Lockheed Martin Scores Army Deal Worth up to $4.1B
Lockheed Martin inked a contract valued at potentially as much as $4.1 billion to provide communications equipment and services to the U.S. Army.
United Tech Boosts Dividend By 10%
United Tech's board approved a 10% hike in the defense and aerospace giant’s fourth-quarter dividend.
Alcoa Overcomes Price Slump by Posting 3Q Beat
Alcoa posted adjusted 3Q profits of 11 cents a share, topping estimates. Shares climbed 2.6% in extended trading.
Lockheed Martin to Furlough 3,000 Workers Amid Shutdown
Lockheed Martin said it will furlough roughly 3,000 employees amid a continued government shutdown. Boeing also expects furloughs soon.
U.S. Factory Sector Expands at Fastest Clip Since '11
The American manufacturing sector grew at the fastest pace since April 2011 in September, surprising economists who the expansion to slow.
Joy Global Gives Gloomy '14 Guidance, Sees Increased Coal Headwinds
The mining equipment maker warned of an increasingly 'challenging' market amid a glut in coal supplies.
Toll Brothers Posts 24% Rise in Revenue, But Order Growth Slows
Toll Brothers reported a 24% rise in quarterly revenue but fell short of expectations as orders slowed.
Disaster Costs Fall 16% in 1H
Damage costs from natural and man-made disasters fell 16% to $56 billion in the first half of 2013, according to a report from Swiss Re.
U.S. Farm Economy Reverses as Drought Impacts Persist
The long reach of last summer's devastating U.S. drought has reversed the flow of the mighty Mississippi River - for corn, at least.
BP Sues U.S. Over Contract Suspensions
BP is suing the U.S. government for barring it from obtaining new federal contracts after it pleaded guilty to charges related to the 2010 rig explosion.
Small Business Optimism Up in July
Small businesses grew more optimistic in July, with owners forecasting improving sales and profits.
Strengthening Beer Demand Lifts Molson Coors' Profit 165%
Fueled by a surge in worldwide beer volume, Molson Coors posted a much stronger-than-expected second-quarter profit on Tuesday but warned the consumer market will remain tough throughout the rest of the year.
Gold Holds Above $1,300
Gold held above $1,300 an ounce as the dollar softened after mixed U.S. data last week left investors less sure the Fed would start to scale back its stimulus next month.
P&G Beats Street View Amid Sales Growth
P&G saw its fourth-quarter profit decline 46% amid charges, but the maker of consumer products recorded improved sales that helped the company beat Wall Street expectations.
Kellogg Tops Views in 2Q, But Warns of U.S. Weakness
Kellogg reported stronger-than-expected second-quarter earnings but warned of weakness in the U.S.
Midwest Manufacturing Picks Up in July
The pace of business activity in the U.S. Midwest picked up modestly in July, although growth in new orders and employment both cooled, a report showed on Wednesday.
Siemens Taps CFO to Succeed Ousted CEO Loescher
Siemens tapped CFO Joe Kaeser as its new chief executive, succeeding Peter Loescher, who was ousted after a second profit warning this year.
Dow Chemical Profits Beat the Street
Dow Chemical's adjusted quarterly profit jumped 16%, topping analysts' estimates, driven by robust demand for a new line of crop protection products.
3M's 2Q Net Gains 2.6%, Narrowly Tops Views
The Post-Its maker's profits topped estimates by a penny thanks to broad sales growth.
Caterpillar 2Q Net Falls More Than Expected
The world’s largest maker of construction and mining equipment trimmed its full-year outlook after its second-quarter earnings plunged 43%, a steeper decline than Wall Street's view.











