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.
America’s Worst Companies to Work For
There is a big divergence between corporate work environments in America, with firms offering different pay, benefits, and opportunities. Here's a look at the worst companies to work for, as compiled by 24/7 Wall St.
Northrop Reports Higher 2Q Earnings
Northrop Grumman, one of the largest U.S. weapons makers, reported higher 2Q earnings and raised its forecast for the full year, despite Pentagon budget cuts.
Diageo Gets Green Light for $358M China Deal
Diageo, the world’s biggest spirits maker, has received approval from Chinese authorities to move forward with the planned purchase of the 47% stake in Sichuan Chengdu Shuijingfang.
United Tech 2Q EPS Tops Views as Elevator, Engine Orders Rally
United Tech posted adjusted 2Q profits of $1.65 a share, topping expectations of $1.57 a share, while sales came in short of estimates.
Honeywell Scores 2Q Beat on Improved Margins
Honeywell revealed better-than-expected 2Q earnings, as efforts to streamline the diversified industrial company helped boost margins.
Whirlpool 2Q Sales Improve as EU Recovers
Whirlpool posted a jump in quarterly profits and boosted its full-year outlook.
GE Shares Climb on Slight 2Q Beat
GE posted lower adjusted earnings and weaker revenue, but scored a slight beat thanks to lower costs and improved margins.
Small Business Confidence Slips in June
U.S. small business optimism fell in June from its one-year high as an uncertain recovery continues to unfold.
Bank of NY Mellon Execs Win Forex Lawsuit Dismissal
Bank of New York Mellon officers and directors won the dismissal of a shareholder lawsuit accusing them of breaching their duties by letting the bank overcharge clients for trading currencies.
Crest Backs Sprint Over Cleawire Deal
Ending a long and noise fight, a major Clearwire stakeholder said it is backing Sprint Nextel's purchase of the rest of the company.
In Sign of Confidence, Dana Widens Buyback to $1B
The auto part manufacturer expanded its preexisting buyback on Friday by roughly $900 million to $1 billion, highlighting its confidence more than a year after emerging from bankruptcy.









