Yearly Archives: 2010

BASF poised to buy Cognis for $4 billion

BASF, the world’s largest chemicals maker, has sealed a deal to buy Cognis, a German maker of additives, for at least 3.3 billion euros ($4.1 billion), The Wall Street Journal reported, ... Read More

BASF 1Q profit hits $1.4B, nearly triples

German chemical company BASF SE said Thursday that the economic recovery and a push by customers to restock their own inventories helped it nearly triple its first-quarter net profit. The company, ... Read More

Barnes-Jewish 1 of 14 hospitals on U.S. News Honor Roll

Barnes-Jewish Hospital and its physician partners at Washington University School of Medicine are one of 14 hospitals and medical institutions nationwide included on U.S. News & World Report’s list of “America’s ... Read More

Ball selling packaging unit to Amcor for $280M

Metal and plastic packaging supplier Ball Corp. said Tuesday that it has agreed to sell its U.S.-based plastic packaging business to Australian packaging company Amcor Ltd. for $280 million. The deal ... Read More

BAE wins weapons contracts

Just days after losing a large contract to supply armored vehicles for the British army, BAE Systems PLC on Friday announced two weapons deals that in the long term could be ... Read More

Astra pays up to $1.2 billion for arthritis drug

AstraZeneca waded into the competitive rheumatoid arthritis market on Tuesday by buying rights to Rigel Pharmaceuticals‘ next-generation drug R788 for up to $1.245 billion, Reuters reported. The deal is a big ... Read More

Audi eyes China, U.S. for growth

Audi AG on Friday reported its first-half net profit nearly doubled and said it is looking for strong growth in China and the U.S., with plans to boost sales to record ... Read More

Astellas Pharma buys OSI for $4 billion

Astellas Pharma Inc., Japan’s No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash in a bid to expand its ... Read More

Areva buys solar-thermal start-up Ausra

France-based Areva, best known for its work in nuclear power, said on Monday it has acquired concentrating solar-power start-up Ausra for an undisclosed price. The acquisition will expand Areva’s business interests ... Read More

American Railcar in high-speed venture

Billionaire investor Carl Icahn is backing a startup company that would build trains to run on President Barack Obama’s high-speed rail network, challenging international manufacturers that dominate the market, the company ... Read More