Wednesday, March 7, 2007

Perrigo Co. buys lice-treatment maker (Smoothie maker blender)

Perrigo Co., the biggest U.S. maker of non-prescription, store-branded medicines, agreed to buy Iowa-based Qualis Inc., a privately owned manufacturer of lice and scabies treatments, for $12 million in cash, Bloomberg News reported today.
Health care products maker Perrigo Co. said Wednesday it agreed to acquire privately held Qualis Inc. for $12 million cash.
Funds announce proxy battle to gain control of video-game maker.
GAMES PUBLISHER Activision announced its intention to buy upDemonware, a Dublin based games maker.
March 7 (Bloomberg) -- Adidas AG, the world's second-largest sporting-goods maker, reported fourth-quarter profit that missed analysts' estimates and said orders for its Reebok brand fell.
Cell phone maker's research partnership with university will focus primarily on nanotechnology.
The Swiss drug maker was one of many pharmaceuticals moving on a slew of drug news coming out Tuesday.
Shares of networking equipment maker Finisar Corp. inched up on Tuesday even as it posted third-quarter sales below expectations and said fourth-quarter sales may fall short, too.