Industrials

CB&I to Buy Shaw for $3B

Chicago Bridge & Iron unveiled plans to buy Shaw Group for about $3 billion in cash and stock to create an engineering and construction giant focused on the energy industry. 

Comair Unit to Cease Operations

Delta announced its subsidiary will cease operations after Sept. 29 as the airline reduces its exposure to low-margin regional flying. 

Pilgrim's Pride Swings to 2Q Profit

The poultry company said it saw industry challenges in the second half of the year due to the volatility in the feed ingredient market and tepid spending by consumers.

Winnebago 3Q Profit Tops Street, Shares Rally

The recreational vehicle manufacturer revealed third-quarter profit slightly above Wall Street expectations on Thursday, as higher selling prices and tighter spending helped offset softer-than-expected revenues.