Philip Morris Inks $625M Deal to Increase Exposure to Algeria
The $625 million deal is a bid to boost exposure in emerging markets, and gives the cigarette maker a 25% stake in an Algerian joint venture.
Atlas Copco Scoops Up U.K.'s Edwards Group for Up to $1.2B
The buyout comes just 15 months after the British vacuum pump maker's IPO.
UPS Cargo Plane Crashes in Alabama
A large UPS cargo plane crashed near Birmingham, Ala. early Wednesday morning, killing both the pilot and co-pilot.
Mosaic's 4Q Net Slips 4.2% as Prices Dip
U.S. fertilizer company Mosaic reported a lower quarterly profit as phosphate and potash prices slipped.
The Music Never Stops for Steinway
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.
Constellation Profits Miss Street Views
The liquor and wine maker reported first-quarter earnings that came in lower than expected, tumbling 27% amid restructuring costs that overshadowed stronger sales.
Sales of Caterpillar Equipment Remain Sluggish
Caterpillar’s construction and mining equipment continued to face sales headwinds in North America, posting a 9% drop globally in April.
United Technologies Completes Sale of Goodrich Unit
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.
United Technologies Completes Sale of Goodrich Unit
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.
Alcoa Swings to 4Q Profit; Sales Surpass Forecasts
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 Tech Says a Honeywell Deal Would Face Major Challenges
United Technologies disclosed merger talks with fellow aerospace component supplier Honeywell International but said a deal would "face insurmountable regulatory obstacles."
Hold Off on Buying Facebook
The averages are moving sideways until the market can figure out if it’s really Bear or Bull. Plus, we look at Deere and Facebook.
Boeing CEO: No Downturn in Commercial Airplane Cycle
Boeing's top executive reaffirmed on Wednesday the company's outlook for strong growth and cash flow over the next five years.
Indonesia Mines Ministry Backs New Freeport Copper Export Permit
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 Sales Fall for 16th Straight Quarter as Latam Demand Slumps
Avon reported a bigger-than-expected drop in quarterly sales as demand for its cosmetics declined further in Latin America, its biggest market.
Goodyear Profit Beats on Higher Sales Volume, Lower Costs
Goodyear Tire & Rubber Co. reported a better-than-expected quarterly profit, helped by higher sales volume and lower raw material costs.
ChemChina Makes $43B Agreed Bid for Syngenta
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 Opens its First Juice Bar
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 CEO to Take Medical Absence for Cancer Treatment
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 Shares Fall on Cautious Outlook
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.














