Citing Soft Demand, DuPont Slashes '11 Forecast
DuPont cut its full-year earnings outlook on Friday, citing weakness in several key economic sectors.
U.S. Manufacturing Activity Rises at Fastest Pace Since June
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 Narrows 4Q Loss, Reveals Restatement of Results
Monsanto posted stronger-than-expected quarterly results but also announced plans to restate figures from prior periods.
Alcoa Posts Mixed 3Q Results, Shares Fall
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.
GE's Immelt: Recovery 'Slower Than We'd Like'
General Electric CEO Jeff Immelt said Wednesday that the economy is recovering, but at a long, slow pace.
Boosted by Emerging Market Sales, Pepsi Net Rises 4.1%
PepsiCo revealed a 4.1% bump in third-quarter profits as stronger-than-expected sales helped the beverage and snack giant narrowly surpass forecasts.
So many U.S. manufacturing jobs, so few skilled workers
By Lucia Mutikani
Ford Sales Jump on Strong SUV, Truck Demand
Ford said it grew its domestic sales by nearly 9% in September amid demand for the auto maker's SUVs and trucks.
3M Shares Dive on 3Q Earnings Dud, Lowered Guidance
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.
Broad Volume Growth Lifts Coca-Cola's 3Q Net by 8.1%
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' 3Q Surpasses Views; Raises '11 EPS Outlook
United Technologies disclosed third-quarter results that exceeded Wall Street's expectations, prompting it to hike its full-year guidance.
Sales Growth Sends McDonald's to 3Q EPS Beat
McDonald’s beat the Street as rising same-store sales fueled a stronger-than-expected 8.6% rise in third-quarter profits.
Smucker to Buy Most of Sara Lee's North American Coffee Unit
Sara Lee plans to sell the majority of its North American foodservice coffee business to J.M. Smucker for $350 million.
BHP to incorporate Olympic Dam conditions into final assessment
It also said it plans to incorporate environmental safeguards imposed by government regulators into its final assessment of the project, which analysts estimate will cost between $20 billion and $30 billion to develop.
CORRECTED: ClearBridge Energy Among US Stocks Hitting 52-Week Lows Friday
Contrary to a report Friday, Kinder Morgan Inc. (KMI) did not hit a 52-week low during NYSE trading on Friday, Oct. 28. The owner and operator of energy infrastructure opened at $29.26 a share and reached an intra-day low of $28.50 before closing the trading session at $29.10 a share.
Applied Materials Reports 4Q Beat, 1Q View Disappoints
Applied Materials weighed in with fiscal fourth-quarter earnings that beat estimates, but issued less-than-impressive fiscal first-quarter guidance.
Breakup in the Works? PepsiCo Board Divided Over Splitting Up Company
The board of directors at PepsiCo is sharply divided over whether or not the company should break up its snack and beverage divisions, according to a published report.
Tyco 4Q Profit Grows 44%, Separation Plan on Track
The diversified manufacturer posted net income from continuing operations of $392 million, or 83 cents a share, compared with $273 million, or 55 cents a share, in the same quarter last year.
Caterpillar to Open Plant in North America, Bid for China's ERA Mining
Caterpillar plans to open a new manufacturing facility in North America and hire more than 1,000 workers, as it shifts production from Japan and moves closer to core tractor and excavator customers.
GM Elects Former Wal-Mart Exec Schoewe to Board
General Motors said Tuesday it has elected Thomas Schoewe, a former executive vice president and chief financial officer of Wal-Mart, to the car company’s board of directors.








