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.
Report: Nestle Closing in on $10B Pfizer Nutrition Deal
Nestle is reportedly nearing a deal to buy Pfizer's infant nutrition business.
Boosted by Rising Volumes, Coca-Cola's 1Q Net Rises 7.9%
Coca-Cola beat the Street with a 7.9% increase in first-quarter profits as the world’s largest beverage company capitalized on a healthy rise in global volumes and higher prices.
Anheuser-Busch Pays $1.2B for Dominican Presidente Brewer
Anheuser-Busch InBev confirmed on Monday that it will pay $1.2 billion to acquire a 51% stake in the Dominican Republic brewer Cerveceria Nacional Dominca.
Report: Anheuser-Busch Could Guzzle Dominican Maker of Presidente
Anheuser-Busch InBev is reportedly the front-runner to land Cerveceria Nacional Dominicana in a transaction that could value the brewer of Presidente beer at $2.5 billion.
Alcoa Swings to Profit, Beats Wall Street Views
Alcoa kicked off earnings season with a beat, as the company posted better-than-anticipated results and forecast strong full-year demand.
Danaher to Buy X Rite for $479M
Danaher has agreed to buy Pantone owner X Rite for $478.9 million.
Corning Buys Majority of Discovery Labware for $730M
Corning has inked a deal with Becton, Dickinson and Co.to acquire a majority stake in its Discovery Labware unit for about $730 million in cash.
Will China Troubles Resurrect Made-in-America Brand?
The push by Apple contractor and manufacturing behemoth Foxconn to clean up working conditions in China underscores a desire for worker equality that has swept across emerging-market countries in recent years.
Monsanto Grows 2Q Earnings 19% to Exceed Expectations
Agriculture giant Monsanto beat the Street on Wednesday by posting a 19% jump in fiscal second-quarter profits thanks to healthy sales gains.
Molson Coors Hauls in European Brewer StarBev for $3.5B
With its eye on European expansion, Molson Coors said it will buy brewer StarBev from private equity fund CVC Capital Partners for about $3.52 billion.
Dow Chemical to Axe 900 Jobs, Close 4 Plants
Dow Chemical plans to close four plants and lay off 900 workers to cut annual costs by $250 million.
Avon Rejects $10 Billion Takeover Bid from Coty
Avon Products rebuffed a $10 billion buyout bid from Coty saying the offer 'substantially undervalues' the direct seller of cosmetics and is 'opportunistically' timed.
In the Shadow of Mad Cow Case, U.S. Beef Exports Unfazed
For meat exporter James Geller, it's just business as usual one day after the first case of mad cow disease in six years was confirmed in the U.S.
Acquistions Help Fuel 29% Jump in 1Q Net at Caterpillar
Economic bellwether Caterpillar generated a stronger-than-expected 29% leap in first-quarter profits as the world’s largest maker of construction equipment capitalized on new acquisitions and strong demand.
Boeing 1Q Results Fly Past Expectations
The world's largest aerospace and defense company reported a higher first-quarter profit and lifted its earnings forecast for the year.
Mad Cow Found in U.S.; Authorities Say No Risk to Humans
U.S. authorities reported the country's first case of mad cow disease in six years, but assured that the finding posed 'no risk to the food supply or to human health.'
United Tech Beats Street on Profit, Misses on Sales
United Technologies posted a first-quarter profit that beat expectations on strong demand for residential heating and cooling systems. However, the blue-chip manufacturer's revenue came in short of forecasts.














