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.
Coca-Cola 1Q Profit Tops Expectations as Global Volumes Grow
Coca-Cola revealed better-than-expected quarterly results Tuesday, sending the blue-chip beverage company's stock zipping 5% higher.
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.
Johnson Controls Profit Slumps 17%, EPS Outlook Grim
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 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.
UPS Yanks $7B Bid for TNT as EU Plans to Veto Deal
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.
UPS Yanks $7B Bid for TNT as EU Plans to Veto Deal
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.
INSIGHT-Stem cell therapy poised to come in from the cold=2
be sold with the ease and scale of a traditional pharmaceutical. Cells are taken from a single donor, expanded, frozen and shipped for use in thousands of people.
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.
Joy Global Predicts Sluggish Demand in 2012
Joe Global improves its fourth-quarter profit but predicts continued slowdown in 2012.
3M Offers Early Retirement Incentives to 4,900 Employees
In an attempt to control costs, 3M said it is offering early retirement incentives to 4,900 employees and expects about 15% to participate in the program.
Coca-Cola Buys Stake in Saudi Beverage Company for $980M
In a bid to expand its presence in the Middle East, Coca-Cola acquired about half of the equity in the beverage business of Aujan Industries for $980 million.
Cold Cash: Lockheed Reaches $2B Antarctica Deal
Defense contractor Lockheed Martin inked a multiyear deal on Wednesday worth as much as $2 billion to operate the U.S. Antarctic Program.
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.
Icahn Sends Open Letter to Commercial Metals Holders
Icahn, who runs investment firm Icahn Enterprises, says he does not wish to remain a minority holder in Commercial Metals if it continues to run under the current board.
Solid Holiday Sales Drive Cal-Maine Foods 2Q EPS Beat
Cal-Maine Foods beat the Street on Tuesday by posting a 53% leap in fiscal second-quarter profits.
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.
United Rentals, RSC Holdings Join Forces in $1.87B Deal
Equipment rental company United Rentals revealed plans on Friday to scoop up rival RSC Holdings in a $1.87 billion cash-and-stock deal that is aimed at combining forces and creating synergies.










