09.30.2008 11:39 am
St. Louis Post-Dispatch
On a day when its stock price is pushing an all-time low, Charter Communications Inc. is giving Chief Executive Neil Smit a raise.

In a Securities and Exchange Commission filing, Town and Country-based Charter announced a new employment agreement with Smit through June 30, 2010.…
09.30.2008 10:57 am
St. Louis Post-Dispatch
Charter Communications Inc., which had more than $20 billion of long-term debt at the end of the second quarter, said it will repurchase up to $100 million in debt securities to reduce interest expenses.
The Town and Country-based cable operator, controlled by billionaire…
09.30.2008 8:59 am
St. Louis Post-Dispatch
FROM THE ASSOCIATED PRESS
Shares of Ferguson-based Emerson are expected to rise today as an analyst upgraded the electrical products manufacturer, saying it will grow because of its focus on infrastructure, energy efficiency and emerging markets.
Michael A. Schneider of Robert W.…
09.29.2008 7:07 pm
St. Louis Post-Dispatch
Patriot Coal Corp., the St. Louis-based coal producer spun off from Peabody Energy Corp. a year ago, will idle its Jupiter mining complex in West Virginia by year-end because of high costs.
The central Appalachian mining operations produced 1.5 million tons of…
09.29.2008 4:30 pm
St. Louis Post-Dispatch
Charter Communications Inc., the nation’s No. 4 cable company, said media executive Jonathan L. Dolgen resigned from its board, effective immediately.
Dolgen, formerly chairman and CEO of Viacom Entertainment Group, left for “personal reasons and to make time available for other interests,…
09.26.2008 4:44 pm
St. Louis Post-Dispatch

Peabody Energy Corp., the world’s largest private sector coal producer, is discovering that more is less when it comes to healthcare, according to this story from Bloomberg News.
The St. Louis-based company has joined Foundation Coal Holdings Inc. in combatting rising health care costs…
09.26.2008 4:41 pm
St. Louis Post-Dispatch
Some of the 250 white-collar employees Chrysler LLC is firing will be from its Fenton assembly plants, a spokesman said today.
In July, the Auburn Hills, Mich., automaker said it would cut 1,000 of its 18,500 salaried employees by Sept. 30. About three-fourths…
09.24.2008 2:45 pm
St. Louis Post-Dispatch
MEMC Electronic Materials Inc. dropped its third-quarter earnings estimate to about $520 million to $540 million because raw materials delivery decreased after Hurricane Ike, the O’Fallon, Mo.-based company said today.
Although Ike did not do any major damage to MEMC’s plant…
09.19.2008 6:05 pm
St. Louis Post-Dispatch


Just in time for the weekend: The Nuclear Regulatory Commission has posted on its Web site most of AmerenUE’s application for a Callaway 2 nuclear plant. It can be found here.
Most of the 8,000-page combined license application, or COLA as its known, is included and broken…
09.19.2008 5:23 pm
St. Louis Post-Dispatch
Analysts who speculated that the 2009 Dodge Ram 1500 would launch with incentives were right. The redesigned full-size pickup is pulling onto dealership floors and lots with incentives of up to $1,000.
Pickup buyers who complete their deals before Sept. 30…