Industrials

Brown-Forman Corp., the parent of Jack Daniel's, Finlandia vodka and Southern Comfort, reported a weaker-than-expected quarterly profit and said the time was becoming right for price increases.

Kraft said Wednesday that its new international snack business would be called Mondelez International once it splits it from the company's North American grocery business later this year.

The maker of Cheerios cereal and Progresso soups posted a slight decline in quarterly profit and stood by its lowered full-year forecast as it faces higher materials costs.

Caterpillar is expanding its flagship manufacturing plant in China that when completed in 2016 will boost production of hydraulic excavators by another 80%.

Total sales volume of soda fell about 1% in 2011, about the same level it was in 1996, as energy drinks failed to offset weakness in traditional sodas, according to a beverage industry report.

Swiss-based Tyco International is merging its flow control business with Pentair in an all-stock deal valued at about $4.53 billion.

The controversy over a common ground beef filler dubbed "pink slime" by critics has hurt short-term beef demand, a Tyson Foods executive said.

Marking its first entry into China, J.M. Smucker acquired a minority stake in privately-owned oatmeal maker Guilin Seamild Biologic Technology Development for $35 million.

The ship responsible for the second largest oil spill in U.S. waters behind BP’s Deepwater Horizon, is being sold to a company that will most likely rip it a part and sell it in pieces.

Lifted by signs of life at its struggling Olive Garden restaurants and warm weather, Darden Restaurants narrowly beat the Street on Friday with an 8.5% jump in fiscal third-quarter net income.

Construction equipment giant Caterpillar will invest some $20 million to triple the size of one of its manufacturing plants in South Carolina and create as many as 80 jobs.

The world's largest heavy machinery maker unveiled a $20 million expansion plan for its manufacturing facility in Sumter, S.C., which would add 170,000 square feet and 80 new jobs.

Goodrich shareholders on Tuesday approved the company's $16.5 billion sale to United Technologies.

PepsiCo on Monday revealed plans to create a new job of president and bring back a former executive to run its food division.

3M, the maker of Scotch tape and Post-it notes, reported a 5.5 percent decline in fourth-quarter net sales, hurt by a global economic slowdown.

Tthe world's biggest brewer and two Chinese brewers are reportedly on the shortlist to buy most of the operations being sold by China's Kingway Brewery Holdings.

The latest government report shows farmers will plant the most corn in 75 years to cash in on higher prices.

Shares of firearm maker Smith & Wesson tumbled as politicians begin to call for tighter gun control legislation in the wake of last week’s massacre that left 28 dead.

Freeport-McMoRan Copper & Gold sealed a pair of big deals to acquire full control of Plains Exploration and McMoRan Exploration for a combined $9 billion.

Archer Daniels Midland sweetened its bid for Australia’s GrainCorp by 3.4% to $2.9 billion.