Industrials

Steinway Musical Instruments Inc., the 160-year-old piano maker going private in a $438 million deal with Kohlberg & Co., still faces daunting competition from...itself.

The liquor and wine maker reported first-quarter earnings that came in lower than expected, tumbling 27% amid restructuring costs that overshadowed stronger sales.

Caterpillar’s construction and mining equipment continued to face sales headwinds in North America, posting a 9% drop globally in April.

The sale was one of two divestitures required by U.S. regulators after United Technologies made a $18.4 billion deal to acquire airplane parts manufacturer Goodrich.

The sale was one of two divestitures required by U.S. regulators after United Technologies made a $18.4 billion deal to acquire airplane parts manufacturer Goodrich.

Kicking off earnings season on a mixed note, aluminum maker Alcoa revealed an in-line adjusted fourth-quarter profit but stronger-than-anticipated revenue.

United Technologies disclosed merger talks with fellow aerospace component supplier Honeywell International but said a deal would "face insurmountable regulatory obstacles."

Boeing's top executive reaffirmed on Wednesday the company's outlook for strong growth and cash flow over the next five years.

Indonesia's mining ministry on Tuesday recommended that Freeport McMoRan receive a new six-month copper export permit, potentially ending a near two-week stoppage after the previous permit expired last month.

Avon reported a bigger-than-expected drop in quarterly sales as demand for its cosmetics declined further in Latin America, its biggest market.

Goodyear Tire & Rubber Co. reported a better-than-expected quarterly profit, helped by higher sales volume and lower raw material costs.

China's state-owned ChemChina will make an agreed $43 billion bid for Swiss seeds and pesticides group Syngenta, marking the largest ever overseas acquisition by a Chinese firm

Starbucks opened the first store in its new Evolution Fresh juice bar chain on Monday in an upscale shopping area in Bellevue, Washington.

Union Pacific’s chairman James Young will take a medical leave of absence from his chief executive duties while he is treated for recently diagnosed pancreatic cancer.  

AK Steel will likely swing to a second-quarter profit from a loss last period, but said the market still remains very volatile and uncertain, especially in the near term.

Freescale Semiconductor on Tuesday named former Texas Instruments executive Gregg A. Lowe its new chief executive and president.

Microsoft's new Surface tablet looks promising, but many questions need to be answered before it can be considered a rival to Apple's iPad, analysts say.

Private equity groups the Carlyle Group and BC Partners are reportedly in late-stage talks to buy the industrial divisions of United Technologies.

Shares of Whirlpool declined by about 6% Tuesday morning after the washing machine manufacturer failed to show top-line growth during the second quarter.