Prospect Heights Business
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Northrop Grumman to expand Salt Lake factoryFeb 23, 2010 10:00 pm - SALT LAKE CITY -- A defense contractor is expanding a Salt Lake City factory. Northrop Grumman Corp. says the expansion is needed to satisfy demand for precision navigat...
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Boeing to reduce production at Long Beach plantFeb 23, 2010 10:00 pm - LONG BEACH, Calif. -- Boeing says it will reduce production of its C-17 military cargo planes by a third at its Long Beach plant. The Chicago-based company said Tuesday ...
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General Growth inks deal to exit bankruptcyFeb 23, 2010 10:00 pm - LOS ANGELES -- The nation's second-largest shopping mall operator General Growth Properties Inc. said Wednesday it reached a deal with Canada's Brookfield Asset Managem...
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Allstate CEO: There's never been a better time to buy our stockFeb 23, 2010 10:00 pm - Allstate Corp. Chief Executive Officer Tom Wilson said there's "not been a more attractive time" to buy the insurer's stock. Allstate's share price is near all-time lows...
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R.R. Donnelley to buy Bowne for $481 millionFeb 23, 2010 10:00 pm - R.R. Donnelley & Sons Co., the Chicago-based printing company, is buying Bowne & Co., the New York-based printer of financial documents, for $481 million in cash to expa...
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Motorola insists no decisions made on handset unit moveFeb 22, 2010 10:00 pm - Motorola officials said Tuesday they continue to envision a "substantial presence" in the Chicago suburbs, but wouldn't rule out the possibility of moving their mobile p...
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Sears profit more than doubles in fourth quarterFeb 22, 2010 10:00 pm - A return of Kmart shoppers and an effort to cut costs helped Sears Holdings Corp. post its best quarterly profit in three years, the department store chain said Tuesday....
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Hartmarx committee to file competing Chapter 11 planFeb 21, 2010 10:00 pm - Hartmarx Corp., once a Chicago-based men's suit maker, has an extension until March 22 for the exclusive right to propose a Chapter 11 plan. Hartmarx also has operations...
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TreeHouse Foods notes increase 3.5 centsFeb 21, 2010 10:00 pm - Bonds sold last week by TreeHouse Foods Inc. have risen 3.5 cents on the dollar to 103.5 cents to yield 7.17 percent as of 9:19 a.m. New York time, according to Trace, t...
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Motorola exec Moloney quits to become CEO of TechnitrolFeb 21, 2010 10:00 pm - Motorola Inc. executive Dan Moloney, president of the set-top-box unit, resigned to become the chief executive officer of Technitrol Inc., the Pennsylvania-based maker o...