Inverness Business
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RIM posts lower fiscal 2Q profit, higher salesSep 24, 2009 11:00 pm - TORONTO -- BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue ...
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Nuveen raises $290 mil in muni fund offeringSep 24, 2009 11:00 pm - Nuveen Investments said it raised $289.5 million in an initial public offering for a municipal bond closed-end fund. The Nuveen Enhanced Municipal Value Fund's portfolio...
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Tribune exec defends bonus plan in Ch. 11 hearingSep 24, 2009 11:00 pm - WILMINGTON, Del. -- The chief financial officer for the Tribune Co. is defending proposed bonuses of up to $70 million for the company's top managers. Chandler Bigelow I...
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Judge: General Growth creditors can trade claimsSep 24, 2009 11:00 pm - General Growth Properties Inc.'s unsecured creditors committee members can trade claims against the mall operator once they set safeguards to prevent employees from impr...
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Judge says no rush on Sun-Times union concessionsSep 24, 2009 11:00 pm - WILMINGTON, Del. - The Chicago businessman who has offered to buy the Sun-Times Media Group can't demand quick concessions from the company's labor unions in order to cl...
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Zurich Financial raises ratesSep 23, 2009 11:00 pm - Zurich Financial Services AG, Switzerland's largest insurer, has increased prices for North America businesses to compensate for a drop in investment income. As interest...
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Sun-Times to hold auction with Tyree as lead bidder; union intactSep 23, 2009 11:00 pm - Sun-Times Media Group Inc., the bankrupt publisher of the Chicago Sun-Times, won court approval to hold an asset auction where a group led by James C. Tyree will be the ...
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State's unemployment drops to 9.9 percent in Aug.Sep 23, 2009 11:00 pm - The jobless rate in Illinois was 9.9 percent in August, down from 10.4 percent in July. The Illinois Department of Employment Security on Thursday released new statewide...
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Tribune, bondholders agree on records accessSep 23, 2009 11:00 pm - WILMINGTON, Del. -- Attorneys representing Tribune Co. in its bankruptcy case have reached an agreement with bondholders over access to records of the 2007 buyout that t...
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Air Force tanker competition set to reopenSep 23, 2009 11:00 pm - WASHINGTON -- The Air Force is poised to reopen a troubled $35 billion contract competition for mid-flight refueling tankers between Boeing Co. and Northrop Grumman Corp...