Wholesale Inflation Rises 0.3% in July
Producer prices increased in July at the fastest pace in five months. The increase was driven by gains in consumer goods although falling energy prices pointed to muted inflation pressures.
Business Inventories Increase 0.1% to $1.58T
Business inventories rose despite sales at companies falling the most in over three years.
Isaac Strengthens to Hurricane Status
Tropical Storm Isaac strengthened to become a Category 1 hurricane with winds of 75 mph as it looks to strike New Orleans almost seven years after Hurricane Katrina.
John Deere 3Q Profit Falls Short on Drought Woes, Slow International Sales
Shares of the world's largest agricultural equipment maker are falling after the company reported weaker-than-expected earnings.
Eli Lilly Boosts 2012 Net Profit Forecast
The pharmaceutical company now expects net earnings per share to range between $3.72 and $3.82.
CF Industries 2Q Net Misses Wall Street's Estimates
The fertilizer producer reported a lower-than-expected profit, suffering falling demand after an aggressive spring planting season.
Altria Offers to Buy Back $2B Worth of Debt, Lowers Guidance
The cigarette manufacturer lowered its reported fiscal 2012 earnings forecast citing one-time charges related to a plan to buy back as much as $2 billion of its long-term debt.
Chrysler to Use New 3-D Modeling to Cut Transmission Production Costs
The automaker will employ a new manufacturing process to make transmissions at its Indiana plant that will save costs and be replicated in its other plants down the road.
Burger King's 2Q Net Climbs 60%, Beats Expectations
In its first earnings report since returning to the public markets, Burger King Worldwide revealed a 60% leap in second-quarter profits as the fast-food chain enjoyed stronger same-store sales growth than archrival McDonald’s.
Harley-Davidson 2Q Earnings Top Street, But Shares Slump on Sales Concerns
Harley-Davidson posts better-than-expected 30% increase in earnings and stronger sales but shares fall on demand concerns.
Philly Fed Factory Activity Shrinks for Fourth Straight Month
Factory activity in the U.S. mid-Atlantic region shrank in August, though the pace of contraction eased.
Higher Cigarette Prices Propel Altria's 2Q Profit
Altria Group more than doubled its second-quarter profit on demand for smokeless tobacco and higher cigarette prices.
Coca Cola Enterprises Serves Up Weaker 2Q Profit
Hurt by a strong dollar and economic turmoil in Europe, the soda bottler said it narrowed second-quarter profit and sales.
Ingersoll Rand Widely Trumps 2Q Estimates But Warns of Slowdown
Ingersoll Rand topped profit expectations in the second quarter but posted lower sales.
GE's 2Q Net Shrinks 18%, Beats Expectactions
General Electric logged an 18% slide in second-quarter earnings, but the blue-chip conglomerate managed to narrowly surpass Wall Street’s expectations.
United Tech Slashes '12 View, Suffers Dip in 2Q Profits
Profits at United Technologies inched up just 0.8% in the second quarter amid weaker-than-expected sales, prompting the blue-chip manufacturer to slash its full-year earnings guidance.
Euro Pain Fuels 31% Dive in Dow Chemical's 2Q Profits
Dow Chemical disclosed a deeper-than-expected 31% stumble in earnings as the chemical maker was struck by shrinking demand amid the weakening global economy.
Allstate Smashes Wall Street's Estimates on Lower Disaster Impact
The home and auto insurer swung to a profit, smashing recently lowered Wall Street expectations, after its disaster losses were less than half of the record-breaking level they hit last year.
U.S. Steel 2Q Profits Sink
U.S. Steel saw its quarterly profits fall by more than 50%, hit by slumping prices, rising raw material and energy costs and the debt crisis in Europe.
Tyco 3Q EPS Beats Expectations, Sales Miss
Tyco International, which is in the process of splitting into three companies, posted a better-than-expected quarterly profit, but its sales fell short.










