Prospect Heights Business
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Zell's firm raising $500 million for Brazil propertyMay 19, 2010 11:00 pm - Billionaire investor Sam Zell's Equity International is seeking to raise about $500 million to step up investment in Brazilian real estate, betting interest rate increas...
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Judge weighing Smurfit reorg planMay 19, 2010 11:00 pm - Smurfit-Stone Container Corp. and opponents of the containerboard maker’s bankruptcy reorganization plan filed their final post-trial briefs on May 18. The judge ...
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Sears Corp.'s net income falls on higher costsMay 19, 2010 11:00 pm - Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by heavy discounts on appliances. The discounts of...
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General Growth restructures last debt loadMay 19, 2010 11:00 pm - General Growth Properties Inc., the second-biggest U.S. mall operator, finished restructuring its $15 billion secured-debt load, clearing an obstacle from its path out o...
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ComEd welcomes industryMay 18, 2010 11:00 pm - Exelon Corp.'s ComEd for the first time will gather about 1,000 of its commercial and industrial customers, about 60 energy efficiency service providers and other indust...
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Tribune amends reorganization planMay 18, 2010 11:00 pm - Tribune Co. filed an amended reorganization plan and disclosure statement this morning in anticipation of tomorrow's hearing for approval of the disclosure statement. Th...
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CBOE valued at $3 billion with 11.7 million-share proposed IPOMay 18, 2010 11:00 pm - CBOE Holdings Inc., owner of the Chicago Board Options Exchange, said its initial public offering will total 11.7 million shares, valuing the exchange at about $3 billio...
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Work begins on Randhurst's new theaterMay 18, 2010 11:00 pm - Construction on Randhurst's new movie theater began Tuesday with groundbreaking of the AMC Randhurst 12. The 2,000-seat theater will open in a year, replacing the exist...
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Boeing to boost 737 output by 8 percentMay 17, 2010 11:00 pm - Boeing Co. said it will ramp up production on its 737 jet to 34 a month in early 2012 and is studying further increases to meet customer demand for the world's most wide...
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Competition emerges for energy serviceMay 16, 2010 11:00 pm - Brad Boehm of Glenview didn't have any problems with ComEd's power or customer service, but he did want to save money in this tough recession. So, when BlueStar Energy S...