Industrials

Stock futures were lower on Monday as investors awaited any sign of progress in talks to avert the United States' so-called "fiscal cliff" of tax hikes and spending cuts.

Stock futures edged lower on Monday as investors awaited any sign of progress in talks to avert the United States' so-called fiscal cliff of tax hikes and spending cuts.

Diversified manufacturer Ingersoll-Rand Plc said it will spin off its security division and buy back $2 billion of shares, yielding to pressure from activist investor Nelson Peltz.

AutoZone logged a stronger-than-expected 6.4% increase in fiscal first-quarter profits, but the auto parts retailer’s revenue narrowly trailed forecasts.

Delta Air Lines said on Thursday it would buy 40 Bombardier two-class regional jets, with the option to buy an additional 30, in a deal valued at up to $3.

Freeport McMoRan Copper & Gold Inc Chief Executive Richard Adkerson is known for taking big risks - building his company around mines in Asia, spending nearly $26 billion to take over larger mining rival Phelps Dodge and now shelling out $9 billion to take over two oil and gas companies.

Freeport McMoRan Copper & Gold Inc Chief Executive Richard Adkerson is known for taking big risks - building his company around mines in Asia, spending nearly $26 billion to take over larger mining rival Phelps Dodge and now shelling out $9 billion to take over two oil and gas companies.

The private equity firm is reportedly looking to buy the hair salon chain. 

U.S. inspectors are still uncovering a host of problems at the plan that was the source of a major recall of numerous children's medications. 

The private equity firm is reportedly looking to buy the hair salon chain. 

Wholesale sales climbed at the sharpest rate in seven months during October and inventories kept rising strongly.

Bailed-out insurer American International Group lost more than $1 billion from its ongoing operations in the first quarter, as the company took a huge charge for the termination of its credit facility from the Federal Reserve.

A gauge of manufacturing in New York State contracted for the fifth month in a row as new orders remained flat.

The Federal Reserve Bank of Philadelphia's survey shows the economy and jobs market are expected to grow more strongly in the first quarter than previously expected.

The diversified industrial company agreed to buy the medical diagnostics company for $83.50 per share.

The $900 million cash-and-stock deal will  create one of the largest post-acute healthcare services company in the United States.

The pipeline transportation and energy storage company  expects to raise as much as $2.3 billion in an initial public offering.

New orders received by factories edged up in December and shipments of finished products were stronger.

Austria's group Voestalpine is considering a plan to build a $1 billion plant in the United States that would convert iron ore into concentrate used in steelmaking, Trend magazine reported.