DuPage County Business
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Timber company Weyerhaeuser slashes dividendJul 06, 2009 11:00 pm - NEW YORK -- Weyerhaeuser Co., which has been hemorrhaging cash because of the moribund U.S. housing market, said Tuesday it is cutting its quarterly dividend again, this...
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Post Press Production merging with Specialties BindingJul 06, 2009 11:00 pm - Elk Grove Village-based Post Press Production Inc., known as P3, announced it is merging with Specialties Binding Inc., also of Elk Grove Village. John Mascari Jr. has b...
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Baker & McKenzie cutting lawyers in ChinaJul 06, 2009 11:00 pm - Baker & McKenzie LLP, the world's second-largest law firm by revenue, plans to eliminate 11 percent of its lawyers and professional staff in China because of the "very c...
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EMC hikes offer for Data Domain, bidding escalatesJul 05, 2009 11:00 pm - NEW YORK -- Firing the latest salvo in a bidding brawl, data storage company EMC Corp. boosted its offer for Data Domain which has already accepted a lower bid from NetA...
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Tellabs to cut 150 jobs, incur costs up to $6 millionJul 05, 2009 11:00 pm - Tellabs Inc., the maker of networking equipment, is cutting about 150 jobs and expects to incur pretax costs of $5 million to $6 million through the first quarter of 201...
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Prosecutors: Black doesn't deserve bailJul 05, 2009 11:00 pm - Conrad Black, the former Hollinger International Inc. chairman imprisoned for his role in the theft of $6.1 million from the company, shouldn't be freed on bail while th...
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Discover to sell $500 mil in common stock to publicJul 05, 2009 11:00 pm - Credit card company Discover says it will sell $500 million worth of common stock in a public offering, and use the proceeds for possible investments or to buy back pref...
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Boeing wins $332 mil in orders from Tassili AirJul 05, 2009 11:00 pm - Boeing Co. and Empresa Brasileira de Aeronautica SA won orders valued at more than $332 million from the Algerian carrier Tassili Airlines, a division of the state- run ...
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PepsiCo, Pepsi Bottling to invest $1 billion in RussiaJul 05, 2009 11:00 pm - NEW YORK -- Soft drink and snack maker PepsiCo Inc. said Monday it will team up with its largest bottler, Pepsi Bottling Group, to invest $1 billion in Russia over three...
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Bank provides home buying tipsJul 03, 2009 11:00 pm - Fifth Third Bank is launching a program to help provide people with information about how to own a home. Fifth Third's Homeownership Mobile, a 40-foot bus that doubles a...