Yearly Archives: 2010

Crestor approved to fight more heart disease

AstraZeneca won approval Monday to promote its cholesterol fighting drug Crestor for preventing heart disease in a vast new market of people with healthy cholesterol but other heart risks. Crestor won ... Read More

Covidien to buy Somanetics for $250M

Covidien plc said Wednesday it plans to buy Somanetics Corp. for $250 million. Somanetics, which develops, manufactures and sells noninvasive medical diagnostic and monitoring equipment, had sales of $50 million in ... Read More

Covidien to buy ev3 for $2.6 billion in cash

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

Corning profit soars on TV glass demand

Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers. The world’s largest maker of liquid-crystal-display glass, accounting for ... Read More

Covidien completes $250M Somanetics buy

Covidien plc said Wednesday it completed its $250 million acquisition of Somanetics Corp. The deal was announced a little more than a month ago. Somanetics, which develops, manufactures and sells noninvasive ... Read More

Corn Products to buy starch business for $1.3 billion

Corn Products International has agreed to buy the starches arm of Dutch paintmaker Akzo Nobel N.V. for around $1.3 billion. Corn Products International will pay cash and also assume employee obligations ... Read More

Consulting firm adds jobs in KC

Genesis 10, a New York-based business consulting firm, has opened an office in Kansas City and expects to hire 153 employees at good salaries over the next three years. The firm ... Read More

Compass Plus opens North American HQ in St. Louis

Compass Plus, an international provider of electronic funds transfer (EFT) and payments technology to financial institutions, announced it has opened its first North American office in St. Louis, and has appointed ... Read More

Communications firm to open new Springfield location

Gold Mountain Communications LLC is adding 140 jobs and leasing an office at 1701 W. Sunshine St. in Springfield. A ribbon-cutting and grand-opening for Gold Mountain Communications, a call center, will ... Read More

Coming soon, Avfuel from algae?

Experiments by scientists at the Pentagon’s Defense Advanced Research Projects Agency (DARPA) are moving forward quickly and could be producing jet fuel from algae at competitive prices by next year, the ... Read More