Mining supplies and equipment maker purchasing Continental Global Inc. from NES Group Inc. for $270 million.
Shares dropped more than 7 percent after Deutsche Bank recommended investors get rid of the stock in a report predicting weaker commercial jet orders in 2008.
Automaker said it had its best year in international markets for 2007, selling 238,218 vehicles, up from the 206,925 it sold in 2006.
Shipments to wholesalers increased 2.1 million barrels to 104.4 million barrels, said August A. Busch IV, president and CEO.
Blaze tore through a refrigeration warehouse under construction in an industrial district south of the capital.
Dental laser company said Jake St. Philip will become chief executive and a director, effective immediately, replacing Interim CEO Federico Pignatelli, who will become president.
Tougher safety measures implemented in the wake of high-profile toy recalls last year could drive up the cost of China-made toys by at least 10 percent this year.
Czech state-owned brewery which has been fighting a long legal battle with Anheuser-Busch over the Budweiser brand had record exports again.
Company submitted a report to the Ministry of Economy, Trade and Industry late last month, in which it admitted that it did not clearly note safety measures in its operational manual.
European Union officials acknowledge that the economy may grow more slowly as businesses start to feel the pain of higher oil prices, a high value euro and a banking crisis.
Doughnut maker named Chairman James H. Morgan president and chief executive.
The 11-inch XEL-1, which will go on sale this month, is Sony's first television for the U.S. to use organic light-emitting diode technology.
U.S. Steel's Gary Works complex helps make Indiana the country's top steel-producing state, but there is a constant balancing act between manufacturing and the environment.
Manufacturer spending $2.3 million for 33.5 percent stake in a local crucible maker to 'significantly reduce' costs of purchasing crucibles from abroad.
Food manufacturer packaging company purchased the former Iceland USA seafood plant; facility closed last year, idling 422 workers.
Competition is intense among the latest video game machines, pitting Sony's PS3 against Nintendo's popular Wii and Microsoft's XBox 360.
Hiring practically stalled in December, driving the unemployment rate up to a two-year high of 5 percent and fanning fears of a recession.
Bush administration is going ahead with a controversial pilot program giving Mexican trucks greater access to U.S. highways despite a new law by Congress against it.
Federal government says it's failed to reach a deal with Dow Chemical Co. for the study and interim cleanup of dioxin contamination in the Tittabawassee River system.
Diamond Pet Foods, which made contaminated pet food that killed dozens of dogs in the U.S., will pay $3.1 million in a settlement with pet owners.