm - DES PLAINES - DSC Logistics, an integrated logistics and supply chain management company headquartered in Des Plaines, received the 2008 Diverse Supplier of the Year Awa...