| Jul 22, 2014
| 2:31 PM
Net profits for United Technologies Corp. rose 8 percent in the second quarter, to $1.7 billion, the company reported Tuesday.
Sales increased 7 percent, to $17.2 billion, with less than half of the gain from organic growth. The bulk of the increase...
| Jul 22, 2014
| 4:13 PM
The purchase of Nokia’s mobile-phone unit cut into Microsoft’s profit, but a surging cloud business and a new effort to launch its applications on a greater number of gadgets kept analysts optimistic about the company’s prospects....
| Jul 3, 2014
| 6:18 AM
U.S. employers added a robust 288,000 jobs last month and the unemployment rate fell to a six-year low of 6.1%, the government reported Thursday.
The net job growth in June exceeded analysts' expectations and signaled a strengthening labor market as the...
| Jul 10, 2014
| 8:09 AM
Shares of Chicago-based Potbelly Corp. lost roughly one-fourth of their value in Thursday morning trading, the day after the sandwich chain gave a bleak report on its latest quarter and slashed its expectations for the year.
Some Wall Street analysts...
| Jul 10, 2014
| 5:34 AM
Accretive Health Inc. has named Dr. Emad Rizk, president of McKesson Health Solutions, as its new chief executive and president, the company said Thursday morning. The appointment is effective July 21.
Rizk has served as president of McKesson Health...
| Jul 11, 2014
| 6:18 PM
With solid quarterly results, Wells Fargo & Co. showed why it has become a darling of banking investors, but it also raised a crucial question:
How can the San Francisco financial giant continue its hot stock performance at a time when economic growth...
| Jun 24, 2014
| 10:38 AM
Following a wave of calamities at sea, Carnival Corp. reported strong profit and revenue in its fiscal second quarter, with bookings for the rest of the year on pace to surpass last year's numbers.
For the three months ended May 31, Carnival reported...
| Jun 25, 2014
| 4:30 PM
Citing strong reactions to its plans for launching three digital networks, Cinedigm topper Chris McGurk is promising a robust expansion of its streaming services.
McGurk made the assertion Wednesday as part of Cinedigm's earnings report for its fourth...
| Jun 26, 2014
| 2:40 PM
McCormick & Co. saw its profit jump nearly 8 percent in the second quarter amid higher sales to consumers as well as to food manufacturers and restaurants, the Sparks-based spice maker said Thursday.
But higher-than-expected earnings, mostly driven by...
| Jun 29, 2014
| 6:45 PM
Back in mid-1930s Los Angeles, Hubert Hansen probably never envisioned that his fresh juice business would turn into a monster.
Monster Beverage Corp. of Corona has become a giant in the energy drink industry and may be on track to overtake its...
| Jul 2, 2014
| 10:19 AM
The lackluster economy prompted Gov. Martin O'Malley to propose erasing $84 million in planned spending for next year.
Just a day after the new state budget took effect, O'Malley persuaded the Board of Public Works unanimously to approve a modest set of...