Industrials

CVS Posts Higher 4Q Profit, Boosts Forecast

CVS Caremark revealed a higher fourth-quarter profit on stronger pharmacy sales, as medical claims surged and the company acquired more customers through partnerships.

3M Reveals Buckley Successor

Diversified manufacturer 3M announced Wednesday the selection of Inge Thulin, the company's chief operating officer, to take over for retiring longtime CEO George Buckley.

Sara Lee 2Q Profit Slides, Sales Rise

The maker of Ball Park hot dogs and Jimmy Dean sausages reported lower second-quarter earnings on Thursday, despite higher sales.

Sara Lee 2Q Profit Slides, Sales Rise

The maker of Ball Park hot dogs and Jimmy Dean sausages reported lower second-quarter earnings on Thursday, despite higher sales.

Whirlpool Wows Wall Street With Outlook, 4Q

Whirlpool unveiled on Wednesday a 20% jump in fourth-quarter profits amid higher North American sales and projected 2012 results that would blow away Wall Street’s expectations.

Coca-Cola 4Q Results Top Street View

Coca-Cola suffered a 71% plunge in fourth-quarter profits due to a number of charges, but the world’s largest beverage maker’s adjusted profits and sales beat Wall Street’s expectations.

Exxon to Shed Tonen Stake: Report

Exxon Mobil is reportedly in talks to sell most of its 50% stake in TonenGeneral Sekiyu KK back to its Japanese refining partner and unload other assets.

General Electric Profit Falls 20%, Sales Miss

General Electric's profit fell 20% in the fourth quarter, hurt by the lingering impact related to the sale of its majority stake in NBC Universal to Comcast last year.

Parker Hannifin 2Q Sales Meet Street

Led by growth in its industrial North America business, Parker Hannifin reported an increase in both second-quarter sales and earnings.