Industrials

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.

Ending a long and noise fight, a major Clearwire stakeholder said it is backing Sprint Nextel's purchase of the rest of the company.

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. 

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.

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.

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.

Pfizer said enough shareholders offered to trade shares for stock in Pfizer's majority owned Zoetis to allow Pfizer to complete its spinoff of the unit.

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.

Morgan Stanley will trim its commodities division by exiting areas such as trading of agricultural products, and freight following similar steps by other banks due to a poor outlook for revenue.

Kodak secured post-emergence credit facilities of up to $895 million with J.P. Morgan, Bank of America Merrill Lynch and Barclays.

Adobe revealed adjusted 2Q profits of 36 cents a share, topping the Street’s expectations by three cents. Sales of $1.01 billion matched forecasts.

The forest-products company announced a slew of moves early this week, including a $2.65 billion deal to purchase Longview Timber and its 645,000 acres of timberlands in Washington and Oregon.

Yoga gear maker Lululemon  wants a "head boss person" who can communicate in Sanskrit, hold a headstand for at least 10 minutes and is ready to break the rules.

Even though its second-quarter earnings came in below expectations, the truck maker received some bullish support from an analyst. 

J.P. Morgan's Jamie Dimon on Tuesday defended the disclosures the bank made last year about its London Whale derivatives loss.

Imagination is meeting science for California's almond industry, as Blue Diamond Almond Growers have opened up the world's first and only Almond Innovation Center.

An estimated 240,000 water mains break every year in the U.S. There are a handful of publicly traded water companies, and about 30,000 smaller private suppliers forming a highly fragmented industry ripe for consolidation. 

Moody’s downgraded Alcoa’s credit rating to junk status, delivering a rebuke to the blue-chip company amid continued challenges in the aluminum industry.

The world's largest seed maker upped its full-year outlook but forecasted below-consensus quarterly EPS.

China's Shuanghui Group has agreed to buy Smithfield Foods for around $5 billion in cash, or $7.1 billion including its debt.