Island Lake Business
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Insurers returning to underwriting profitSep 27, 2009 11:00 pm - U.S. property and casualty insurers, a group including Travelers Cos. and Allstate Corp., returned to an underwriting profit in the second quarter, making more on premiu...
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Abbott buys Solvay pharma operations for $6.6 bilSep 27, 2009 11:00 pm - NEW YORK -- Abbott Laboratories on Monday said it would pay $6.6 billion for the pharmaceutical business of Belgian chemicals maker Solvay in a move to further expand in...
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WMS Industries gets access to more cashSep 27, 2009 11:00 pm - WMS Industries Inc., the Waukegan-based maker of slot machines, said it entered into an amended, unsecured revolving credit facility through Sept. 30, 2012, with a syndi...
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Cadbury CEO opposes Kraft bidSep 24, 2009 11:00 pm - Cadbury Plc said it still opposes Kraft Foods Inc.'s 9.9 billion-pound ($15.9 billion) takeover approach and said reports that Chief Executive Officer Todd Stitzer had s...
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Nycomed said to consider raising its offer to Solvay drug unitSep 24, 2009 11:00 pm - Nycomed A/S may raise its offer for Solvay SA's drugs unit after its bid fell short of the owner's $7.35 billion target, according to people familiar with the situation....
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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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Abbott Xience stent outperforms rivalSep 22, 2009 11:00 pm - Abbott Laboratories' drug-coated Xience V stent prevented heart attacks and repeat surgeries more than an older artery-opening device from Boston Scientific, a study fou...
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Northwestern Memorial to buy Lake Forest HospitalSep 22, 2009 11:00 pm - Northwestern Memorial HealthCare in Chicago announced plans to buy Lake Forest Hospital, according to a release issued by the health care providers. The cost of the dea...
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Tenneco plant closure to cost 500 jobsSep 21, 2009 11:00 pm - Tenneco Inc., the largest North American maker of shock absorbers, said it will shut a factory in Cozad, Nebraska, by the end of next year and shift production of the pa...
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Area companies honored for family-friendly workplaceSep 21, 2009 11:00 pm - Abbott, Allstate and Kraft are area companies recognized on the annual Working Mother 100 Best list honoring companies for providing a family-friendly workplace. Working...