UMSL to acquire Quincy Public Radio Station
The University of Missouri?St. Louis is acquiring Quincy University?s public radio station WQUB 90.3 FM in Quincy, Ill., St. Louis Public Radio officials said today. The sale of WQUB is expected to be completed in the next three to four months, at which point, St. Louis Public Radio, 90.7 KWMU, will handle operations and programming of the station. Financial terms of the deal were not disclosed. As part of the St. Louis Public Radio network, WQUB will be called Quincy Public Radio.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=XobODV-4DvA:qwf_AxDtrdo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=XobODV-4DvA:qwf_AxDtrdo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
Peabody Energy leases 402 million tons of coal in Wyoming
<img src='http://assets.bizjournals.com/tampabay/CoalTrainPromo*100.jpg?v=1'>Peabody Energy Corp. announced today the lease of 402 million tons of ultra low sulfur coal reserves adjacent to its North Antelope Rochelle Mine (NARM) in the Southern Powder River Basin of Wyoming. The company bid $1.11 per mineable ton for control of the South Porcupine reserve area. The bid was conducted through a sealed bid auction process. Peabody plans to incorporate the 5 square-mile block into its mine plan, following a permitting process. The South Porcupine tract adjacent to NARM was...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=yJhBZ3HESf8:uY7kvvt0I14:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=yJhBZ3HESf8:uY7kvvt0I14:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
Antitrust review ends for Viasystems? acquisition of DDi
<img src='http://assets.bizjournals.com/stlouis/news/Sindelar,DavidPromo2011*100.jpg?v=1'>Officials from Viasystems Group Inc. and DDi Corp. said today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating to the previously announced acquisition of DDi by Viasystems has expired without a request for more information by the U.S. Department of Justice or the Federal Trade Commission. The transaction still requires approval by DDi?s stockholders, and the companies expect the transaction to close by May 31. Viasystems Group Inc. agreed to acquire...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=nmnVmh-Biqg:q1wZAI0whdY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=nmnVmh-Biqg:q1wZAI0whdY:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
Gateway Classic Cars to open Chicago location June 1
<img src='http://assets.bizjournals.com/stlouis/news/GoldMustangWeb*100.jpg?v=1'>Officials from Fairmont City, Ill.-based Gateway Classic Cars said today that the company is opening a location in the Chicago market. The company has operated a showroom in Fairmont City since 1999. It opened a location in Louisville, Ky., in August, and it will be opening a 45,000 square-foot facility Tinley Park, Ill., next month and hiring two new employees for that location this year. The company, which had $5.5 million in revenue last year, is investing $209,000 in start-up costs for the...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=kryyoQoFmvo:FsuqDZPD0-s:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=kryyoQoFmvo:FsuqDZPD0-s:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=kryyoQoFmvo:FsuqDZPD0-s:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=kryyoQoFmvo:FsuqDZPD0-s:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=kryyoQoFmvo:FsuqDZPD0-s:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=kryyoQoFmvo:FsuqDZPD0-s:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
OUTTAKES: May 18
<img src='http://assets.bizjournals.com/stlouis/blog/MatejkaCheryl*100.jpg?v=1'>Who knew hanging out with CFOs could be so much fun and so interesting! That?s Business Journal Brian Cassidy?s takeaway this week. Cassidy got some great shots of our CFO Award winners and finalists and along the way discovered he lives in CFO Award winner Steve Appelbaum?s old house in Kirkwood. It?s a small world, indeed. Click the photo on the right to see Appelbaum?s picture and more.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=En39SK2QZwU:ImMSjqbCRv0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=En39SK2QZwU:ImMSjqbCRv0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
Miriam Foundation establishes Cornelsen Diagnostic Center
<img src='http://assets.bizjournals.com/stlouis/news/MiriamFoundationJoeZapf_Web*100.jpg?v=1'>A $100,000 grant by the Cornelsen Family Charitable Foundation has established the Cornelsen Diagnostic Center, which will be part of the Miriam Learning Center, Miriam Foundation officials said today. The diagnostic center will provide free and reduced-cost assessment services for children who do not qualify for testing in the school setting and have limited resources to access private assessment services. The Cornelsen Family Charitable Foundation is providing $25,000 for the next four years...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=NcPC-CiyOBs:1XkqsGnafzE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=NcPC-CiyOBs:1XkqsGnafzE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
Barnes-Jewish to refund $725,185 to Wisconsin Physician Services
<img src='http://assets.bizjournals.com/stlouis/print-edition/Liekweg,Richard--Prime__web*100.jpg?v=1'>Barnes-Jewish Hospital overbilled Medicare for 58 claims between 2008 and 2011, resulting in an overpayment of $725,185, according to a report from the Department of Health and Human Services. The hospital is refunding the amount of the overpayment to the Medicare contractor involved, Wisconsin Physician Services, as recommended by the HHS report. The HHS? Office of the Inspector General conducted an audit of Medicare payments made to Barnes-Jewish in 2009 and 2010, specifically looking at $5.6...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=e6Lz9zSnJro:UDusbxtayHg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=e6Lz9zSnJro:UDusbxtayHg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
MC Industrial opens office in Indiana
<img src='http://assets.bizjournals.com/stlouis/news/indianalr*100.jpg?v=1'>St. Louis-based MC Industrial, a national construction firm, has opened a 4,300-square-foot office in Portage, Ind. in the northwest region of the state. MC Industrial will focus on serving metals, petrochemical, power, steel and other industrial markets and clients in the region. ?Northwest Indiana is a thriving industrial construction hub,? MC Industrial President Tom Felton said in a statement. ?The time is right for us to establish a solid, more permanent presence in the region, both...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ixSCpHw0imQ:lWsGRt-_5UU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ixSCpHw0imQ:lWsGRt-_5UU:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
Brown Shoe Q1 profit drops 54 percent
<img src='http://assets.bizjournals.com/stlouis/sullivan,dianePromo2012*100.jpg?v=1'>Brown Shoe Co. Inc. today reported net earnings of $1.7 million for the quarter ended April 28, down 54 percent from $3.7 million during the same quarter in 2011. The drop in profit was primarily due to higher markdowns at both the wholesale and retail level, the company said in a statement. Brown reported net sales of $626.4 million for the quarter, an increase of 1 percent from $619.6 million during the same quarter last year. Improved weather, both on a quarterly sequential and year-over-year...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=SJ0bt3Mn_fQ:zf_VkH5-hvc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=SJ0bt3Mn_fQ:zf_VkH5-hvc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>
Monsanto commits $50 million to African agricultural growth
Monsanto Co. said today the company is committing $50 million over the next 10 years to support sustained Africa agricultural development and growth. The company is supporting the New Vision for Agriculture Initiative, the Grow Africa Partnership and the G8's New Alliance for Food Security and Nutrition. Creve Coeur-based seed company Monsanto (NYSE: MON), led by Chairman, President and CEO Hugh Grant, reported a $1.6 billion profit on sales of $11.8 billion in fiscal 2011.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=j37eWQpVgtU:OzQZhC5-_Iw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=j37eWQpVgtU:OzQZhC5-_Iw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=j37eWQpVgtU:OzQZhC5-_Iw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=j37eWQpVgtU:OzQZhC5-_Iw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=j37eWQpVgtU:OzQZhC5-_Iw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=j37eWQpVgtU:OzQZhC5-_Iw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a> </div>