Industrials

A day after Commercial Metals rejected his offer, billionaire investor Carl Icahn went hostile with his bid to buy the metals recycler.

The diversified manufacturer said Monday it will deliver eight Velaro RUS high-speed trains, which can travel up to 155 miles per hour, to Russia’s railway operator RZD starting in 2014.

Eight million people got e-mails from the New York Times offering a special discount to keep their subscription to the paper. The only trouble is the message was only meant for 300 subscribers. 

Navistar reported a fourth-quarter profit that widely beat expectations on Monday.

Profits at General Mills shrank by a steeper-than-expected 28% in its fiscal second quarter as the food company grappled with rising prices.

ConAgra said that its second-quarter profit surpass estimates on strong commercial food sales.

The operator of Carnival Cruise Lines, Holland America and Princess Cruises said that in the last few weeks, 2012 bookings have kept rising but are fetching lower prices than before.

General Electric said it is raising its quarterly dividend by 2 cents a share, marking the fourth time the conglomerate has boosted the payout since July 2010.

DuPont cut its full-year earnings outlook on Friday, citing weakness in several key economic sectors.

The Institute for Supply Management Manufacturing PMI gauge rose to 52.7 in November from 50.8 in October, topping estimates of 51.5 and marking its strongest level since June.

Monsanto posted stronger-than-expected quarterly results but also announced plans to restate figures from prior periods.

Alcoa got the third-quarter earnings season off to a mixed start after the bell, posting earnings that were well short of views, while revenue beat expectations. 

General Electric CEO Jeff Immelt said Wednesday that the economy is recovering, but at a long, slow pace.

PepsiCo revealed a 4.1% bump in third-quarter profits as stronger-than-expected sales helped the beverage and snack giant narrowly surpass forecasts.

By Lucia Mutikani

Ford said it grew its domestic sales by nearly 9% in September amid demand for the auto maker's SUVs and trucks.

Diversified manufacturer 3M disclosed on Tuesday an unexpected 1.6% decline in third-quarter profits amid the slowing European economy, triggering a 6% dive in the Post-It maker’s stock.

The world's largest soft-drink maker reported a net income of $2.22 billion, or 95 cents per share, in the third quarter.

United Technologies disclosed third-quarter results that exceeded Wall Street's expectations, prompting it to hike its full-year guidance.

McDonald’s beat the Street as rising same-store sales fueled a stronger-than-expected 8.6% rise in third-quarter profits.