Industrials

Soda Sales Fizzled in 2011

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.

Exxon Valdez Oil Tanker to be Sold in Pieces

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.

3M's Quarterly Sales Fall 5.5%

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.