| Feb 7, 2014
| 7:05 AM
By Natalie Harrison
NEW YORK, Feb 7 (IFR) - Private equity group Carlyle is
expected to fund its acquisition of Illinois Tool Works Inc's
industrial packaging unit with around USD2.4bn-USD2.5bn of debt,
according to market sources.
| Jan 28, 2014
| 3:30 AM
Reports: December durable orders, S&P Case Shiller home price index, January consumer confidence
Local earnings: Arthur J. Gallagher, Calamos Asset Management, Equity Lifestyle Properties, First Busey Corp., Hub Group, Illinois Tool Works, Jones Lang...
| Jan 28, 2014
| 5:46 AM
Glenview-based Illinois Tool Works Inc. said its fourth-quarter earnings tumbled in comparison to the year-ago period that contained a huge business sale gain, but the results still topped Wall Street expectations.
Net income in the quarter ended Dec....
| Oct 15, 2013
| 4:32 PM
Bryan Smith's lengthy profile of Sun-Times chairman Michael Ferro tells the story that had a lot of us buzzing last year: Another major flap involved the Sun-Times’ November 2012 obituary of David Speer, CEO of Illinois Tool Works (the company......
| Sep 30, 2013
| 6:30 AM
Companies that find themselves flush with cash have been buying back their shares in 2011.
Not the least of this group is Warren Buffett's Berkshire Hathaway. Technology, drug and railroad companies are also repurchasing in large quantities because...
| Apr 24, 2013
Corporate earnings reports have pacified investors this week after a bout of selling followed renewed concerns about a global slowdown last week.
It's not that companies have provided dazzling first-quarter results. Many are continuing to make their...
| Nov 18, 2012
Two years before U.S. Cellular's 2002 entry into Chicago's wireless carrier fray, Jack Rooney, then its chief executive, said his upstart enterprise would never "be a big gorilla" but rather "a little chimpanzee that runs around stealing bananas and...
| Oct 12, 2012
| 8:22 AM
The Women's Board of the Lyric Opera of Chicago presented an elegant opening-night gala at the Civic Opera House on Oct. 6. The affair celebrating the Lyric's 58th season featured Scottish director David McVicar's new production of Richard Strauss'...
| Oct 17, 2012
| 1:36 PM
It might begin with a child discovering a new word through a volunteer reading to them. Or perhaps a teen struggling in class receives the additional attention needed to pass a math test. These small acts can trigger years of learning and academic...
| Oct 17, 2012
| 2:16 PM
Chief Executive Officer & US Country Head
BMO Financial Corporation
Deborah L. DeHaas
Vice Chairman & Central Regional Managing
Partner, Deloitte LLP
Jay L. Henderson
Vice Chairman, Client Service...
| Nov 8, 2012
The perils of looking too far out in the future when it comes to the economy are evident in a Chicago Tribune story that ran Nov. 8, 1928, two days after Herbert Hoover was elected to succeed fellow Republican Calvin Coolidge in the White House.