Retail sales seen rising in July
By Dhanya Skariachan
Glencore H1 profit up 50 percent, meets forecasts
LONDON (Reuters) - Commodities trader Glencore met forecasts with a 50 percent rise in first-half profit thanks to rising commodity prices and rosy oil trading conditions in the first months of the year, and said it remained optimistic on global growth.
Profits Rise 16% at Comcast as NBC, Cable Outperform
Comcast posted a 16% rise in second-quarter profits as the cable giant capitalized on strength in its cable and NBC Universal businesses.
Irene Could Lift Machinery and Engineering Shares
Heavy equipment makers and rental companies could benefit from reconstruction efforts after Irene damaged roads and other infrastructure up and down the East Coast.
Toll Bros. 3Q Net Climbs 54%; New Orders, Revenue Disappoint
Battling the anemic housing market, home builder Toll Brothers (NYSE:TOL) revealed a 54% leap in fiscal third-quarter profits on Wednesday, but tepid new orders and steeper-than-expected revenue declines.
Qantas overhauls with $9 bln fleet order, 2 new airlines
* Premium Asia airline and Japan-based budget carrier planned
Stop coddling the super-rich: Buffett
(Reuters) - Billionaire Warren Buffett urged U.S. lawmakers to raise taxes on the country's super-rich to help cut the budget deficit, saying such a move will not hurt investments.
General Electric Sells Stake in SeaCo for $500M
GE will sell its stake in GE SeaCo to Chinas HNA Group and Bravia Capital in a deal valued at $1.05 billion.
China IPOs slow in H1
By Ai Peng Soo
Boeing mulling new supplier system in case of natural disaster
TOKYO (Reuters) - Boeing said on Monday it is considering building a new supplier system to minimize the impact of natural disasters on its operations, after a massive earthquake in Japan hurt production of the aerospace and defense firm's long-delayed 787 Dreamliner aircraft.
As copper soars, thieves extract a price
By Paula Rogo
EasyJet founder wants investor vote on Airbus deal
By Rhys Jones
As GE's sales leave U.S., big manufacturing stays
By Scott Malone
Icahn Raises Clorox Offer to $80 a Share
Billionaire investor Carl Icahn raised his offer for the household products maker to $80 a share from $76.50 after the company rejected his previous offer.
Textron Flies Higher After Topping Estimates
Textron beat the Street with its second-quarter profits and reaffirmed its full-year guidance.
Ecolab Scoops Up Nalco for $5.4 Billion
Nalco Holding reached a $5.4 billion deal to be acquired by Ecolab.
Berkshire's Munger stands behind BYD investment
By Mary Slosson
GE moving top X-ray executives to China
The move reflects GE's overall drive to shift more of its top executives -- including Vice Chairman John Rice, who this year relocated to Hong Kong -- closer to fast-growing Asian markets.
Caterpillar's 2Q Profit Jumps 44%, But Misses Expectations
The machinery maker reported a higher profit but missed the Street's estimates and raised its full-year earnings outlook.
Alcoa 2Q Net Misses Views, Sales Better Than Expected
Alcoa kicked off the earnings season with mixed second-quarter numbers.