Topic: Company Activities and Information
Massey agrees to buy rival coal company for $960M
AP News
Massey Energy strikes $960M deal for rival Appalachian coal producer CumberlandCoal producer Massey Energy Co. said Tuesday it has agreed to buy privately held rival Cumberland Resources Corp. for $960 million in cash and stock. Richmond, Va.-based Massey called Cumberland a good fit for its strategy of capitalizing on ...
Focus Media posts narrower 4Q loss
AP News
Focus Media posts narrower 4Q loss as one-time accounting charges fallChina's Focus Media Holding Ltd. said Tuesday that a drop in one-time expenses helped narrow its fourth-quarter loss. The company, which runs advertising networks, posted a net loss of $52.5 million, or 39 cents per share, for the ...
KeyCorp's CEO pay rises on higher base salary
AP News
KeyCorp's CEO pay rises 15 percent on higher base salaryThe chief executive of KeyCorp bank holding company saw his compensation rise 15 percent last year as his base salary rose, according to an Associated Press calculation. Henry Meyer got a pay package worth about $5.1 million in 2009 ...
Sigma-Aldrich buys Ace Animals, terms undisclosed
AP News
Sigma-Aldrich buys Ace Animals for undisclosed amount, adds lab rodent breeding resourceBiochemical company Sigma-Aldrich said Tuesday that it will buy a commercial rodent breeder in Pennsylvania. The acquisition of Ace Animals, based in Berks County, will boost the company's ability to produce test rats with specific gene deletions, insertions ...
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