Industrials

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.

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.

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.  

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.