Diamond Foods Misses Nasdaq Deadline, Anticipates Delisting Letter
Diamond Foods said it will miss Nasdaq’s June 11 deadline to file restated financial statements and will look to appeal an expected delisting letter.
United Tech Offers to Sell Assets to Seal Goodrich Deal
United Technologies has reportedly offered to unload some assets in an effort to make its $16.5 billion buyout of aircraft components maker Goodrich more palatable to European regulators.
Big Battery Maker to Hire 400 Workers in Michigan
A123 Systems, which makes lithium-ion batteries for GM and BMW, plans to hire up to 400 people at its two factories in Michigan.
Diageo Pours $1.5B into Johnnie Walker, Scotch Whisky Brands
Alcoholic beverage giant Diageo plans to spend 1 billion pounds to boost its production of Scotch whisky over the five years to meet growing demand.
Report: Chesapeake Energy Nears $4B Pipeline Sale
Shares of Chesapeake Energy rallied about 3% after a report indicated the energy company is nearing a deal to unload pipelines to Global Infrastructure Partners for more than $4 billion.
Deere Appoints New CFO, Shakes Up Management
Deere announced a new chief financial officer and a slew of other senior management shakeups on Friday as the tractor maker readies to lose two of its top executives to retirement.
Alcoa Lowers Alumina Production Capacity
Alcoa is chopping its alumina production capacity by about 390,000 metric tons.
Honeywell 1Q Beats on Aerospace Demand, Lifts Forecast
Honeywell reported higher first-quarter results and lifted its earnings-per-share outlook for the full year.
Kimberly-Clark 1Q Soars on International Demand
The maker of Kleenex and Huggies notched a larger-than-expected increase in quarterly profit as it trimmed costs to deal with some weakness in the U.S.
NBCU Absence Eats into GE's 1Q Profits
Missing the revenue from NBC Universal, earnings at General Electric retreated 12% during the first quarter but managed to still surpass Wall Street’s forecasts.
Boeing Trumps Airbus in 1Q Deliveries on Fuel-Efficient Jets
Boeing led Airbus by deliveries in the first quarter, with the help of its new fuel-efficient jets, the 787 Dreamilner and 747.
Anheuser-Busch Brews Higher 1Q Profit as U.S. Guzzles Bud, Stella
Anheuser-Busch InBev posted a 75% jump in first-quarter profit on stronger beer volumes in the U.S. and Latin America and higher prices.
Loews 1Q Profit Tops Street as CNA Catastrophe Losses Fall
Loews posted weaker first-quarter profit that topped expectations, as smaller catastrophe losses and higher investment income at its largest subsidiary, CNA Financial, could not fully offset weaknesses in its oil and gas division.
Pepsi to Serve Beverages at IHOP, Host Live Concerts on Twitter
PepsiCo revealed two fresh deals on Monday that will have it hosting live concerts to its Twitter followers and exclusively serving beverages at more than 3,000 restaurants owned by DineEquity.
Newell-Rubbermaid 1Q Profit Tops Street as Costs Tighten
Newell-Rubbermaid beat expectations in the first-quarter as sharp gains in its baby and professional segments, helped offset a decline in consumer demand.
International Paper 1Q Profit Falls as Corporate Expenses Double
International Paper narrowed its first-quarter profit on higher corporate expenses and weaker export paper prices.
Whirlpool 1Q Profit Shrinks as Appliance Demand Slows
Whirlpool on Thursday said its earnings fell 46%, as demand for appliances slumped and higher raw material costs dug into operating margins.
Carnival Costa Group Chief to Retire
The chief executive of Carnival's unit whose ship got into a deadly, and highly publicized, accident off of the coast of Italy is retiring on July 1, but will remain on the cruise operator's board.
Hit by Weak U.S. Volumes, Kellogg Slashes Outlook
Kellogg slashed its 2012 earnings guidance on Monday as the world’s largest cereal maker was struck by weak U.S. volumes and trouble in Europe that fueled a weaker-than-expected first quarter.
Strong Agriculture Sales Carry DuPont to 1Q Beat
Powered by accelerating agriculture sales and higher prices, manufacturing giant DuPont beat the Street on Thursday amid a 12% jump in revenue.











