Caterpillar Lifts 1Q Profit, Beats the Street
Caterpillar handily beat Wall Street estimates with a first-quarter profit that climbed 4.8%, as strong sales of construction equipment offset continued weakness in mining.
United Tech 1Q Profit Slumps Despite Sales Growth
United Tech's profit declined 4.2% in the first quarter, as restructuring costs overshadowed sales growth for the company’s defense and construction businesses.
General Electric Logs Mixed 1Q Results
General Electric reported weaker earnings and revenue for the first quarter, but the conglomerate’s bottom line still topped estimates amid strong results from its energy businesses.
Johnson Controls to Pay $1.6B for Air Distribution Technologies
Johnson Controls agreed to a $1.6 billion deal to buy Air Distribution Technologies, adding to the diversified manufacturer’s ventilation business.
Boeing to Inspect Wings of Undelivered Dreamliners
Boeing said it will inspect the wings of about 40 Dreamliner jets still in production after learning of a possible manufacturing defect at a supplier.
Honeywell Sees Up to $51B in Sales by 2018
Honeywell expects to book double-digit earnings growth through 2018, as the company looks to boost annual sales to $51 billion.
Coca-Cola Unveils 9% Dividend Hike, Taps New CFO
Blue-chip beverage giant Coca-Cola announced a 9% bump to its quarterly dividend and the retirement of its CFO.
Deere Grows 1Q Profits 5%, Tops Views
Shares of Deere advanced more than 1% after posting a stronger-than-expected 5% increase in fiscal first-quarter profits.
Carlyle Group to Buy Illinois Tool Works Unit for $3.2B
Illinois Tool Works announced a deal to sell its industrial packaging unit to Carlyle Group for $3.2 billion, as the company continues to revamp its portfolio.
3M 4Q Profits Meet Street Views, Revenues Miss
Diversified manufacturer 3M Co posted an 11% rise in 4Q net income, helped by higher profit across most of its business lines.
Martin Marietta Scores $2B Deal for Texas Industries
Martin Marietta agreed to buy Texas Industries, a rival provider of construction materials, for $2.06 billion in stock.
DuPont Doubles 4Q Profit, Sets $5B Buyback
DuPont doubled its profit in the fourth quarter, as the company benefited from significant revenue growth in its agriculture segment.
4Q Profits Soar at Honeywell Amid Broad Sales Growth
Honeywell International reported higher-than-expected fourth-quarter profit and revenue on Friday, as sales grew across its major segments.
Stanley Black & Decker 4Q Net Tumbles on M&A Charges
Stanley Black & Decker's fourth-quarter profit tumbled 89% on higher restructuring charges that overshadowed revenue growth.
United Technologies 4Q Profits Drop 29%, Sales Trail Views
The blue-chip conglomerate suffered a drop in fourth-quarter profits but managed to exceed forecasts from analysts.
Alcoa Expands Auto Supply Plant as F-150 Boosts Demand
Alcoa completed a $300 million expansion at an Iowa facility dedicated to supplying aluminum used by the auto industry, as the company looks to capitalize on growing demand.
Monsanto Grows 1Q Profits 8.6%, Exceeding Forecasts
Monsanto, the world's largest seed maker, revealed stronger-than-anticipated earnings and revenue for the fiscal first quarter.
GE Sells Appliances Unit to Electrolux for $3.3B
General Electric sold its century-old appliance business for $3.3 billion in cash to Electrolux of Sweden.
Activists' Next Target: GE?
Some people inside the mega company think so, which is one reason they say CEO Jeffrey Immelt invited famed shareholder activist Nelson Peltz to speak with his senior management team, the FOX Business Network has learned.
Activists' Next Target: GE?
Some people inside the mega company think so, which is one reason they say CEO Jeffrey Immelt invited famed shareholder activist Nelson Peltz to speak with his senior management team, the FOX Business Network has learned.
















