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Google's patent play: $12.5B for Motorola Mobility
AP Technology WritersIt may be the boldest move yet by a company known for being audacious: Google is spending $12.5 billion to buy Motorola Mobility. But the big prize isn't Motorola's lineup of cellphones, computer tablets and cable set-top boxes. It's Motorola's more...Tags: Carl Icahn, Corporate Officers, Prices, Telecommunication Equipment, Oracle Corp.
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Google to buy Motorola Mobility
Tribune staff reporterJust eight months after becoming an independent company, Motorola Mobility Holdings Inc. has agreed to be acquired by Google Inc. for $12.5 billion in cash. The $12.5 billion price tag for Motorola Mobility amounts to $40 per share, a premium of 63...Tags: New York Stock Exchange, Carl Icahn, Telecommunication Equipment, Elections, Microsoft Corp.
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Recalling a steeper stock market plunge
Despite the wild ride our retirement accounts took this month, knock wood it wasn't the week that was — in October 1929.
On Tuesday, Wall Street rallied, at least temporarily, and then yo-yo'd through the week. On Oct. 29, 81 years ago, the...Tags: Barack Obama, Happiness (state of mind), Credit Ratings, Elections, Dow Jones Industrial Average
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Burning questions remain after a week of sweating it out with the stock market
A week after learning the U.S. is no longer AAA-rated, relief and dread have taken hold of investors.
Relief because the stock market stopped its descent into what looked like the abyss, but dread because analysts admit they can't be certain what happens...Tags: Chicago Board Options Exchange, Federal Reserve, Chicago Board Options Exchange Market Volatility Index, T. Rowe Price, Real Estate
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Name dropping: 'Unitrin' is out
Unitrin. Even CEO Don Southwell admits he doesn't like the name of his own company.
It evokes medical supplies, he suggested. Or a generic drug, I offered.
So he's getting rid of it. Effective Aug. 25, Unitrin, an insurance company, will be called...Tags: New York Stock Exchange, Online Advertising, Goldman Sachs, Curtiss-Wright Corporation, Vehicles
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Corporations have complaints about credit rating agencies too
Long before the Obama administration criticized Standard & Poor's for downgrading the nation's credit score, Edward Lampert was bashing credit rating agencies.
In February 2010, for example, the billionaire majority shareholder and chairman of Hoffman...Tags: Buyback, Corporate Officers, LKQ Corporation, Elections, First Industrial Realty Trust Incorporated
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Boeing looks to complete 787 test flights this weekend
ReutersBoeing Co. is looking to finish flight tests for its much-awaited 787 Dreamliner this weekend, the company's chief of commercial airplanes said Thursday. The 787 is still set for delivery to All Nippon Airways in September and will see a production...Tags: New York Stock Exchange, Cathay Pacific Airways Ltd., Boeing Co.
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Suffer the stock market's downslide? Not all. Some investors hit hard in 2008 choose to meet this mess with a 'buy' mentality.
After you survive a stock market collapse as gut-wrenching as the one in 2008, you are never the same.
So it's no wonder that many investors spent the last few days shuddering in front of TV sets and computer screens as their retirement savings and...Tags: Mutual Funds, Sound Recordings, Finance, 401K, Coral Gables
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Mead Johnson: More than just a takeover target
ReutersAfter more than a few baby steps, infant formula maker Mead Johnson Nutrition Co., based in Glenview, is finally being valued in the market as more than just a takeover target. The maker of Enfamil products has even been named by analysts as a possible...Tags: New York Stock Exchange, Pharmaceuticals, Elections, Coca-Cola Company, Glenview
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Ind. pension funds take hit in Wall Street lurches
The stock market's gyrations of the past couple weeks have meant millions of dollars in losses for Indiana's public pension funds. The Indiana Public Retirement System has about 40 percent of its $20 billion-plus in assets invested in the stock market....Tags: Interior Policy, Retirement, Indiana, Wages and Pensions, Finance
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Wall Street's ride compounds states' pension fears
Associated PressWall Street's volatility has hit state pension funds just as they were beginning to recover from the recession, turning what was merely a troubled forecast into a potentially stormy future for taxpayers who are on the hook for billions in unfunded...Tags: Ohio, Mutual Funds, Elections, Tallahassee (Leon, Florida), Interior Policy
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Gas prices expected to fall
Tribune staff reporterWith stock portfolios in shock because of Wall Street's gyrations, consumers have at least one thing to look forward to: The collapse in oil prices happening in near-tandem with the stock market blowout means that motorists should see pump prices drop...Tags: Health and Safety at School, Prices, Elections, New York Mercantile Exchange, Financial Markets
Aug 15, 2011
|Story| Associated Press
Aug 15, 2011
|Story| Associated Press
Aug 15, 2011
|Story| Chicago Tribune
Aug 14, 2011
|Column| Chicago Tribune
Aug 14, 2011
|Column| Chicago Tribune
Aug 14, 2011
|Story| Chicago Tribune
Aug 11, 2011
|Story| Reuters
Aug 12, 2011
|Column| Chicago Tribune
Aug 10, 2011
|Story| Reuters
Aug 12, 2011
|Story| Associated Press
Aug 12, 2011
|Story| Associated Press
Aug 12, 2011
|Story| Los Angeles Times
