Lake Forest Business
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CF to pay at least 6% on $1.3 billion Terra takeover financing packageNov 03, 2009 10:00 pm - Deerfield-based CF Industries Holdings Inc. will pay at least 6 percent in interest on the $1.3 billion bank facility it has arranged to finance its hostile takeover of ...
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Kraft cuts sales forecast, reaffirms Cadbury interestNov 03, 2009 10:00 pm - Kraft Foods Inc., the maker of Oreo cookies and shredded cheese, lowered its annual sales forecast and said it will remain disciplined in pursuing an acquisition of U.K....
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Bankrupt Neumann Homes sues towns to return impact feesNov 02, 2009 10:00 pm - Neumann Homes Inc., which had been one of the 10 largest homebuilders in the Chicago area before filing bankruptcy last year, has sued more than two dozen municipal gove...
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Walgreens sees sales increase of nearly 5 percentNov 02, 2009 10:00 pm - Walgreens reported October sales increased nearly 5 percent at stores open at least a year. Looking at all its stores, the Deerfield company reported overall sales of $...
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Study: Abbott's Niaspan reduces arteries' plaque buildupNov 01, 2009 10:00 pm - Combining Abbott Laboratories' cholesterol pill Niaspan with an older medicine, called a statin, reduced plaque buildup more than the statin alone, a study found. Patien...
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Citigroup raises Moto to 'buy'; downgrades RIMNov 01, 2009 10:00 pm - Motorola Inc. shares were raised to "buy" from "hold" by analysts at Citigroup Inc., who said the company will introduce a "compelling" offer of handsets at a "time when...
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CF boosts takeover bid for TerraNov 01, 2009 10:00 pm - Terra Industries Inc. climbed the most in almost eight months in New York trading after rival fertilizer maker CF Industries Holdings Inc. boosted its takeover bid to ab...
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Brunswick narrows loss in 3QOct 29, 2009 11:00 pm - LAKE FOREST - Boat maker Brunswick Corp. said Thursday its third-quarter loss was $114.3 million, or $1.29 per share, compared with $729.1 million, or $8.26 per share, i...
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Tenneco loss narrows as automakers raise productionOct 28, 2009 11:00 pm - Tenneco Inc., the world's largest maker of vehicle-exhaust systems, said its third-quarter loss narrowed to $8 million as automakers boosted production. The net loss shr...
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Hospira reports more profitOct 26, 2009 11:00 pm - LAKE FOREST - Hospira Inc. Tuesday posted third-quarter net income of $116.2 million, or 71 cents per share, from $81.8 million, or 51 cents per share, a year ago. Reve...