Crain's Chicago Business back issues from September 2007:
Strategy serves CastleArk well; 'Worst-performing asset class' beats benchmark.(News)(CastleArk Management LLC)
Sep 03, 2007; ... Byline: STEVEN R. STRAHLER Jerry Castellini is quick to acknowledge that his investment firm's specialty, large-cap growth stocks, has been "the single worst-performing asset class'' since he co-founded CastleArk Management LLC in 1999. Still, CastleArk's main ...
Short-sellers bet InnerWorkings will take a spill; Past missteps of print broker's founders fostering investor skepticism.(Markets)
Sep 03, 2007 ... Byline: BOB TITA Some investors are betting against InnerWorkings Inc., partly on a hunch that the entrepreneurs who helped start the Chicago-based printing outsourcing company will live up to their reputation for business blowups. About 38% of InnerWorkings' shares ...
Correction.(Correction notice)
Sep 03, 2007 ... TalentDrive Inc. was incorrectly described in an Aug. 27 ...
Construction Services.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Jeffrey L. Arfsten Chief operating officer Bovis Lend Lease Inc. Chicago Age: 53 Business: Construction Revenue (millions): $4,819.0 Civic: Boy Scouts of America; Chicago Central Area Committee; Metropolitan ...
A Conversation with Money Manager Chuck Carlson; BLUE CHIPS STACKED FOR RECORD RETURN.(Markets)(Interview)(Brief article)
Sep 03, 2007; ... Byline: Daniel Rome Levine Chuck Carlson, 46, CEO and portfolio manager, Horizon Investment Services LLC, Hammond, Ind. Experience: Nine years Assets under management: $130 million Crain's: Where are stocks heading? Mr. Carlson: ...
ART COLONY; Landmark factories in Pilsen would house artists, architects, dancers and more-but not all are applauding.(News)
Sep 03, 2007; ... Byline: ALBY GALLUN Phil Mumford owns a piece of Chicago's industrial heritage: a turn-of-the-century brick building in East Pilsen where Wendnagel & Co. made the rooftop water tanks that once dominated the city's skyline. Twelve years after buying the property at ...
Hello Moto? Hello? No iPhone-style buzz as new Q, Razr debut; a headache for Zander.(News)
Sep 03, 2007; ... Byline: JOHN PLETZ Motorola Inc.'s updated Q9m smartphone hit Verizon stores last week, but there were no lines of eager customers waiting outside. In some cases, the model wasn't even on the shelves for its debut Wednesday. Nor was it in Verizon's advertising, which ...
Change finder; Info junkie.(The Business of Life)(Shorebank Corp)(Brief article)
Sep 03, 2007; ... Byline: Laura Bianchi Community development and conservation lending are twin missions for Chicago-based ShoreBank Corp. President Mary Houghton, 66, who co-founded the bank 34 years ago. Where she goes for balance: "I track other banks and companies interested in the ...
It's back-to-reality day; A holiday, sort of; for most, Labor Day heralds return to full calendars, formal dress codes.(The Business of Life)
Sep 03, 2007 ... Byline: LISA BERTAGNOLI Ah, Labor Day: the final day of hooky before the overscheduled swirl of September, when the bill comes due for weeks or months of summer languor. After a season of casual dress, flexible hours, frequent Starbucks runs and leisurely lunches, ...
Reschke primed for malls again; Developer building shopping center, outlet.(News)
Sep 03, 2007; ... Byline: H. LEE MURPHY Michael W. Reschke, whose Prime Retail Inc. once controlled 60 outlet malls nationwide before imploding four years ago, is about to start building shopping centers around Chicago again. Prime Group-a holding company that lost control of ...
Utilities.(Focus: Who's Who)
Sep 03, 2007 ... Frank M. Clark Chairman, CEO Commonwealth Edison Co. Chicago Age: 62 Business: Electric utility Revenue (millions): $6,100.0 Professional: Economic Club; Executives' Club; Waste Management Inc.; Harris ...
Chemicals and agribusiness.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... G. Allen Andreas Former chairman Archer Daniels Midland Co. Decatur Age: 64 Business: Agribusiness Revenue (millions): $36,596.1 Professional: A. C. Toepfer William J. Doyle President, ...
Conduct unbecoming an officeholder; Our view.(Opinion)(Rod R Blagojevich)(Brief article)
Sep 03, 2007 ... Gov. Blagojevich's conduct in recent months has been more appropriate for a tin-pot dictator than an elected governor subject to the constraints of a state constitution. Like the despots who rule over benighted lands, Mr. Blagojevich has no truck with co-equal branches of ...
Realtors, appraisers in regulator's cross hairs; Possible Rx for mortgage meltdown: naming all parties in real estate deals.(News)
Sep 03, 2007; ... Byline: STEVE DANIELS Mortgage brokers, real estate agents and appraisers involved in every home sale in Illinois would be listed in public mortgage documents if legislation now being crafted by the state's top financial regulator becomes law. Dean Martinez, ...
Transportation.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Kevin E. Benson President, CEO Laidlaw International Inc. Naperville Age: 60 Business: Transportation servicesRevenue (millions): $3,131.9 Professional: TransCanada Corp. Edward Brennan Former lead ...
Banking.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Norman R. Bobins Chairman LaSalle Bank Corp. Chicago Age: 64 Business: Banking, financial services Assets (millions): $124,000.0 Professional: Financial Services Roundtable; Global Hyatt Corp.; Nicor Inc.; ...
Business Organizations.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Gregory W. Baise President, CEO Illinois Manufacturers Assn. Oak Brook Age: 55 Business: Membership organization for manufacturers Budget (millions): $3.5 Professional: Economic Club; Executives' Club; National ...
CTA explores Block 37 deal; Millions over budget, city talks privatization with Skyway firm.(News)(Chicago Transit Authority)
Sep 03, 2007; ... Byline: GREG HINZ The massive subway station under construction at Block 37 is running as much as $150 million over budget, a shortfall that has prompted city officials to move to privatize the project. Sources close to the matter say the city has begun discussions ...
Cultural Institutions.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Ted A. Beattie President, CEO John G. Shedd Aquarium Chicago Age: 62 Business: Aquarium Budget (millions): $40.7 Professional: Chicago Club; Economic Club Civic: Commercial Club; Ohio State ...
Retail.(Focus: Who's Who)
Sep 03, 2007 ... David W. Bernauer Retired chairman Walgreen Co. Deerfield Age: 63 Business: Drugstore chain Revenue (millions): $47,409.0 Professional: National Assn. of Chain Drug Stores; Office Depot Inc.; Lowe's Corp.; ...
Non-profits.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Ellen S. Alberding President Joyce Foundation Chicago Age: 49 Business: Charitable foundation Budget (millions): $4.0 Professional: Economic Club Civic: Commercial Club; National Panel on the ...
Building employees' nest eggs: a great return on investment; Your view.(Opinion)(Viewpoint essay)
Sep 03, 2007 ... Sid L. Mohn is president of the Chicago-based Heartland Alliance for Human Needs and Human Rights. Financial assets such as a savings account, a home, a college degree and other investments are critical in providing economic security, especially during tough times. Yet for ...
Who's who; We know who. Now you will, too.(Focus: Who's Who)
Sep 03, 2007 ... Byline: Michelle Evans Of the 731 movers and shakers on this year's list, only 34 were in the inaugural Who's Who in 1989. Year in and year out, mergers, retirements, death and even indictments alter the roster of Chicago's power elite. They include ...
Medical startups-for credit; Northwestern program hopes to attract VC.(News)(Northwestern University)
Sep 03, 2007; ... Byline: MIKE COLIAS Swami Gnanashanmugam can't stop the ideas from popping into his head. The fourth-year student at Northwestern University's Feinberg School of Medicine envisions an easier way to insert a patient's breathing tube, a better method for delivering ...
Food.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Thomas J. Baldwin Chairman, president, CEO Morton's Restaurant Group Inc. Chicago Age: 52 Business: Steakhouses Revenue (millions): $322.0 Brenda C. Barnes Chairman, CEO Sara Lee Corp. ...
Insurance.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Gregory C. Case President, CEO Aon Corp. Chicago Age: 44 Business: Risk, insurance brokerage Revenue (millions): $8,956.0 Professional: Economic Club; St. John's University; International Insurance Society; ...
Health Care.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Jeffrey S. Aronin President, CEO Ovation Pharmaceuticals Inc. Deerfield Age: 39 Business: Biopharmaceuticals Revenue (millions): Not available Professional: Discover Financial Services; Young Presidents' ...
Music to Goose Island's ears; Brewer taps indie bands to promote beer brands.(News)
Sep 03, 2007; ... Byline: ROBERT LOERZEL Beer companies routinely sponsor concerts, but Goose Island Beer Co. doesn't have the budget to compete with Miller and Budweiser for arena rock shows. So the Chicago brewery is finding other ways to connect with music fans. In July, Goose ...
Not for the high-handicapped; Above-average golfers fare better at Oak Grove.(The Business of Life)
Sep 03, 2007; ... Byline: H. LEE MURPHY Of all the Chicago-area golf courses that have opened in the past decade, perhaps none has inspired such controversy as Oak Grove Golf Course in the far northwest suburb of Harvard. Its blind shots, extreme doglegs and narrow, angular fairways punctuated ...
Oak Grove golf course.(The Business of Life)
Sep 03, 2007 ... 16914 Oak Grove Road Harvard (815) 648-2550 www.oakgrovegolfcourse.com Length: 7,021 yards Course rating: 75 Slope: 142 Head pro: Brian Smith Green fee: $69 at peak times, cart included ...
Hartmarx adopts a more youthful look; After shedding some suits, it buys Monarchy jeans.(News)
Sep 03, 2007 ... Byline: H. LEE MURPHY Best known through its 125-year history as a suitmaker, Hartmarx Corp. has been dropping cheaper lines to focus on luxury products. But that hasn't stopped the Chicago company from expanding its blue jean business. Hartmarx raised eyebrows two ...
PLAN CALLS FOR GREENER CARS; State should follow California, cut emissions, guv's panel says.(News)
Sep 03, 2007; ... Byline: PAUL MERRION Illinois would join California in significantly limiting air pollution from cars under a plan to be recommended to Gov. Rod Blagojevich by a panel of business, labor and environmental leaders. The group, appointed by the governor to find ways to ...
Manufacturing.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... David J. Anderson President, CEO Sauer-Danfoss Inc. Lincolnshire Age: 59 Business: Auto parts and equipment Revenue (millions): $1,739.1 George V. Bayly Chairman, CEO Altivity Packaging ...
Technology.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Michael J. Birck Chairman Tellabs Inc. Naperville Age: 69 Business: Telecommunications equipment provider Revenue (millions): $2,041.2 Professional: Molex Inc.; Illinois Tool Works Inc.; Tau Beta Pi; Eta Kappa ...
School shrink; SCHOOL DAYS ARE FEWER NOW, EVEN AS MAYOR DALEY CALLS FOR A LONGER ACADEMIC YEAR.(Greg Hinz)
Sep 03, 2007; ... Byline: Greg Hinz The education establishment sparked a flap a while back when it began teaching "new math'' in the schools. Though academics liked it, most parents never could figure out why eight suddenly was bigger than 11, no matter how many times they were lectured about ...
At a glance.(News)
Sep 03, 2007 ... The news: Illinois task force favors tough, California-style pollution curbs on vehicles. The background: Gov. Blagojevich challenged outside experts to ...
Government.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Rod R. Blagojevich Governor State of Illinois Chicago Age: 50 Business: State government Budget (millions): $59,500.0 Charles E. Box Chairman Illinois Commerce Commission ...
Consumer products & services.(Focus: Who's Who)
Sep 03, 2007 ... Steven D. Barnhart President, CEO Orbitz Worldwide Inc. Chicago Age: 45 Business: Online travel company Revenue (millions): $752.0 Civic: University of Chicago Carol Lavin Bernick ...
Crain's picks.(The Business of Life)(Calendar)
Sep 03, 2007; ... Byline: Margaret Littman Opening "Soiree Dada" 77 E. Randolph St. (312) 742-8497 www.wneptheater.org 7:30 p.m. Friday and Saturday Tickets: $20, $15 children The Chicago Cultural Center hosts ...
Destination: botswana.(The Business of Life)
Sep 03, 2007; ... Byline: Anne Ford GET AWAY: One of the wealthiest and most stable countries on the African continent, Botswana has made its reputation for unspoiled terrain by catering to small numbers of high-end travelers instead of tourist hordes. You'll almost certainly want to book an ...
English combines pub, American bistro menu; River North spot offers lively after-work option.(The Business of Life)
Sep 03, 2007; ... Byline: LAURA BIANCHI English, the fifth and newest venture from Chicago restaurant-lounge group Eat Well Drink Better Inc., is well en route to achieving its gastropub aspirations in River North. Though some dishes need a bit more sorting out, there is plenty to recommend from ...
Business Services.(Focus: Who's Who)
Sep 03, 2007 ... Gary D. Ahlquist Senior vice-president, managing partner Booz Allen Hamilton Inc. Chicago Age: 54 Business: Management consulting Revenue (millions): $4,000.0 Professional: Economic Club Civic: ...
For the record, week ended 8.31.07.(FTR)(health care policy )(Home sales in the Chicago region )(Ace Hardware plans to convert from retailer-owned cooperative to for-profit corporation)
Sep 03, 2007 ... Gov. Blagojevich is moving forward with his plan to expand health care programs without approval from lawmakers. He outlined a new program that would provide coverage for people 19 to 21 who are seriously ill, injured or have pre-existing conditions. His aides say the bridge program will ...
CME to shutter pork bellies pit.(Top Story)
Sep 03, 2007 ... CME Group's storied futures trading pit for pork bellies, for years one of the exchange's hottest commodities, soon will be history. The pit, which has shrunk since its heyday in the mid-1980s, won't be started up again when the company, formed in July after the Chicago Mercantile Exchange ...
A short trend: the shrunken tie; Seen & noted.(The Business of Life)(Brief article)
Sep 03, 2007; ... Byline: Lisa Bertagnoli Honey, who shrunk the ties? According to men's dress standards, ties should end at about a half- or quarter-inch above the waistband. But fashion-forward men are tying their ties in a thick Windsor or half-Windsor knot in order to leave ...
Wrigley sells less gum for more money; Price hike cuts into volume, marketshare as Cadbury expands.(News)
Sep 03, 2007; ... Byline: DAVID STERRETT A price hike is boosting Wm. Wrigley Jr. Co.'s U.S. gum revenues but costing it customers at a time when a big rival is gaining ground. Wrigley's U.S. gum sales rose 6.8% in dollar terms in the four weeks ended Aug. 11 after it raised prices ...
On the move.(People)(Wildlife Conservation Society appoints Dan Wharton)(Deloitte & Touche Corporate Finance LLC appoints Robert W. Pilcher)(Provena Health appoints Tracey Calver)
Sep 03, 2007 ... ARTS/ ENTERTAINMENT Chicago Zoological Society, Brookfield: Dan Wharton, 60, to senior vice-president of animal programs at Brookfield Zoo, from director of New York City zoos at the Wildlife Conservation Society in New York. CONSUMER SERVICES Redbox ...
At deadline.(presidential candidate Hillary Clinton comes to Chicago )(Medical malpractice suits filed in Cook County )(tax rate on commercial property)(Brief article)
Sep 03, 2007; ... J. B. Pritzker, Merc's Duffy to fete Hillary Democratic presidential candidate Hillary Clinton comes to Chicago Oct. 4 for two big-ticket fundraisers. One is being organized by CME Group Executive Chairman Terrence Duffy and the other is headed by J. B. Pritzker, national ...
Dominick's clan gets $75 mil. for real estate; This week.(At Deadline)(Dominicks grocery chain sells its retail poperty to RREEF Real Estate)(Brief article)
Sep 03, 2007; ... Byline: Eddie Baeb The DiMatteo family, which founded the Dominick's grocery chain, sold seven retail properties to investment advisory firm RREEF Real Estate. The properties fetched about $75 million, according to a person familiar with the deal. They include Dominick's-leased ...
SPOTLIGHT Leonard Amari; `Putting people in the right spots' at John Marshall.(People)
Sep 03, 2007; ... Byline: Lorene Yue Job: President, board of trustees, John Marshall Law School, as of Sept. 14. Vitals: 65 years old; bachelor's degree in political science, Northern Illinois University, 1964; law degree, John Marshall Law School, 1968; teacher, John Marshall, ...
Horizon aims to cash in; Local manager may gain from Sentinel's woes.(News)(Diane Mix Birnberg )
Sep 03, 2007; ... Byline: STEVEN R. STRAHLER Diane Mix Birnberg, president of Chicago-based Horizon Cash Management LLC, didn't plan it this way. Starting out in 1971 as a brokerage firm secretary who couldn't type, the New Orleans native built a 36-year career that now has her ...
Old kings of coffee losing power; Folgers, Maxwell House victims of cultural shift.(News)
Sep 03, 2007 ... Byline: EMILY BRYSON YORK How is it that Maxwell House and Folgers, a decade ago the unrivaled kings of coffee, ended up on the back burner? The short answer is Starbucks-or, more accurately, a cultural shift in how Americans drink coffee that has largely been driven ...
Hair cutter plans local growth.(News)
Sep 03, 2007 ... Byline: PAUL MERRION Competition for a cheap haircut in Chicago is getting stiffer. One of the region's larger chains, Massachusetts-based Fantastic Sams, plans to double the 60 franchised salons it now has in Northern Illinois over the next few years, aiming for ...
A red-carpet night awaits film buffs; Taking names.(The Business of Life)(Brief article)
Sep 03, 2007; ... Byline: Shia Kapos Angelina Jolie has left town, and shooting of the Batman movie "The Dark Knight'' is winding down, but film news in Chicago is still heating up with the arrival of Muvico, the high-end theater opening Sept. 14 in Rosemont's glitzy entertainment complex. ...
Architecture & Engineering.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Carol Ross Barney Design principal Ross Barney Architects Inc. Chicago Age: 58 Business: Architectural design Revenue (millions): $5.6 Professional: American Institute of Architects; Chicago Women in ...
Education.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... John L. Anderson President, Illinois Institute of Technology Chicago Age: 61 Business: Higher education Budget (millions): $179.0 Professional: National Research Council Henry S. Bienen President, ...
Financial Services.(Focus: Who's Who)(Company overview)
Sep 03, 2007 ... Carl S. Allegretti Midwest regional managing partner Deloitte Tax LLP Chicago Age: 46 Business: Professional services Revenue (millions): $8,769.0 (Deloitte & Touche USA LLP) Professional: Economic Club; ...
Law.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Laurel G. Bellows Principal Bellows & Bellows P.C. Chicago Age: 59 Business: Law firm Revenue (millions): Not available Professional: American Bar Assn.; National Conference of Bar Presidents; Executives' ...
Marketing & media.(Focus: Who's Who)(Directory)
Sep 03, 2007 ... Joseph J. Ahern President, general manager WBBM-TV/Channel 2 Chicago Age: 62 Business: Television Revenue (millions): Not available Professional: Economic Club; Executives' Club; Chicagoland Chamber of ...
Real estate.(Focus: Who's Who)
Sep 03, 2007 ... Michael J. Alter President Alter Group Skokie Age: 46 Business: Real estate development Revenue (millions): $567.0 Professional: Urban Land Institute; Young Presidents' Organization; Economic Club; Chicago Sky ...
On the move.(People)(AIROOM INC.appoints Thomas Graham)(Code Hennessy & Simmons LLC appoints Marcus George)(American Medical Assciation appoints Steven W. Churchill)
Sep 10, 2007 ... ARCHITECTURE/ENGINEERING AIROOM INC., Lincolnwood: Thomas Graham, 50, to CEO, from chief operating officer. FINANCIAL SERVICES Code Hennessy & Simmons LLC, Chicago: Marcus George, 37, and Ed Lhee, 37, to partner, from managing director. Also, Krista ...
Daley touting city, neglecting work to be done; Our view.(Opinion)(Richard M. Daley )(Brief article)
Sep 10, 2007 ... Mayor Richard M. Daley is on the road again, this time to Paris. Trips like this-he's been to Rio de Janeiro, London and Athens in the past year-are meant at least in part to boost Chicago's international profile as it competes to host the 2016 Olympic Games. But while our mayor ...
Destination: Aspen.(The Business of Life)
Sep 10, 2007; ... Byline: Anne Ford GET AWAY: Aspen's oaks and cottonwoods are already showing their colors, a couple of weeks before New England's leaf-peeping begins. Through mid-October, drives over nearby Independence Pass, or from Maroon Creek Road to the Maroon Bells scenic area, are likely ...
The 5th sense: Ad promises more than any gum can deliver; Your view.(Opinion)
Sep 10, 2007; ... Byline: Bob Garfield Bob Garfield is editor at large and a columnist at Crain's sister publication Advertising Age. Here's a term that should make you laugh out loud: chewing-gum technology. Yet there is such a thing. Gum science has vastly advanced over ...
Transit funding plan fails in House.(Top Story)(Brief article)
Sep 10, 2007 ... The Illinois Senate has been called into session Monday to discuss a potential rescue package for the CTA, Metra and Pace. A spokeswoman for Senate President Emil Jones said only that the session would involve "discussion of a transit issue.'' But Sen. John Cullerton, D-Chicago, said he ...