United Tech Posts 1Q Miss
United Technologies, the blue-chip industrial, saw its profits and revenues climb in the first quarter. However, earnings on an adjusted basis missed the Street's expectations.
Caterpillar Narrows Full-Year View After 1Q Miss
The heavy-machinery giant posted profits shy of estimates while revenues came in at $13.21 billion for the quarter, also missing expectations.
International Paper in Talks to Spin Off Distribution Business
International Paper is talking with Unisource Worldwide to spin off and merge its distribution business to focus on its packaging business.
Underground Cigarette Market Flourishes in Europe
The illegal underground market of cigarettes continued to grow last year in Europe, a new report shows.
Procter & Gamble Plans to Extend Supplier Bill Payment Cycle
The world's largest household products company is reportedly seeking to pay its bills in 75 days from the average of 45 days it takes currently.
Mixed Kickoff: Alcoa's 1Q Net Beats Street, Revenue Trails Views
Alcoa kicked of the 1Q earnings season after the bell Monday by unveiling mixed results. The aluminum maker's profits bested forecasts but revenues fell short.
GM to Spend $332M to Upgrade U.S. Plants, Build New Fuel-Savvy Engine
General Motors will invest nearly $332 million in four U.S. manufacturing sites to produce more fuel-efficient engines and transmissions.
Monsanto Notches 22% Jump in 2Q Net, Hikes Full-Year View
The world's largest seed company raised its full-year profit expectations after posting a better-than-expected second quarter.
Goldman Lowers Price Forecasts for Corn, Soy, Wheat
The investment bank lowered its price forecasts for corn, soybeans and wheat, citing larger-than-expected U.S. March 1 grain stocks data issued last week by the U.S. Department of Agriculture.
Goldman Lowers Price Forecasts for Corn, Soy, Wheat
The investment bank lowered its price forecasts for corn, soybeans and wheat, citing larger-than-expected U.S. March 1 grain stocks data issued last week by the U.S. Department of Agriculture.
Supreme Court Sends Back Consumer Lawsuit on Whirlpool Washers
The Supreme Court wiped out a class action lawsuit against Whirlpool that said the high-efficiency washers were defective because they emitted unpleasant odors.
Mosaic Reveals In-Line 3Q Profit as Potash Volumes Grow
The maker of fertilizers and animal feed ingredients reported a 26% increase in third-quarter profit on stronger potash volumes.
Accenture Quarterly Revenue Rises 4%
The outsourcing firm reported revenue of $7.06 billion as net income rose to $1.19 billion, or $1.65 per share.
DuPont, Monsanto Strike Licensing Deals, Dismiss Lawsuits
The global seed rivals said they will drop antitrust and patent lawsuits against each other, while agreeing to licensing deals.
Lennar Delivers More Homes, Beats Street in 1Q
Fueled by a rise in home sales and stronger prices, Lennar reported stronger-than-expected first-quarter earnings and sales.
Dow Chemical to Build Specialty Plants on U.S. Gulf Coast
The plants will employ up to 3,000 workers at construction peak as the company takes advantage of cheap shale-derived natural gas.
Schlumberger Says 1Q North America Activity Weaker than Expected
Citing fewer rigs going back to work, the world's largest oilfield services company,warned that North American activity was coming in lower than expected in the first quarter.
Ackman's Latest Dig at Herbalife
The hedge fund manager said Herbalife is similar to another multilevel marketing company that U.S. regulators shut down in January.
Ackman's Latest Dig at Herbalife
The hedge fund manager said Herbalife is similar to another multilevel marketing company that U.S. regulators shut down in January.
KKR Scoops Up Machinery Maker Gardner Denver in $3.74B Deal
Private-equity giant KKR announced a $3.7 billion deal on Friday to take industrial machinery maker Gardner Denver private.











