Covidien to buy ev3 for $2.6 billion in cash
- June 01, 2010
Covidien, the healthcare company spun off from Tyco nearly three years ago, said on Tuesday that it has agreed to buy ev3, a maker of stents and other medical devices, for ... Read More
Business News
Explore the latest Missouri business news and stay informed on recent project announcements, economic development updates, business expansions, and success stories.
From key industry updates to economic trends, we provide comprehensive coverage of Missouri business developments.
Whether you’re tracking growth opportunities, following market shifts, or seeking insight into the state of Missouri’s business climate, our aggregated news feed is here to keep you ahead of the curve.
Hitachi to invest in ‘social innovation’
- June 01, 2010
Hitachi Ltd. said Monday it will invest 1 trillion yen ($11 billion), or about 70% of its capital expenditure over the next three years, on its “social innovation” businesses, which include ... Read More
J&J unit acquires RespiVert
- June 01, 2010
Johnson & Johnson’s Centocor Ortho Biotech unit said Tuesday it bought RespiVert Ltd., a company developing treatments for asthma and other lung diseases. Respivert is testing anti-inflammatory drugs that are intended ... Read More
National Semi develops chip for ‘smart solar panel’
- June 01, 2010
National Semiconductor is diversifying into solar with the release a chipset that optimizes the power output of solar panels. The company said on Tuesday said that it is making its SolarMagic ... Read More
Caterpillar to buy Electro-Motive Diesel
- June 01, 2010
Caterpillar Inc. agreed to buy a U.S. maker of railroad locomotives on Tuesday for $820 million in cash, expanding its rail business from service into new engine manufacturing. The world’s largest ... Read More
Savvis to acquire Fusepoint for $124.5 million
- June 01, 2010
Savvis Inc. plans to buy Canadian IT company Fusepoint for $124.5 million. Toronto-based Fusepoint, a portfolio company of M/C Venture Partners, reported $41.7 million in revenue in 2009. The company, led ... Read More
Jack Henry strikes its largest deal
- May 28, 2010
In June, the banking software supplier expects to close on a $300 million purchase of Elizabethtown, Ky.-based electronic bill provider iPay Technologies LLC. The acquisition should broaden Jack Henry’s customer base ... Read More
Northern Trust plans to expand, mulls acquisitions
- May 27, 2010
Financial services company Northern Trust Corp. is actively planning to expand and is considering acquisitions, executives said on Wednesday. The executives, speaking at the company’s investor day in New York, said ... Read More
Magna plans electric-car battery plants in U.S., EU
- May 27, 2010
Magna International Inc., Canada’s biggest auto-parts maker, plans to invest as much as $600 million (U.S.) on new plants for making lithium-ion batteries for electric vehicles. “We currently are scouting out ... Read More
Novus makes 2 acquisitions
- May 26, 2010
Novus International Inc. said Tuesday it acquired several food and feed pigment and ingredient companies in Spain and Mexico for an undisclosed amount. The purchases increase the company’s size and reach ... Read More