DuPage County Business
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Allstate profit estimate cut in half by disaster costsJul 22, 2010 11:00 pm - Allstate Corp., the largest publicly traded U.S. home and auto insurer, had its second-quarter profit estimate cut by more than half by FBR Capital Markets on catastroph...
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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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Sears plans store at former Great Indoors space in SchaumburgJul 22, 2010 11:00 pm - Schaumburg has one less big box store vacancy, as a Sears Outlet has opened in the former Great Indoors store on Golf Road. The 37,000-square-foot store's grand opening ...
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Wal-Mart cracks Chicago by splitting union, non-union workersJul 21, 2010 11:00 pm - Wal-Mart Stores Inc.'s divide-and-conquer strategy prevailed in Chicago by pitting construction workers against employees who will stock shelves and ring registers. The ...
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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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General Growth trying to settle Hughes heirs claimsJul 21, 2010 11:00 pm - General Growth Properties Inc., the second-largest U.S. mall operator, will resolve a dispute with Howard Hughes's heirs through an appraisal of property in Nevada, a ju...
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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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Exelon 2Q earnings slump as fuel costs riseJul 21, 2010 11:00 pm - NEW YORK -- Exelon Corp. says its second-quarter income dropped 32 percent as fuel costs for its fleet of nuclear power plants increased. The Chicago utility, which powe...
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Caterpillar 2Q up 91 percent; raises outlookJul 21, 2010 11:00 pm - Heavy machinery manufacturer Caterpillar said Thursday that its second-quarter earnings shot up 91 percent on a big increase in sales of equipment for industries like mi...
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Airbus raises 2010 order target to more than 400 jetsJul 21, 2010 11:00 pm - Airbus SAS, the world's largest maker of commercial aircraft, raised its order target for this year to more than 400 jets, as leasing companies return to the market and ...