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.
Spirit Aerosystems Holdings Inc., the aerospace supplier that makes parts for Boeing Co. and Airbus SAS, jumped to an 11-month high after the Daily Mail said GKN Plc is readying a takeover bid for about $35 a share.
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.
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.”
Alstom SA, the world’s third-largest power-equipment maker, cut its profitability forecast after earnings missed analyst estimates amid reduced spending by clients. The stock dropped the most in more than four years.
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.