Industrials

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.

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.