United Technologies cuts Sikorsky helicopter business to focus on high-tech aerospace service
United Technologies Corp. has announced it will separate its Connecticut-based Sikorksy Aircraft business as it exits the helicopter business.
FTC says cement makers Holcim and Lafarge will sell some assets to complete deal
U.S. antitrust regulators say Holcim and Lafarge agreed to sell assets including cement plants and transportation assets to complete their merger, which will make the world's largest cement company.
Dean Foods combining regional milk brands under the national "DairyPure" label
Dean Foods will place all of its regional milk labels under one brand as part of a move to boost its business and tout the quality of its product.
Coventry lottery plant to close, lay off 44 workers after $6.4 billion gaming company merger
A plant that makes lottery ticket vending machines will be closing its doors and laying off 44 employees following the merger of two gaming companies.
CBRE says it plans to buy global workplace solutions unit of Johnson Controls for $1.475B
CBRE Group Inc. said Tuesday that it will pay $1.475 billion in cash to buy a unit of Johnson Controls Inc. that manages spaces for corporations.
Lumber Liquidators, Kraft, Lexmark, Apollo Education and Francesca's are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Lumber Liquidators Holdings Inc., up $3.03 to $31.86 The U.S. Consumer Product Safety Commission is investigating the safety of the company's laminate flooring made in China.
US-based Alcoa says it will cut production, pursue sale to government of Suriname refinery
Alcoa has announced plans to cut production at the Suralco alumina refinery in Suriname and to pursue a sale to the government of the South American country.
Utility to sell hydro, fossil fuel plants, estimated to save customers at least $300M
New Hampshire's largest utility has agreed to sell its power plants after months of negotiations with state officials, saying it will save customers at least $300 million.
Daimler spending $500 million for van plant in South Carolina; will create 1,300 jobs
Daimler AG says it will spend about $500 million and create 1,300 jobs with a new plant near Charleston that will build its Sprinter vans.
Power plant seeks to block latest Revel casino sale and have trustee liquidate the property
A power plant at the heart of two failed deals to sell Atlantic City's former Revel casino wants a bankruptcy court judge to cancel the latest proposed sale and appoint a trustee to liquidate the property instead.
Prisons' move to privatize inmate medical treatment spotlights tough choices in ensuring care
Months after he landed in Florida's Manatee County Jail, Jovon Frazier's pleas for treatment of the intense pain that radiated from his left shoulder to his elbow were met mostly with Tylenol.
Verso Paper Corp. acquires larger rival NewPage Holdings for $1.4B, affecting 2 Maine mills
Tennessee-based Verso Paper Corp. has announced the completion of its acquisition of its larger rival NewPage Holdings in a $1.4 billion deal.
Tribune Media sells Baltimore property holding Baltimore Sun printing facility for $46.5M
Tribune Media sold a 60-acre parcel of land where the printing facility for the Baltimore Sun is located for $46.5 million.
US Virgin Islands legislators reject bill to sell Hovensa oil refinery
Legislators in the U.S. Virgin Islands have rejected a proposal to sell the former Hovensa oil refinery in St. Croix.
Thai seafood processor reaches deal to buy tuna seller Bumble Bee Seafoods
Thai Union Frozen Products is acquiring Bumble Bee Seafoods, a major seller of canned tuna in the United States, for $1.5 billion.
Union files federal lawsuit to block sale of Verso Paper mill in Bucksport, save jobs
A union representing some workers at the 84-year-old Verso Paper mill has filed a federal lawsuit to halt the sale of the facility.
CEOs selling in year's 10 biggest deals to get $430M in 'golden parachute' pay: Equilar study
This year's flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine.
Actavis to spend $66 billion on Botox-maker Allergan, which has fought takeover by Valeant
Actavis is paying $66 billion to buy fellow drugmaker Allergan in a deal that could finally end a months-long takeover battle waged by Valeant Pharmaceuticals for the Botox maker.
US Virgin Islands finds buyer for former Hovensa oil refinery
The U.S. Virgin Islands' governor says the owners of the former Hovensa oil refinery in St. Croix have found a buyer.
Freeport-McMoRan selling 80 pct. of stake in Chilean mine for at least $1.8B to Lundin
Freeport-McMoRan Inc. is selling 80 percent of its stake in a copper and gold mine in Chile for at least $1.8 billion.