Huntsman Acquires Rockwood Businesses for $1.1B
The deal sets the stage for an eventual IPO of the newly-acquired businesses.
ATI Sheds Tungsten Assets to Kennametal for $605M
Allegheny Technologies sold its tungsten materials unit to Kennametal for $605 million as it looks to focus on its high-performance metals business.
Philip Morris Unveils 11% Boost to Dividend
The dividend hike represents the third such increase in the past two years at the global tobacco giant.
ConAgra 1Q Profit Misses Wall Street Expectations
ConAgra estimated 1Q profit below analysts' expectations due to weak sales at its consumer foods business.
Ammunition Maker ATK Buys Bushnell for $985M in Cash
Ammunition giant Alliant Techsystems agreed to scoop up sports optics maker Bushnell Group for $985 million in cash.
Chinese gaze in awe at rise in country's billionaires
By Ben Blanchard
Johnson Controls to Merge with Tyco
Johnson Controls, a maker of car batteries and heating and ventilation equipment, said on Monday it would merge with Ireland-based fire protection and security systems maker Tyco International.
GE to Sell Appliances Business to Haier for $5.4B
General Electric said on Friday it has agreed to sell its appliances business to Qingdao Haier for $5.4 billion.
JetBlue Warns of Delays After Power Outage Shuts Website
JetBlue warned of delays or cancellations Thursday after a power outage took down its main website and affected customers checking in for flights.
GE Plans to Cut 6,500 Jobs in Europe in Next Two Years
General Electric plans to cut 6,500 jobs in Europe over the next two years, including 765 in France.
WestJet, Delta Air Sign Travel Partnership
WestJet Airlines Ltd has entered into a partnership agreement with Delta Air Lines Inc as the Canadian carrier seeks expansion avenues in the large U.S. market.
Gilead kickstarts patent pool for AIDS drugs
By Ben Hirschler
Warren Buffett lunch bids already topping $1.5 million
NEW YORK (Reuters) - Double-dip recession or not, people will still pay any price to have lunch with Warren Buffett.
Charity to auction lunch date with Warren Buffett
NEW YORK (Reuters) - If you have a couple million dollars to spare and a taste for steak, Warren Buffett is looking for lunch companions.
Orbital Sciences to Fulfill NASA Contract Following Explosion
The Virginia-based company says it will likely discontinue using the engines that may have caused the Antares launch failure.
Rocket Explosion Hangs Over Orbital Sciences Merger
Alliant Techsystems is taking a second look at its merger with Orbital Sciences, whose unmanned NASA rocket exploded after liftoff Tuesday night.
Caterpillar Beats 3Q Profit Views, Hikes Outlook
Caterpillar reported better-than-expected earnings for the third quarter and raised its outlook as it continues to keep costs in check.
Boeing Posts Higher Earnings, Raises Outlook
Boeing recorded 17% earnings growth in the third quarter and again raised its full-year outlook amid surging demand for commercial jets.
Alcoa Tops 3Q Views as Aluminum Market Rebounds
The aluminum maker unofficially kicked off 3Q earnings season with a beat on both lines -- profits-per-share of 31 cents on revenues of $6.24 billion topped views. Shares climbed about 2% after hours.