Industrials

By Dhanya Skariachan

Shares of Jabil Circuit leaped more than 9% Wednesday morning as Wall Street applauds the electronics contractor’s 95% surge in fiscal fourth-quarter profits and bullish projections for the current quarter.

By Mariko Katsumura and Natalia Konstantinovskaya

Criticizing the U.S. political environment and tax structure, Coca-Cola CEO Muhtar Kent said he believes China, Russia and Brazil are better places to invest these days.

(Reuters) - Warren Buffett's conglomerate Berkshire Hathaway said on Monday it will launch a share buyback program, an extremely rare move from Buffett that comes after months of investor complaints the stock was undervalued.

BERLIN (Reuters) - The deteriorating outlook for the world economy, and what retailers can do to cope, are likely to be the dominant themes at the annual World Retail Congress in Berlin this week.

A spokesman for Dunkin' Brands Group said it was mutually agreed that the position was 'not a good fit' for Neal Yanofsky or the company.

Anglo American is reportedly mulling a $120-a-share buyout of U.S. coal miner Walter Energy. 

(Reuters) - The U.S. Securities and Exchange Commission has asked companies like Dow Chemicals , Fortune Brands , Caterpillar and CIT Group to disclose the amount of cash they hold offshore, the Financial Times reported.

CALGARY, Alberta (Reuters) - Caterpillar Inc is struggling to add skilled workers in its manufacturing operations despite high U.S. unemployment levels that have forced President Barack Obama to take extraordinary measures, the company's chief executive said on Friday.

(Adds CFO comments, share repurchase and EPS view)

Temple-Inland agreed to a sweetened $3.48 billion deal to be sold to larger rival International Paper.

By Chuck Mikolajczak

(Adds detail, background)

The delay was because of General Electric Co engines not meeting performance guarantees, said Qatar Airways CEO Akbar Al Baker at an unrelated event at Boeing's plant in Everett, Washington, north of Seattle, rather than any issue with Boeing.

Improving sales led the drugstore operator to a smaller quarterly loss and the company said it expects a narrower loss for the full year.

By Susan Thomas and Christopher Jungstedt

LE BOURGET, France, June 19 (Reuters) - Boeing Co's 747-8 Intercontinental, the new elongated passenger version of its legendary jumbo jet, made its international debut on Sunday, under cloudy skies after a half-hour delay due to wind.

General Mills' board of directors declared a 9% annual dividend increase on Tuesday after the market closed.

Caterpillar Inc. (NYSE:CAT) announced today the election of David L. Calhoun and Dennis A. Muilenburg to its Board of Directors.