Huggies Maker Posts Lower-Than-Expected 4Q Profit
Kimberly-Clark Corp's quarterly profit missed estimates on Tuesday as the company saw soft demand in businesses such as North American diapers and some higher costs.
Pan American Scoops up Rival Minefinders to Grow Silver Business
Pan American will acquire Minefinders for C$1.5 billion in a deal that solidifies its position as one of the world’s primary silver mining companies.
Halliburton 4Q Net Beats the Street
The oilfield services company recorded a better-than-expected quarterly profit and said its revenues would grow faster than oil and gas companies would drill this year.
Onex to Buy USI for $2.3B
Canadian private equity company Onex said it will buy USI, a U.S. provider of insurance brokerage services, from GS Capital Partners for $2.3 billion.
Judge Approves Hostess Liquidation
A U.S. bankruptcy judge approved Hostess Brands' plan to wind down the company after last-minute mediation fell through Tuesday night.
Deere Grows Sales 14% But Profit Disappoints
The world's largest farm equipment maker posted fourth-quarter earnings and sales sharply below Wall Street expectations as stronger sales could not outpace sales growth.
Mediation Between Hostess, Union Fails
Developing: Hostess Brands and one of its biggest unions failed to reach an agreement in private mediation Tuesday, the company said. The move will likely pave the way for an ultimate liquidation.
Tyco International's 3Q Profit, Outlook Disappoint
Tyco International reported a fourth-quarter loss and weaker-than-expected fiscal 2013 outlook.
Diageo Buys a Stake in India's United Spirits for $2.1B
Diageo, the world’s biggest spirits maker, secured a $2.1 billion deal on Friday to nab a 53.4% stake in India’s United Spirits, deepening its presence in the rapidly growing Indian market.
Hostess, Union Agree to Mediation
Hostess Brands and one of the snack maker’s unions have agreed to private mediation taking place on Tuesday that could stave off a liquidation.
Sun Capital to Save Twinkies Maker? Firm Eyes Buyout of Hostess Brands
In a move that could save thousands of jobs and prevent a prolonged Twinkies shortage, private-equity firm Sun Capital Partners is reportedly interested in acquiring bankrupt baker Hostess Brands.
Smucker Grows 2Q Net 17%, Hikes Outlook
J.M. Smucker matched Wall Street’s expectations with a 17% increase in fiscal second-quarter profits, leading the jam and jelly maker to boost its full-year guidance.
Xerox Sees 4Q Miss, Boosts Buyback Program by $1B
Xerox warned it will likely post disappointing earnings in the fourth quarter but also unveiled plans to boost its quarterly dividend by 35% and bolster its share buyback program by $1 billion.
Teva's Tepid 2013 Forecast Trails Expectations
The generic drug giant disappointed Wall Street by unveiling forecasts for 2013 earnings and revenue that fall short of expectations.
East Coast Slowly Recovers from Sandy
Officials raced to fix infrastructure, restore power, and help millions of victims across the Eastern Seaboard in the wake of Hurricane Sandy.
Boosting Store-Brand Business, ConAgra Grabs Ralcorp for $4.95B
ConAgra sealed a $4.95 billion deal to scoop up private-label food giant Ralcorp Holdings, making ConAgra the No. 1 North American maker of store-brand foods.
ADT 4Q Earnings Grow as Prices Rise, Forecasts Stronger 2013 Sales
ADT posted weaker-than-expected fourth-quarter sales on Tuesday but forecast stronger sales in 2013.
Corning's Rosier 4Q Outlook Lifts Shares 8%
Shares of Corning soared 8% after the glass maker upped its forecast for fourth-quarter LCD and specialty glass sales volume amid stronger-than-expected demand for LCD TVs.
Sandy Rebuilding Rally: Construction, Home Improvement Stocks Rise
While the East Coast attempts to clean up from Hurricane Sandy, the super storm is already proving to be a boon for the stock prices of companies that could benefit from the massive rebuilding efforts. Read: NYC Restricts Traffic' | Watch: Were Exchanges Prepared for Sandy?
Clorox 1Q Profit Improves as Prices Grow
Clorox posted higher first-quarter profit but results fell short of the consensus as volumes softened.










