Hoffman Estates Business
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Lampert buyback, sales drop drain Sears' cashNov 11, 2008 10:00 pm - Sears Holdings Corp. is entering what may be the worst holiday season in decades with 42 percent less cash on hand than a year earlier, declining cash flow, hard-to- sel...
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Circuit City closing stores; 14 could go in IllinoisNov 02, 2008 10:00 pm - After months of speculation and struggling sales, Circuit City Inc. Monday said it would close 155 stores, including half of its locations in the Chicago area. Company o...
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Midwest Banc to sell $85.5 mil stake to TreasuryNov 02, 2008 10:00 pm - Midwest Banc Holdings Inc., the Illinois banking company that lost 76 percent of its market value this year, plans to sell $85.5 million in preferred stock to the U.S. T...
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From 'inconveniently located' to gone for iconic Irv'sOct 27, 2008 11:00 pm - In the old days, bad times meant good sales at Irv's, the legendary men's discount clothing store with advertisements that bragged about being "inconveniently located" i...
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Are podcars a viable way to get around?Oct 27, 2008 11:00 pm - The thought of a driverless, computer-guided car transporting people where they want to go on demand is a futuristic notion to some. To Jacob Roberts, podcars -- or PRTs...
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AT&T 3Q profit up 5.5 pct, misses Street estimatesOct 21, 2008 11:00 pm - NEW YORK -- AT&T Inc.'s earnings rose 5.5 percent in the third quarter, but missed analyst expectations in part because of strong sales of iPhones, which the carrier sub...
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Bears punter to mark store openingOct 20, 2008 11:00 pm - HOFFMAN ESTATES - Sports Authority is opening a 42,000-square-foot store at 4700 Hoffman Blvd., Hoffman Estates. The 42,000-square-foot store is set to open Saturday, Oc...
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Movers & shakersOct 18, 2008 11:00 pm - James Saul joined Baker & Daniels LLP as an associate in the law firm's intellectual property group. He will work in the Chicago office, focusing his practice in the are...
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Oilman comes to Chicago to plead for wind powerOct 13, 2008 11:00 pm - Oilman T. Boone Pickens will be in Chicago today at Navy Pier's Grand Ballroom at 10:30 a.m. to push his "Pickens Plan" for reducing America's dependence on foreign oil....
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Collins to replace Reidy as Sears CFOOct 13, 2008 11:00 pm - The Hoffman Estates-based Sears Holdings Corp. Monday said Chief Financial Officer J. Miles Reidy will step down later this year. The retailer hired Michael Collins, a ...