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.
Creditors, Bankrupt Alabama County Finally in Talks
The Alabama county and Wall Street creditors are finally in talks on possible workout.
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.
Coca-Cola Slims Down Operating Structure
Beverage giant Coca-Cola unveiled a revamp to its operating structure, slimming down to just three major business segments.
Arch Coal Shares Surge After 2Q Beat Despite Soft Volumes
Arch Coal reported better-than-expected second-quarter profit and sales but lowered its outlook on metallurgical coal sales.
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.
Philip Morris 2Q Sales Slump as Demand Slows
The Marlboro cigarette maker backed its fiscal 2012 view despite reporting a 3.8% decline in second-quarter profit.
Cal-Maine Foods Buys Commercial Egg Business From Pilgrim's Pride
The No. 1 U.S. producer of fresh-shell eggs has inked a deal to buy the commercial egg operations of Pilgrim’s Pride.
Fastenal Reveals Mixed 2Q Results as Sales Disappoint
Fastenal logged a healthier-than-expected 19% rise in second-quarter earnings, but the industrial hardware supply company’s sales failed to meet forecasts.
Alcoa 2Q Results Top Views, Shares Edge Higher
Weighing in with the first big results of the second-quarter earnings period, Alcoa posted results that topped expectations.
Dover Cuts Fiscal 2012 EPS Guidance Below Consensus
Dover Corp. slashed its fiscal 2012 earnings guidance on Monday citing macroeconomic headwinds.
Report: EU to Green-Light UTC's $16.5B Goodrich Deal
Regulators in Europe are reportedly set to sign off on United Technologies’ $16.5 billion takeover of aircraft components maker Goodrich after the U.S. conglomerate agreed to sell some assets.
What Facebook Fiasco? Kraft to Move Shares to Nasdaq From NYSE
Kraft will move its shares to the Nasdaq from the New York Stock Exchange in an effort to save cash ahead of its planned split into two independent companies.
Actuant Shares Fall on Wary Outlook
Actuant revealed on Wednesday a better-than-expected third-quarter profit, but was cautious looking forward.
Agrium Sees First-Half Earnings at High End of Range
Agrium Inc.announced Tuesday morning that it expects its first-half earnings to be at or near the top end of its guidance range due to strong results from its crop input business.
Ritz Camera Files for Bankruptcy Again
Only three years after emerging from its first bankruptcy, the photography retail filed for bankruptcy protection.





