Business News

Missouri’s economy gaining momentum

The Missouri economy is gaining momentum as exports and manufacturing remain strong and the housing market correction was relatively mild, according to the State Monitor Report released today by BMO Capital ... Read More

Seven Missouri companies included in Computerworld’s list of the 100 Best Places to Work in IT

Seven Missouri-based firms are among Computerworld’s 2012 list of the 100 Best Places to Work in Information Technology: Monsanto (29th), Scottrade Financial Services Inc. (31st), National Information Solutions Cooperative (54th), Ascension ... Read More

Mallinckrodt inks marketing deal with Horizon Pharma

Mallinckrodt, the Hazelwood-based pharmaceuticals business being spun off from Covidien, said it has entered a co-promotion agreement with Horizon Pharma Inc. to promote Duexis, a proprietary single-tablet combination of ibuprofen and ... Read More

Ralcorp acquires Italian frozen meal maker Gelit

Ralcorp Holdings Inc. has completed the acquisition of Gelit S.r.l., an Italian producer of private-brand, frozen ready made meals that has annual sales of $45 million, Ralcorp officials said. Terms of ... Read More

U.S. Solar Market Seen Doubling

The U.S. market for solar panels is likely to double in 2012, thanks to government policies and falling prices, although new tariffs on panels imported from China could contribute to slower ... Read More

St. Louis Children’s Hospital ranked in Best Children’s Hospitals report

St. Louis Children’s Hospital is ranked on the U.S. News & World Report’s Honor Roll of Best Children’s Hospitals for the tenth consecutive year, the hospital said Tuesday. Only twelve childrens ... Read More

Helix Center Biotech Incubator hopes to nurture life science start-ups

With the sounds of drills and hammers ringing in the background, it doesn’t take long to realize that the Helix Center Biotech Incubator is still a work in progress. The construction ... Read More

Belden to buy Miranda Technologies for $357 million

St. Louis-based cable maker Belden Inc. has agreed to buy Miranda Technologies Inc. of Canada for an all-cash offer of CA$17 per share, or about US$357 million. The acquisition will increase ... Read More

Interstate 70/435 project enters final phase

Missouri is wrapping up the final piece of a two-year, $39 million reconstruction of the Interstates 70 and 435 interchange — a new ramp from U.S. Highway 40 onto northbound I-435, ... Read More

Canada’s CGI Buys Logica

Canadian information-technology services provider CGI agreed to buy embattled Anglo-Dutch rival Logica for £1.7 billion as it seeks to expand its global footprint. Read More… ... Read More