Itasca Business
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Timber company Weyerhaeuser slashes dividendJul 06, 2009 11:00 pm - NEW YORK -- Weyerhaeuser Co., which has been hemorrhaging cash because of the moribund U.S. housing market, said Tuesday it is cutting its quarterly dividend again, this...
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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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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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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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Hinsdale bank suing Ernst & YoungJul 01, 2009 11:00 pm - Ernst & Young LLP accountants assured Superior Bank executives the institution was financially healthy until just before admitting to regulators they mistakenly signed o...
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Personal approach sells books, could sell widgetsJul 01, 2009 11:00 pm - Authors have the same goal business owners have: Sell product. Interestingly, the personal sales approaches three local authors use to sell books to buyers likely would ...
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BP teams up with Olympic swimmer Dara TorresJul 01, 2009 11:00 pm - WARRENVILLE - BP Products North America Inc. announced that it is partnering with Olympic swimmer Dara Torres in the launch of a new consumer contest, the BP Younger for...
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Crowe gets a top work honorsJun 30, 2009 11:00 pm - OAK BROOK - Crowe Horwath LLP, a public accounting and consulting firm, has been recognized by local best places to work programs in several states, including Illinois. ...
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Bruce Power picks SmartSignalJun 30, 2009 11:00 pm - LISLE - Bruce Power selected SmartSignal Corp. to install its predictive-analytic software at the Bruce facility in Ontario, Canada. The software will be used at the Bru...