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.
Freescale Semiconductor Names New President and CEO
Freescale Semiconductor on Tuesday named former Texas Instruments executive Gregg A. Lowe its new chief executive and president.
Microsoft Surface Tablet Promising, But Risks Remain
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.
Report: Carlyle, BC Partners Top Suitors for United Tech Unit
Private equity groups the Carlyle Group and BC Partners are reportedly in late-stage talks to buy the industrial divisions of United Technologies.
Whirlpool Reports 2Q Sales Slowdown, Shares Tumble
Shares of Whirlpool declined by about 6% Tuesday morning after the washing machine manufacturer failed to show top-line growth during the second quarter.
DuPont's 2Q Net Tops Views, Revenue Disappoints
DuPont beat the Street on Tuesday with a 3.2% decline in second-quarter earnings, but the manufacturing giant’s sales grew less than expected and it issued a cautious outlook on the rest of the year.
Broad Growth Carries DuPont to 3Q Beat
DuPont's 3Q profit beat analysts' estimates due to strong performance in its businesses that make solar panel parts and bullet proof vests.
Report: KKR Close to $1B Deal for Crosby Group
Private equity titan KKR is reportedly close to a $1 billion deal for Crosby Group, which makes products used in energy and construction.
United Technolgies' Sikorsky Cancels Furloughs
Sikorsky Aircraft, a division of United Technologies canceled furloughs that had been scheduled for Monday, due to the U.S. government shutdown. • LMT Scales Back Furloughs
Packaging Corp. Offers to Pay $1.28B for Boise
Packaging Corp. agreed to buy Boise for roughly $1.28B, a move expanding the company’s footprint in packaging and paper products.
Packaging Corp. Offers to Pay $1.28B for Boise
Packaging Corp. agreed to buy Boise for roughly $1.28B, a move expanding the company’s footprint in packaging and paper products.
Koch Industries Expands Empire With $7.2B Buyout of Molex
The $38.50-a-share deal for the two companies represents a 42% premium to the average closing price Friday of Molex's two classes of stock.
Whirlpool to Buy Majority Stake in Chinese Rival
Whirlpool agreed to purchase a majority stake in Chinese home-appliance maker Hefei Rongshida Sanyo Electric for $555.4 million.
Campbell Soup Nears Deal to Unload European Businesses to CVC
Campbell Soup said it entered into exclusive negotiations with private-equity firm CVC Capital over selling some of the soup maker’s European businesses.
DuPont Posts 12% 2Q Profit Drop, Seeks Asset Sale
The No. 1 U.S. chemical maker suffered profit and revenue drops and revealed plans to possibly sell its performance-chemicals arm.
FedEx Beats Street in 4Q But Warns of Challenges
The shipping giant reported mixed fourth-quarter earnings but warned of near-term challenges.











