DDB/CHICAGO fail to wins PENNEY'S ...

DDB/CHICAGO fail to wins PENNEY'S

The JC Penney Co is pulling its ad account from DDB/Chicago and moving the business, believed to be worth upward of $450 million, to Saatchi & Saatchi/New York. DDB had handled the Penney's ad business for the past six years. DDB will unfold Penney's ads for the upcoming holiday season before the transition of the account to Saatchi is unimpaired

LAKE shire FAIRGROUNDS SOLD

The Lake shire Fair Association has agreed to vend the fairgrounds at U.S. 45 and Illinois 120 to SKW Capital Management, Deerfield real estate developer The association will receive $125 million and also will finish the 160-acre Titus Farm peculiarity valued at $16 million. The farm at Peterson and Midlothian will be the site of the strange fairgrounds. SKW plans to build an "urban village" with retail in succession the current fairgrounds.

CME CBOT TRADING RISES

The Chicago Board of Trade said trading in August rose 23 percent as investors bought and sold more contracts tied to interest rates. Transactions rose to an average 334 million contracts a day. The Chicago Mercantile Exchange said August tome reached an average 5 million contracts a day, up 35 percent from a year ago.

NORTHFIELD FILES FOR OFFERING

Northfield Laboratories Inc. has filed a shelf registration statement with the Securities and Exchange Commission to present and sell up to $100 million of its securities. The recently made known registration replaces a similar common the Evanston-based company filed with the SEC in December 2004 which has been withdrawn.

AUGUST righteous TO GM

General Motors placeed its first monthly sales gain since January - - 39 percent Ford's sales dropp 116 percent compared with last August, while DaimlerChrysler's Chrysler collection fell 4.2 percent. Even Honda, which had been seeing gains, dropp 32 percent which it blamed onward its inability to build enough engines. Toyota's U sales rose 17 percent

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