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.
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.
Caterpillar, Westport Innovation to Make Natural Gas-Powered Machines
Caterpillar is teaming up with Canada’s Westport Innovations to develop natural gas technology for off-road equipment like mining trucks and locomotives.
United Natural Foods Reports Upbeat 3Q, Lifts Fiscal-Year Forecast
United Natural Foods reported a better-than-expected 19% increase in third-quarter profit and lifted its fiscal guidance, as sales trends improved and operations ran more efficiently.
Regulator Rejects Last-Minute Bid to Stop Postal Service Changes
The postal service's regulator has rejected an attempt by a postal workers' union to block changes to mail delivery set to go into effect next week.
Lifted by Solid Sales, Monsanto's 3Q Edges Past Views
The St. Louis-based company reported higher-than-expected quarterly profit as net revenue grew 17% on gains in sales of seeds and genetic traits and its chemicals business.
Shareholder Pushes Glencore to Sweeten Xstrata Bid
Commodities trader Glencore may have to sweeten its $26 billion bid for miner Xstrata after a key shareholder demanded better terms.
Park Electrochemical's 1Q Profit, Sales Drop Sharply as Demand Slumps
Park Electrochemical reported a 57% drop in profit and an 11% decline in sales on Monday, as demand slumped and offset cost cutting initiatives.
Cabot Buys Norit for $1.1B
Cabot has inked a deal to buy activated carbon maker Norit NV for $1.1 billion in a move that Cabot says will strengthen its specialty chemicals portfolio.
Philip Morris Cuts Full-Year Earnings View on Demand, Currency Challenges
Philip Morris lowered its full-year earnings forecast for the second time on Thursday, citing unfavorable currency exchanges rates.
Charges Eat into ConAgra's 4Q Bottom Line; Adjusted EPS Tops Views
ConAgra Foods swung into the red in its fiscal fourth quarter due to accounting charges, but the maker of Chef Boyardee’s adjusted profit surpassed Wall Street’s expectations.
FedEx's Tepid View Overshadows 4Q EPS Beat
FedEx logged fiscal fourth-quarter results that exceeded expectations amid a 3.8% rise in revenue, but the world’s largest second largest shipper issued a disappointing outlook for the current quarter and full year.
Mead Johnson's CEO to Retire Next Year, COO to Take Over
Baby-formula maker Mead Johnson Nutrition says chief operating officer Kasper Jakobsen will be appointed to chief executive officer following the 2013 retirement of current CEO Steve Golsby.
Scotts Miracle-Gro Warns on Full-Year Results; Shares Slide
Scotts Miracle-Gro announced that it expects to fall short of its prior fiscal-year guidance due to lower-than-expected U.S. sales.
Nucor Forecasts Weaker 2Q Profit on Steel Pressures
Nucor expects a challenging steel market to weigh on its second-quarter profit.
Philip Morris Unleashes $18B Buyback Initiative
Philip Morris International revealed plans for an $18 billion stock buyback program on Wednesday as the tobacco company attempts to return cash to shareholders and breathe new life into its stock.








