Treasury Wine Estates Ltd., the world’s second-largest traded wine maker, may increase sales this year in Europe, the Middle East and Africa, helped by its Wolf Blass and Lindeman’s brands, according to an executive.
Ex-broker David Weishaus pleaded guilty to conspiracy and securities fraud in an insider trading scheme based on a tip involving International Business Machines Corp.’s acquisition of software company SPSS Inc.
Galleon Group LLC co-founder Raj Rajaratnam’s lawyer accused U.S. prosecutors of living in a “make-believe” and “imaginary world” where publicly available information about pending deals “didn’t exist.”
Siemens AG and its partners improved their offer for Alstom SA, valuing the French company’s energy assets at 14.6 billion euros ($19.9 billion) and raising the stakes in the takeover battle with General Electric Co.
Royal Philips NV said the strength of the euro will make 2014 a “challenging” year after the world’s biggest lighting manufacturer reported first-quarter earnings that missed analyst estimates. The stock declined the most since June 2011.
Invensys Plc, the engineering company whose takeover discussions with Emerson Electric Co. broke down last year, is becoming more palatable for acquirers after shedding its railroad division and reducing pension liabilities.
The trucks begin lining up early at the Growmark Bussen Terminal south of downtown St. Louis, their driver-side doors bearing the names of farm towns such as Ste. Genevieve, Missouri, and Bunker Hill, Illinois.