Prospect Heights Business
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Illinois Tool net income drops 67% on lower salesJul 21, 2009 11:00 pm - Illinois Tool Works Inc., the maker of Hobart food mixers and Duo-Fast nail guns, said second- quarter profit fell 67 percent as revenue dropped amid the global recessio...
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Northern Trust earnings rise 46% after year-ago costsJul 21, 2009 11:00 pm - Northern Trust Corp.'s second- quarter earnings rose 46 percent a year after costs related to lease transactions reduced earnings. Net income increased to $314.2 million...
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Exelon's Rowe undeterred in quest for takeoversJul 21, 2009 11:00 pm - Exelon Corp., the largest U.S. nuclear power producer, may not wait long to find a new takeover target after dropping a $7.53 billion hostile bid for NRG Energy Inc., it...
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Legoland offers discountJul 21, 2009 11:00 pm - SCHAUMBURG - In honor of its upcoming anniversary, Schaumburg's Legoland Discovery Center is offering a 50 percent discount off the standard admission price for each per...
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Boeing profit climbs in 2Q on strong defense salesJul 21, 2009 11:00 pm - Boeing Co. on Wednesday reported a 17 percent rise in second-quarter profit to beat Wall Street expectations, but the airplane maker said it was still assessing the fina...
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Siemens to run down order book at energy divisionJul 21, 2009 11:00 pm - Siemens AG, Europe's largest engineer, will be forced to run down the order book at its energy division in the first half of its next financial year as investment tails...
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Beatty to be quizzed on video in Tribune suitJul 20, 2009 11:00 pm - Actor Warren Beatty must answer questions in front of a camera as part of his court battle with Tribune Co. over television and movie rights to comic-strip detective Dic...
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Northern Trust CEO Waddell to assume chairman titleJul 20, 2009 11:00 pm - Northern Trust Corp. Chairman William Osborn plans to step down Nov. 11, when Chief Executive Officer Frederick Waddell will take the additional title of chairman. Osbor...
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Citadel to expand U.S. exchange strategy to EuropeJul 20, 2009 11:00 pm - Citadel Investment Group LLC, the $12 billion hedge fund firm founded by Ken Griffin, is seeking to replicate in Europe the success of its four-year-old strategy of inve...
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United parent posts 2Q profit on one-time gainsJul 20, 2009 11:00 pm - ATLANTA -- The parent of United Airlines said Tuesday it is cutting international capacity by an extra 7 percent during the last four months of this year, as it posted a...