Lindenhurst Business
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Kraft given Nov. 9 deadline to bid on CadburySep 29, 2009 11:00 pm - LONDON -- Kraft Foods Inc. has six weeks to make a binding offer to buy British candy maker Cadbury PLC or else walk away for at least six months, Britain's mergers and ...
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CF Industries renews bid for Terra IndustriesSep 28, 2009 11:00 pm - Fertilizer company CF Industries has renewed its bid to buy Terra Industries, saying that it has acquired 7 percent of Terra's shares over the past two weeks and that it...
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Walgreen 4Q profit falls, but results top forecastSep 28, 2009 11:00 pm - NEW YORK -- Drugstore operator Walgreen Co. said prescription drug sales rose in the fiscal fourth quarter, pushing the company's results past Wall Street expectations a...
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CF Industries acquires 7 percent of TerraSep 27, 2009 11:00 pm - CF Industries Holdings Inc. bought about 7 percent of Terra Industries Inc. through open-market purchases and repeated its commitment to acquire the nitrogen- fertilizer...
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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...