Lake Zurich Business
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Six Flags bonds valued at 14 cents on dollarJul 09, 2009 11:00 pm - Credit-default swaps traders set a value of 14 cents on the dollar for the bonds of Six Flags Inc. to settle contracts protecting against a default by the amusement-park...
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Discover to sell $400 million in debtJul 09, 2009 11:00 pm - Discover Financial Services, the credit-card company that took $1.2 billion from the Treasury's bank rescue fund, plans to issue $400 million of 10-year senior notes, ac...
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Walgreens to open first store in AlaskaJul 09, 2009 11:00 pm - Deerfield-based Walgreens said Friday it will open its first store in Alaska, representing its presence in all 50 states, on Sunday at the ribbon cutting for its new sto...
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Abbott study of Niaspan against Merck's Zetia haltedJul 08, 2009 11:00 pm - A study comparing Abbott Laboratories' cholesterol drug Niaspan with Merck & Co. and Schering-Plough Corp.'s Zetia was ended early, for reasons unrelated to patients' sa...
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Discover Spending Monitor fallsJul 08, 2009 11:00 pm - RIVERWOODS - The Discover U.S. Spending Monitor fell for the first time in four months from 86.2 to 85.6 (based out of 100), as consumer attitudes toward the economy rev...
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1,000 suburban workers to get pink slipsJul 07, 2009 11:00 pm - More than 1,000 workers at various suburban companies - including another 74 at Motorola Inc. - are expected to be laid off this summer due to closings or downsizings. M...
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AT&T expects to close on Midwest wireless acquisition in 3QJul 07, 2009 11:00 pm - DALLAS -- AT&T Inc. said Wednesday that it expects to close on its $944 million acquisition of wireless and broadband service provider Centennial Communications Corp. du...
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Cell Genesys sued over buyout of Lincolnshire's BioSanteJul 06, 2009 11:00 pm - Cell Genesys Inc., a former maker of cancer vaccines, was sued by investors challenging the fairness of a stock-swap buyout by BioSante Pharmaceuticals Inc., the develop...
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Abbott wins ruling tossing antitrust claimsJul 06, 2009 11:00 pm - Abbott Laboratories won a federal appeals court ruling dismissing AIDS patients' claims that the company maintained a monopoly and overcharged for the HIV medicine Norvi...
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JCPenney outlet store in Gurnee Mills closingJul 06, 2009 11:00 pm - After 15 years, the JCPenney outlet store in Gurnee Mills is scheduled to close around Sept. 5. Liquidation sales start this Sunday, store Manager Steven Bingham said t...