Industrials

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.

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.

DuPont's 3Q profit beat analysts' estimates due to strong performance in its businesses that make solar panel parts and bullet proof vests.

Private equity titan KKR is reportedly close to a $1 billion deal for Crosby Group, which makes products used in energy and construction.

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. agreed to buy Boise for roughly $1.28B, a move expanding the company’s footprint in packaging and paper products.

Packaging Corp. agreed to buy Boise for roughly $1.28B, a move expanding the company’s footprint in packaging and paper products.

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 agreed to purchase a majority stake in Chinese home-appliance maker Hefei Rongshida Sanyo Electric for $555.4 million.

Campbell Soup said it entered into exclusive negotiations with private-equity firm CVC Capital over selling some of the soup maker’s European businesses.

The No. 1 U.S. chemical maker suffered profit and revenue drops and revealed plans to possibly sell its performance-chemicals arm.

The shipping giant reported mixed fourth-quarter earnings but warned of near-term challenges. 

Coca-Cola revealed better-than-expected quarterly results Tuesday, sending the blue-chip beverage company's stock zipping 5% higher.

Caterpillar disclosed a deeper-than-expected slump in sales, but the economic bellwether’s adjusted earnings easily surpassed Wall Street’s expectations.

Johnson Controls said its profit fell 17% in the first quarter and that earnings are expected to be significantly lower in the first half of 2013 compared with a year ago. 

Honeywell International, a U.S. manufacturer of aerospace parts and climate control systems, reported a 24.9 percent rise in quarterly profit, helped by lower costs.

United Parcel Service said it will drop its $7 billion bid for Dutch delivery company TNT Express on expectations of an EU veto of the deal.