Anheuser-Busch's management reviewed the company's strategies and reaffirmed expectation for earnings per share growth to exceed its 7 percent to 10 percent longterm objective for the full year of 2007.
To further define the sport-fashion market, Nike Inc.'s Jordan Brand division and Levi Strauss & Co. form a collaborative partnership to create a limited number of toe-to-head fashion packages for collectors and fans of both brands.
Walgreens is installing Kiva's Mobile Fulfillment System from Kiva Systems to expand split-case picking in its Mt. Vernon, Illinois Distribution Center.
Royal Philips Electronics NV, a major player in the healthcare, lighting and consumer lifestyle markets, announced plans to buy North American luminaires company Genlyte Group Incorporated for $2.7 billion.
