Oak Brook Business
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Tellabs drops on AT&T concernsJul 26, 2010 11:00 pm - Tellabs Inc., the Naperville-based maker of telecommunications equipment, dropped as much as 8.1 percent in Nasdaq Stock Market trading on concern it will lose some busi...
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Tellabs earnings grow as revenue rises 10 percentJul 26, 2010 11:00 pm - Naperville-based Tellabs' second-quarter 2010 revenue totaled $423 million, up 10% from $385 million in the second quarter of 2009. On a GAAP basis, Tellabs earned 17 ce...
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DeVry leads drop in education stocks after U.S. details rulesJul 25, 2010 11:00 pm - DeVry Inc. led a drop in education companies in New York trading after investors reacted to information the U.S. government released July 23 suggesting some for-profit c...
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McDonald's 2Q profit jumps 12 percent on rising salesJul 22, 2010 11:00 pm - Net income climbed 12 percent at McDonald's Corp. in the second quarter as customers around the globe gobbled up its cheap food and U.S. customers responded to its profi...
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Auto recovery lifts Johnson Controls 3Q net incomeJul 22, 2010 11:00 pm - NEW YORK -- A recovery in car and truck production helped Johnson Control Inc. more than double its net income in the fiscal third quarter, the maker of automotive batte...
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MetLife buys Allstate unit to add group legal salesJul 21, 2010 11:00 pm - MetLife Inc., the largest U.S. life insurer, has purchased a business providing group legal-services coverage from Northbrook-based Allstate Corp., adding to its Hyatt ...
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State Realtors say home prices 'stabilizing' but 'stubborn'Jul 21, 2010 11:00 pm - SPRINGFIELD - Home prices in Illinois are showing signs of stabilizing and the Chicago region in particular marked a year of positive sales activity in June, according t...
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Sara Lee may sell bread, bakery divisionJul 20, 2010 11:00 pm - Sara Lee Corp., the maker of Jimmy Dean foods, is exploring the sale of its North American bread and bakery unit, said people familiar with the matter, a move that would...
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Suburban shoppers cheer new upscale grocersJul 18, 2010 11:00 pm - When a new Whole Foods store opened in Schaumburg in May, hundreds of people lined up to be among the first inside. By the end of the day, more than 5,000 people had com...
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Genco to acquire DuPage-based ATC Technology in $513 mil dealJul 18, 2010 11:00 pm - ATC Technology Corp. said Monday it has agreed to be acquired by privately held Genco Distribution System Inc. for $512.6 million in cash. ATC, an engineering and supply...