CRST International to acquire Allied Van Lines unit
Cedar Rapids based CRST International buys Allied Van Lines Special Products Division in Fort Wayne. The move expands STI offerings in high value moves and distribution network. Terms not disclosed. no layoffs planned. STI revenue projected above 250 million this year.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Fort Wayne
Ind
Brooke Willey
CRST
STI
Andrew Hadland
Crst International
ADM to buy GrainCorp in 3.4 billion Australian deal
Archer Daniels Midland plans to acquire GrainCorp, an Australia based grain processor, for 3.4 billion Australian dollars. ADM currently holds 19.8 percent and offers 12.20 Australian dollars per share with a 50.1 percent minimum acceptance. The deal hinges on regulatory approval by December 31 and potential rival bids. GrainCorp handles a large share of eastern Australia’s grain output and exports.
MENTIONED IN THIS ARTICLE
Decatur
Ill
Archer Daniels Midland
U.S
GrainCorp
Sydney
Australia
ADM
Patricia Woertz
Middle East
Africa
Asia
Cedar Rapids
Buffett urges men to boost women's role in business
Warren Buffett argues in Fortune that fully employing all talents benefits America and personal self interest. He cites Sheryl Sandberg's Lean In and notes underutilized female productivity while Berkshire Hathaway prepares to elect Meryl Witmer to its 13 member board and address diversity concerns.
MENTIONED IN THIS ARTICLE
Buffett
America
Warren Buffett
Berkshire Hathaway
Fortune Magazine
Facebook
Sheryl] Sandberg
Berkshire
Omaha
Neb
New York
Meryl Witmer
Witmer
Calvert Investments
Calvert
Reuters
Microsoft
Bill Gates
Americans' optimism rises as jobless claims fall
Consumer sentiment climbs to the strongest level in over five years while unemployment benefits decline by 18,000 to 324,000 for the week ending April 27, signaling a still-growing economy. Wealth effects lift high earners, yet lower income groups remain weak as tax changes curb spending.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
Washington, D.C
Dean
Maki
Barclays
New York
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Allied van
Kiran Sood
the Gazette
Kiran
Sourcemedia.net
Grain Adm
Xiran
Sood
Cere
Bloomberg News
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