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Business News

Norway’s Yara to buy Terra Industries for $4.1B

Norwegian fertilizer company Yara International ASA said Monday it has agreed to acquire U.S. competitor Terra Industries Inc. for $4.1 billion. Yara said it would pay $41.10 per share of Terra ... Read More

Mitsubishi Heavy may build U.S. wind turbine plant

Mitsubishi Heavy Industries Ltd said on Monday it is considering building a wind turbine plant in the United States, and will a make final decision after seeing how demand recovers. Mitsubishi ... Read More

Kia to introduce hybrid to U.S. market in 2010

Kia announced on Feb. 10 its plans to introduce its first hybrid vehicle to the U.S. “It will be here before the end of the year and will be available to ... Read More

Biovail, Alexza develop inhaled mental health treatment

An inhaled mental health drug could appear on the market in the near future under a collaboration announced Wednesday by Biovail Corp. and Alexza Pharmaceuticals. Biovail subsidiary Biovail Labs International SRL ... Read More

SunPower to acquire SunRay for $227 million

U.S. solar-panel manufacturer SunPower has signed an agreement to acquire SunRay Renewable Energy and its existing solar projects for $277 million, both companies announced Thursday. The maker of high-efficiency solar panels ... Read More

Micron buys Numonyx for $1.27 billion

Micron Technology announced late Tuesday that it was acquiring Numonyx Holdings in an all-stock deal worth about $1.27 billion, a move that may help it challenge Samsung and Toshiba. Numonyx, formed ... Read More

LaBarge wins $1M missile warning system contract

LaBarge Inc. has landed contracts valued at $1 million from London-based BAE Systems to make circuit card assemblies for missile warning systems. LaBarge Inc. has landed contracts valued at $1 million ... Read More

Divergence wins $500,000 in grants for crop parasite work

St. Louis biotech firm Divergence Inc. said Tuesday it received two Small Business Innovation Research grants totaling $500,000, along with renewed funding from the National Corn Growers Association, to support its ... Read More

Two Missouri hospitals rank in the top 3 most integrated health care networks

Sisters of Mercy Health System networks took two of the top three spots in a recent rating of the nation’s top 100 most integrated health-care networks. In health analytics firm SDI’s ... Read More

Boehringer Ingelheim to buy Japanese consumer drug producer

German drug company Boehringer Ingelheim is in talks to make Japanese subsidiary SSP Co Ltd (4537.T) wholly-owned in a deal worth more than 30 billion yen ($335 million), the Nikkei newspaper ... Read More