Textron Systems eyes rising foreign demand for drones, weapons
Textron Systems, a unit of Textron Inc , says strong demand from the Middle East and Asia for unmanned systems, ground vehicles and smart weapons will help expand foreign sales to about half of the division's total revenues in coming years.
BeaconLight asks retailer Jos A Bank to return cash to investors
Jos A Bank Clothiers Inc came under fire from investment manager BeaconLight Capital LLC who demanded a reorganization of the men's apparel retailer's board and return of cash to shareholders.
Analysis: T.J. Maxx, others look past chaos to e-commerce bonanza
U.S. low-price retailer T.
Honeywell transmitter eyed in 787 fire probe: source
Investigators are looking at an emergency locator transmitter built by Honeywell International Inc as the possible cause of a fire on board a Boeing Co Dreamliner in London last week, according to a source familiar with the probe.
GSK stops using travel agencies accused in Chinese probe
British drugmaker GlaxoSmithKline said on Monday it had stopped using all travel agencies which have been accused by the Chinese police of channelling bribes to illegally boost sales and inflate the price of its medicines in the country.
300 layoffs expected Spirit Aerosystems, union says
Spirit Aerosystems , a major supplier to Boeing , Airbus and other aircraft makers, is expected to lay off about 300 people on Thursday, a union leader said.
Kloeckner & Co gives up hope of breaking even in 2013: paper
German steel distributor Kloeckner & Co has given up hope of breaking even this year as demand for steel remains low, its chief financial officer told a German newspaper.
After boom years, some Chinese firms run into trouble in crisis-hit Sudan
When Chinese clothing wholesaler Chan Cui Xiao signed a deal with a Sudanese businessman to export colorful bed sheets to the African country he was confident of making good money.
Unilever turns cautious on emerging markets
Unilever has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market expectations.
Bangladesh tells EU it will improve worker rights, inspections
Bangladesh pledged on Monday to quickly boost worker rights and recruit more factory inspectors as it seeks to preserve European Union trade benefits after 1,129 workers were killed in the collapse of a garment plant in April.
Bangladesh tells EU it will improve worker rights, inspections
Bangladesh pledged on Monday to quickly boost worker rights and recruit more factory inspectors as it seeks to preserve European Union trade benefits after 1,129 workers were killed in the collapse of a garment plant in April.
Lululemon chairman eyes $220 million share sale
Lululemon Athletica Inc Chairman Dennis "Chip" Wilson is looking to sell up to 3.
Stock futures higher as positive momentum persists
Stock index futures rose modestly on Tuesday, indicating positive market momentum would continue as investors remain more comfortable with the economic outlook.
Boeing, Bell awarded $4.9 billion contract for 99 V-22s
Boeing Co and Bell Helicopter, a unit of Textron Inc , have been awarded a modified contract valued at $4.
Tinkler gives up half of Whitehaven stake to lender
Struggling Australian tycoon Nathan Tinkler has given up nearly half of his stake in Whitehaven Coal Ltd for about $285 million to pay down debt to a U.S. hedge fund, easing concern about a forced selldown that had weighed on the miner's value.
Royalty's Hostile Bid for Elan in Doubt After Shareholder Vote
Elan shareholders approved a share buyback that means Royalty Pharma's hostile bid for the Irish drug firm could lapse.
DuPont Dampens Outlook After Cooler Spring
The diversified manufacturer blamed unseasonable weather in North America and Europe for affecting second-quarter revenue.
Danish retailers sign Bangladesh safety reform plan
PWT Group, a user of the clothing factory that collapsed in Bangladesh in April, and five other Danish firms, have agreed to sign an international accord on fire and safety in Bangladesh.
Brookfield to sell assets to Weyerhaeuser, KapStone for $3.68 billion
Brookfield Asset Management Inc on Sunday said it had agreed to sell all its Longview Timber holdings to Weyerhaeuser Co for $2.
Brookfield to sell assets to Weyerhaeuser, KapStone for $3.68 billion
Brookfield Asset Management Inc on Sunday said it had agreed to sell all its Longview Timber holdings to Weyerhaeuser Co for $2.
