AP – COMPANY: Pernod Ricard SA, Paris-based drink maker known for its anise-flavored aperitifs as well as Beefeater gin and recently acquired Absolut vodka reported its full-year earnings Thursday.
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Summary Box: Pernod Ricard earnings
(AP)
AP – Del Monte Foods Co. said Thursday that its fiscal first-quarter profit edged up 1.4 percent, but revenue softened on weakness in the consumer business and the company trimmed its expectations for revenue growth this year.
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Del Monte 1Q profit edges up, but revenue slips
(AP)
AP – Enbridge Energy Partners, the company whose pipeline caused a major oil spill in the Kalamazoo River five weeks ago, said Wednesday its plan to reinforce its oil pipelines under Lake Michigan is part of a routine maintenance program.
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Enbridge wants to work on Lake Michigan pipeline
(AP)
Reuters – Genzyme Corp Chief Executive Henri Termeer said he is willing to sell the company he built up over 25 years, but not for $69 a share.
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Genzyme CEO open to sale, not at $69 a share
(Reuters)
Reuters – No client is too small for Goldman Sachs Group Inc these days, even a company with no revenue that’s owned by a hedge fund specializing in penny stocks.
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Goldman swims downstream for PetroAlgae IPO
(Reuters)
AP – Liquor company Brown-Forman Corp., whose brands include Jack Daniel’s Tennessee Whiskey and Southern Comfort, reports its first-quarter results before the stock market opens Wednesday.
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Earnings Preview: Brown-Forman
(AP)
Reuters – France’s Sanofi-Aventis on Sunday publicly disclosed its $18.5 billion, $69-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks.
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Sanofi makes $18.5 billion Genzyme offer public
(Reuters)
Reuters – French drugmaker Sanofi-Aventis has submitted a non-binding proposal to acquire U.S. biotech company Genzyme in an all-cash deal worth about $18.5 billion, it said on Sunday.
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Sanofi-Aventis makes $18.5 billion offer for Genzyme
(Reuters)
AP – Texas-based KiOR, a company with plans to produce a crude oil substitute from wood chips and other biomass, will locate its first three facilities in Mississippi.
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Texas company to build 3 biofuel plants in Miss.
(AP)
Reuters – A Japanese ruling party panel discussed currency intervention and recommended on Thursday that the government ask the Bank of Japan to take monetary policy a step further to counter a rising yen, increasing pressure on the central bank to act before its regular meeting next month.
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Japan Democrat panel wants BOJ to go step further on yen
(Reuters)
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