McDonald's Extends Olympics Sponsorship to 2020
McDonald's has signed on to sponsor the Olympics for another eight years, meaning athletes and fans will be offered its burgers and fries in the official restaurants at Olympic Games venues until 2020.
Twinkies Maker to File for Bankruptcy Again: Report
After just having emerged from bankruptcy last September, Hostess Brands is reportedly gearing up to file for Chapter 11 bankruptcy again.
Alcoa Posts 4Q Loss In-Line With Street’s View, Revenue Beats
Alcoa kicked off the fourth-quarter earnings period with a per-share loss that matched Wall Street expectations, though revenue handily topped views.
Alcoa Cuts Capacity, Faces Possible Quarterly Loss
Alcoa said it will cut its global smelting capacity by 12% due to a steep drop in aluminum prices.
Monsanto 1Q Grows on Latin American, U.S. Seed Demand
Monsanto reported first-quarter sales that widely surpassed Wall Street expectations as demand for corn and cotton seeds continued to grow in the U.S. and Latin America.
Report: PepsiCo Looks to Juice Profits With 4,000 Layoffs
In an effort to boost its bottom line, PepsiCo management is reportedly contemplating laying off about 4,000 workers and putting a stop to its 401(k) match.
The Most Popular American Companies in China
China has emerged as a key battleground for many American companies that are looking to take a stake in the country's burgeoning consumer culture.
The Most Popular American Companies in China
China has emerged as a key battleground for many American companies that are looking to take a stake in the country's burgeoning consumer culture.
3M Buys Avery Dennison Unit for for $550M
The maker of Post-its and Scotch tape, 3M said the deal will broaden its global presence in office, education and consumer products.
3M 4Q Results Beat on Top, Bottom Line
3M unveiled a fourth-quarter profit of $1.35 per share on $7.1 billion in sales, versus estimates of $1.31 on $7.09 billion.
McDonald's 4Q Profit Climbs as Sales Sizzle
The hamburger giant posted a better-than-expected quarterly profit as sales at established restaurants in the U.S. and Europe rose more than 7%.
DuPont Profit Trumps Street View, Sales Miss
Held back by weak electronics demand, chemicals giant DuPont disclosed a 0.8% slip in fourth-quarter profits and weaker-than-expected revenue.
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.









