The shares of Brentwood-based KV Pharmaceutical have risen so sharply since June 9 that the New York Stock Exchange has contacted the troubled firm about the unusual trading activity.

It’s unclear what’s causing the steep increase and the company has a policy about not commenting…

Covidien’s Mallinckrodt Inc. unit based in Hazelwood has acquired the licensing rights to Exalgo, an extended release formulation of hydromorphone, from a unit of Neuromed Pharmaceuticals Ltd.

Exalgo, an opioid analgesic, is awaiting Food and Drug Administration approval. Financial terms of the deal…

St. Louis-based electric utility AmerenUE has taken plenty of public whippings for storm-related power outages in recent years. So it is noteworthy that the Public Service Commission staff had only good things to say about the utility’s response to the late-January ice…

Missouri lawyers seem to be getting better at fending off legal malpractice claims.  The state Department of Insurance says successful malpractice claims against lawyers last year were 20 percent below the 10-year average for such claims. 

At issue are claims that clients bring…

Former Cardinal Ozzie Smith will appear Tuesday (June 16) at two “meet n greets” sponsored by Bank of America.  Smith will be at the bank’s Westport Plaza office at 2200 Westport Plaza Drive from 11 a.m. to noon, and the Creve…

Benefit Plans Plus and Qualified Plan Services say they have merged to form the second-largest locally-owned firm providing third-party administration for company retirement plans.

The combined firm will operate under the Benefit Plans Plus brand and have offices in St. Louis and Highland.

The firm administers 401k,…

General Motors Corp. plans to cut 38 Missouri dealerships and 66 Illinois ones from its ranks, according to a list released today by a U.S. House subcommittee. It did not identify the names of individual dealerships.

The list gives the number…

Now that Italian automaker Fiat is the owner of most of Chrysler LLC’s assets, several of Chrysler’s executives received job promotions with the newly formed company.

Fiat and Chrysler closed a deal today to transfer assets to a new company called…

General Motors Corp. plans to cut loose up to 450 more dealers, beyond the 1,124 dealerships it notified two weeks ago, trade publication Automotive News reported. It cited two sources familiar with GM’s strategy.

GM sales chief Mark LaNeve said the…

Areva EPR

It’s been a month since AmerenUE declared that it was suspending plans to build a second nuclear plant in Missouri after efforts to repeal the state’s ban on construction work in progress (CWIP) failed.

Backers of the legislation said Missourians missed…