Caterpillar Inc. reported a stronger-than-expected quarterly profit and raised its full-year outlook, citing sales growth in emerging markets, especially from customers in mining and energy. The world’s largest maker of construction ... Read More
Medical technology company CareFusion Corp. said Monday it will buy Medegen for $225 million in cash. Medegen makes needleless access valves and other products that deliver intravenous medication to patients. CareFusion ... Read More
Cardinal Health today announced plans to expand its presence in specialty pharmaceutical services with a definitive agreement to purchase Healthcare Solutions Holding, LLC in an upfront $517 million all-cash transaction. The ... Read More
Canadian soft drink maker Cott Corp. is buying private-label juice maker Cliffstar Corp. for $500 million in cash, to expand its portfolio of beverages. Cliffstar is the largest private-label maker of ... Read More
Broadcom Corp. made it official Wednesday (Feb 3) it is spending $123 million to acquire startup Teknovus Inc. (Petaluma, Calif.) for its Ethernet passive optical networking technology chipsets and software. “Today ... Read More
Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from the American competitor, Emerson Electric, that values it at £997 million ($1.5 billion). ... Read More
Brazil on Tuesday opened the world’s first ethanol-fueled power plant in an effort by the South American biofuels giant to increase the global use of ethanol and boost its clean power ... Read More
Jazz Air LP plans to replace some of its aging fleet of passenger aircraft and spend up to US$937 million to purchase as many as 30 new turboprops from Bombardier, the ... Read More
A St. Louis-based unit of Boeing won a contract worth about $69.7 million by the U.S. Air Force for the initial engineering, manufacturing and development of QF-16 Full Scale Aerial Targets, ... Read More
A St. Louis-based unit of Boeing and Stirling Energy Systems (SES) inked a deal calling for the Scottsdale, Ariz.-based solar power developer to integrate the aerospace company’s high-concentration photovoltaic cells into ... Read More