Israel Business News

Green Mountain Coffee Roasters Inc. definitively agreed to acquire Diedrich Coffee Inc., the Irvine, Calif., coffee roaster for $35 a share cash, or $290 million. In statements, the companies said that Green Mountain paid Peet's Coffee & Tea Inc. a...

For 40 years, the North American electric system has operated as three loosely linked grids, but a new transmission company is aiming to unite them. That union, if consummated, could have strong implications for renewable energy. The company, Tres Amigas...

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video,...

Watson Pharmaceuticals Inc posted lower net income on Wednesday, as the generic drugmaker added spending to launch two brand-name medicines and saw lower revenue from its distribution unit. Net income fell to $63 million, or 55 cents per share, from...

Human Genome Sciences said early Monday that its experimental drug to treat lupus was effective in its second big clinical trial, raising the chances that the first new treatment for the disease in more than 40 years will make it...

This copy is for your personal, non-commercial use only...ING Groep NV, on the verge of a planned split-up mandated by the European Union in return for it receiving state aid, said Wednesday that it swung to a third-quarter net profit....

Its stock has been somewhat volatile in the past few months, but it sprang to life recently after it beat Wall Street's third-quarter expectations, despite lower year-over-year earnings and revenue. Its domestic home robot sales saw weakness in the quarter,...

ABB Ltd Thursday reported a 12% rise in third-quarter net profit on the back of reserve releases, but said due to weak demand from industrial manufacturers and construction firms the outlook for the remainder of the year and 2010 remains...

If successful, the deal would be the second made by Murdoch, the elder son of Rupert Murdoch , in two weeks. Last week his investment vehicle Illyria bought a 40% stake in the Daily Mail & General Trust's Australian radio...