All posts by : MOPartAdmin

Stifel to buy Thomas Weisel Partners for $300M

Stifel Financial Corp. said Monday it plans to buy San Francisco investment bank Thomas Weisel Partners for more than $300 million in stock. The deal will create a middle-market investment bank ... Read More

Start-up may sell genetic tests in stores

Genetic tests that assess a person’s risk of getting various diseases are heading to the corner drug store. Pathway Genomics, a start-up company, is expected to announce on Tuesday that it ... Read More

St. Louis University gets $5M for new sustainability center

Saint Louis University today announced a $5 million grant from the Alberici Foundation to establish the new Center for Sustainability — a first for the nation’s 28 Jesuit colleges and universities. ... Read More

St. Louis County to open new life science incubator

St. Louis County sold $7 million in bonds Tuesday to build a new incubator in Creve Coeur and renovate existing ones. The new incubator, which will be adjacent from the Bio-Research ... Read More

St. Louis area firm opts for insourcing

Reversing a trend that has resulted in the loss of thousands of local jobs, a St. Louis-area apparel manufacturer has opted against out-sourcing and folded the bulk of information technology operations ... Read More

St. Louis among most affordable cities to do business

St. Louis is one of the most affordable cities in the nation to do business, a new study shows. St. Louis ranked sixth with a cost index of 97.8, benefiting from ... Read More

Spartech picks Maryland Heights for new technology center

Spartech Corp. said Monday it picked Maryland Heights as the location of its new technology and innovation center. The new Technology and Innovation Center, a 90,000-square-foot facility at 11650 Lakeside Crossing ... Read More

Solutia to buy Etimex Solar for $325M

Solutia Inc. said Monday it plans to buy Etimex Solar GmbH, a company that supplies solar products, for nearly $325 million. Etimex Solar is a subsidiary of Germany-based Etimex Holding GmbH, ... Read More

Smith Electric Vehicles U.S. makes offer to buy British counterpart

Smith Electric Vehicles U.S. Corp. has offered to buy its British partner for 37 million pounds ($55.2 million) in cash and a piece of any future public offering. The Kansas City-based ... Read More

Solo Cup to buy InnoWare container company

Manufacturer Solo Cup Co. is buying take-out container maker InnoWare Plastic Inc. for $24 million in cash. The privately held company said Wednesday it will buy the unit of disposable foodservice ... Read More