Industrials

Caterpillar's 4Q EPS Beats Despite Charges

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

Honeywell Profit Rises 24.9% as Costs Fall

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.

S&P to Release Eurozone Ratings Report in January

After warning that it may carry out a mass downgrade of credit ratings of eurozone countries, the ratings firm will reportedly release its ratings for 15 eurozone countries next year. 

Fill 'Er Up With Quiznos

Quiznos CEO Greg MacDonald says the latest wave of gas station eateries has less to do with the economy and more to do with Americans' increasing lack of time.

Vulcan Materials Calls Martin Marietta Bid 'Opportunistic'

Vulcan's chief executive, Donald James, said the offer “does not come close” to appropriately compensating shareholders and is actually disadvantageous to stockholders since it takes advantage of cyclical lows.

Monsanto Ups 1Q View on Latin American Results

Encouraged by bullish results from its Latin American segment, seed giant Monsanto raised its fiscal first-quarter guidance on Wednesday above Wall Street’s expectations and reaffirmed its full-year forecast.

3M Affirms Outlook, Predicts Stronger 2012

The St. Paul, Minn.-based diversified manufacturer said it expects to earn $5.85 to $5.95 a share in fiscal 2011, which is in-line with average analyst estimates of $5.91, according to a Thomson Reuters poll.