Industrials

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.

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.

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.

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.

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. 

Ralcorp Helps Boost ConAgra to 4Q Profit

The Hunt's ketchup maker returned to black in 4Q thanks to continued sales growth and the absence of last year’s significant debt-retirement charges.

After Drug-Ring Investigation, HSBC Cuts Team

HSBC's private bank in Switzerland is "dramatically" cutting its north Africa and Israel teams after a former employee was convicted of laundering money for Moroccan drug dealers, it said.

Despite Weaker 3Q, Monsanto Beats the Street

The world’s largest seed company reported a 3% drop in 3Q earnings amid weaker demand for its seeds and higher input costs, although the results beat Wall Street expectations.

Delta, Virgin Will Cross-Sell Tickets

Delta Air Lines said Monday  it completed its purchase of a 49% stake in British airline Virgin Atlantic and added the two carriers plan to start cross-selling seats on each other's flights in July.