Saturday, November 24, 2012
Chocolate market affects Deerfield based Mondelez.
- BUSINESS
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Saturday, November 24, 2012
Deerfield based EDL Consulting has developed an application for small and medium sized businesses to use the “cloud” to sell directly to customers through e-commerce, according to a story in Techgoondu. The program eases the way for companies to build an online market for far less than it can be done by a large company and have the service ready to go in as little as 10 week, according to the story. Meanwhile, Deerfield based Mondelez International, Inc., expects a little change market for chocolate in the next year making it easier to forecast prices, according to an article on Bloomberg Business Week. “From a weather conditions standpoint, we are not seeing severe droughts or floods, so in the near-term, it looks like a more predictable …
Sunday, November 4, 2012
CF Industries to Expand Operations.
- BUSINESS
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Sunday, November 4, 2012
Deerfield based Beam, Inc., reported a strong third quarter showing a profit as opposed to a loss during the same period last year as well as sales growth, according to a report on 4-Traders. Beam reported earnings of $0.57 per share for the quarter just ended against a loss for the same period in 2011 of $0.53 a year ago, according to 4-Traders. Sales grew at an 8 percent rate during the period and earnings are up 21 percent for the year. Another Deerfield based company, CF Industries, the world’s second largest producer of nitrogen, will invest $1.7 billion to expand a fertilizer facility at its Port Neal, IA, plant, according to a report in the Muscatine Journal. The project is expected to create 100 permanent new jobs and employ …
Saturday, October 27, 2012
Deerfield based companies help train science teachers; create jobs for people with disabilities
- BUSINESS
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Saturday, October 27, 2012
A program created in Connecticut by Deerfield based Walgreens just under a year ago to increase job opportunities for people with disabilities through special training has already placed 17 of the 62 people who have completed the course with employment in the company, according to a story on Daily Finance. The goal of the program is to provide people with training for jobs in Walgreens stories or other retailers requiring similar skills, according to the story. The company works closely with social service and vocational rehabilitation agencies to administer the course. Takeda, another Deerfield based corporation, said this week it would donate $250,000 to Chicago’s Museum of Science and Industry’s Center for Advancement of Science …
Saturday, October 20, 2012
Baxter issues earnings report, Walgreens hires new executive and Beam takes a look at a foreign operation.
Deerfield based Baxter Healthcare Corporation reported increased quarterly earnings this week but not as much as originally projected, according to an article in the Chicago Tribune. Profits for the year are expected to follow the same pattern. Net income jumped to $583 million, or $1.06 per share, from $576 million, or $1.01 per share, a year earlier, according to the Tribune. Analysts had anticipated earnings of $1.14 per share on revenue of $3.52 billion. Full year profits are now expected to be between $4.51 to $4.54 per share, compared with $4.49 to $4.57 in earlier projections. Earlier: Business Roundup: Baxter Sees Long Term Growth In other news from local businesses, Deerfield based Walgreens named Brad Fluegel its senior vice …
Sunday, October 7, 2012
Takeda acquires a new company while Beam declares a dividend.
- BUSINESS
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Sunday, October 7, 2012
Deerfield based businesses finished a busy week as Takeda Pharmaceuticals acquitted LigoCyte Pharmaceuticals, Inc, and Beam, Inc., declared a dividend for its shareholders, according to business news sources. Takeda, located on Takeda Parkway in Deerfield, will pay $60 million cash for LigoCyte plus potential future considerations based on the company’s performance, according to prnewswire. LigoCyte, based in Bozeman, MT, manufactures vaccines. "Takeda's acquisition of LigoCyte is a major step forward in the expansion of Takeda's vaccine business, and a demonstration of Takeda's dedication to preventing illness in children and adults around the world," Executive Vice President Dr. Rajeev Venkayya said in the prnewswre story. Beam, …
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6:09 am on Wednesday, November 14, 2012
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