McHenry County Business
-
Allstate swings to profit, catastrophe losses dipNov 04, 2009 10:00 pm - Allstate Corp., the largest publicly traded U.S. home and auto insurer, swung to a third-quarter profit on fewer storm claims and improved investment results. Allstate's...
-
Allstate dumps munis as local governments run budget deficitsNov 04, 2009 10:00 pm - Allstate Corp., the largest publicly traded U.S. home and auto insurer, is paring its municipal-bond holdings because state and local governments are "not in great shape...
-
CVS Caremark 3Q profit jumps 39 percentNov 04, 2009 10:00 pm - NEW YORK -- CVS Caremark Corp. said Thursday its third-quarter profit jumped 39 percent, but shares plunged after the company said its struggling Caremark pharmacy benef...
-
Judge upholds Abbott's $1.67 billion patent suit loss to J&JNov 04, 2009 10:00 pm - Abbott Laboratories failed to convince a federal judge to throw out a record $1.67 billion verdict won by Johnson & Johnson's Centocor unit in a suit over an arthritis d...
-
Agrium raises offer for Deerfield fertilizer maker CFNov 04, 2009 10:00 pm - Agrium Inc. raised its takeover offer for rival fertilizer maker CF Industries Holdings Inc. to about $4.52 billion, four days after CF sweetened its own unsolicited bid...
-
United sues another airline for use of nameNov 03, 2009 10:00 pm - United Airlines Inc., the third largest U.S. carrier, filed a trademark infringement suit against Bangladesh-based United Airways Ltd., claiming that its name will confu...
-
Takeda expands operationsNov 03, 2009 10:00 pm - Deerfield-based Takeda Pharmaceuticals North America Inc., announced the incorporation of Takeda Pharmaceuticals Mexico. This expansion aims to strengthen the company's...
-
CF to pay at least 6% on $1.3 billion Terra takeover financing packageNov 03, 2009 10:00 pm - Deerfield-based CF Industries Holdings Inc. will pay at least 6 percent in interest on the $1.3 billion bank facility it has arranged to finance its hostile takeover of ...
-
Italian firm selects EnvergentNov 03, 2009 10:00 pm - Des Plaines-based Envergent Technologies LLC, a Honeywell company, announced Tuesday that Italian power company Industria e Innovazione has selected the Envergent RTP ra...
-
Kraft cuts sales forecast, reaffirms Cadbury interestNov 03, 2009 10:00 pm - Kraft Foods Inc., the maker of Oreo cookies and shredded cheese, lowered its annual sales forecast and said it will remain disciplined in pursuing an acquisition of U.K....