Business Today: Sigma-Aldrich, Dresser-Rand among premarket actives

		Click to View in Browser 09/22/2014 Sigma-Aldrich, Dresser-Rand among premarket actives NEW YORK (Reuters) - Sigma-Aldrich shares were surging on Monday, up 34.4 percent to $137.60 after German drugs and chemicals maker Merck KGaA said on Monday it agreed to acquire Sigma-Aldrich for $17 billion in cash to boost its life science business. Apple sells record 10 million new iPhones in first three days (Reuters) - Apple Inc said it sold a record 10 million iPhones in the first weekend after its new, larger phone models went on sale in 10 countries on Friday. Chrysler recalls 230,760 SUVs globally for fuel pump issue DETROIT (Reuters) - Chrysler Group is recalling an estimated 230,760 sport utility vehicles globally to install a new part to prevent a fuel pump issue that could cause the vehicles to stall or not start. Alibaba IPO ranks as world's biggest after additional shares sold HONG KONG (Reuters) - Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares. Siemens agrees to $7.6 billion deal to buy Dresser-Rand FRANKFURT (Reuters) - Industrial conglomerate Siemens AG said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion in a move that would significantly boost the German company's oil and gas business in North America. Tesco cuts profit outlook again and suspends staff after accounting error LONDON (Reuters) - Tesco cut its profit forecast for the third time in two months on Monday and suspended four members of staff after finding a major fault in its accounts, dealing another blow to the reputation of the world's third biggest retailer. Merck KGaA to buy Sigma-Aldrich for $17 billion FRANKFURT (Reuters) - Drugs and chemicals maker Merck KGaA said it agreed to acquire Sigma-Aldrich for $17 billion in cash to boost its Merck Millipore lab supplies business in the biggest takeover in the German group's history, lifting its shares. Air France offers to postpone low-cost project to end strike PARIS (Reuters) - The head of Air France-KLM offered on Monday to postpone roll-out of its European low-cost operation until the end of the year in a bid to end a week-long pilots' strike costing it millions of euros a day. After China, GlaxoSmithKline faces pressure for change LONDON (Reuters) - GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million fine in China, but the drugmaker has its work cut out to win back skeptical investors. Airbus sales chief cautious on jet output increases ISTANBUL (Reuters) - Airbus adopted a cautious stance on aircraft output on Monday, telling the airline and leasing industry that it would examine supply chain and other conditions before deciding further increases in output of its popular A320 narrowbody series. Related Video Islamic State is the tip of the iceberg: Paddy Ashdown Iran: Out of the cold and into the heat? Economic News Obama tries Reagan touch on economy, but wages weigh Bundesbank says German economy robust but cautions on August A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend