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Stories with subject: Corporate news
  • Delta navigates nasty winter, tops profit forecast 
    Updated: Apr-23-14 8:47 am
  • DALLAS - Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel.

  • Kemper Co. official: Pharma Pac headed for closure 
    Updated: Apr-23-14 8:43 am
  • JACKSON, Mississippi - A Kemper County drugmaker has laid off most of its remaining employees, making it likely that it will shut down while owing the state economic development money.

  • Former western NY WWII shipyard being sold 
    Updated: Apr-23-14 8:35 am
  • GREECE, New York - A former Rochester-area shipyard that produced tankers for the U.S. military during World War II could be redeveloped as a shopping plaza.

  • Faster production brings Boeing $965M 1Q profit 
    Updated: Apr-23-14 8:32 am
  • Boeing's increased rate of commercial jet manufacturing is starting to pay off for shareholders.

  • Dow Chemical 1Q net income jumps 
    Updated: Apr-23-14 8:28 am
  • MIDLAND, Michigan - Dow Chemical said Wednesday its first-quarter net income jumped 75 percent, helped by easy comparisons to a prior-year period weighed down by hefty one-time charges.

  • Keflezighi's Boston win a boost for shoe sponsor 
    Updated: Apr-23-14 8:25 am
  • The Boston Marathon champion crossed the finish line wearing sneakers from Skechers, not exactly a brand associated with sports.

  • TD Ameritrade fiscal 2Q profit jumps 35 percent 
    Updated: Apr-23-14 8:08 am
  • OMAHA, Nebraska - Online brokerage TD Ameritrade says brisk stock trading in the first three months of the year lifted its quarterly profit 35 percent.

  • Procter & Gamble 3Q profit edges up, revenue slips 
    Updated: Apr-23-14 8:02 am
  • CINCINNATI - Procter & Gamble Co.'s fiscal third-quarter net income rose 2 percent as it cut costs to offset sluggish sales in categories like beauty and family products.

  • Reynolds American 1Q profit falls more than 28 pct 
    Updated: Apr-23-14 8:01 am
  • RICHMOND, Virginia - Reynolds American Inc.'s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs.

  • Ovation guitar factory in Conn. closing 
    Updated: Apr-23-14 7:49 am
  • NEW HARTFORD, Connecticut - An Ovation guitar factory in the western Connecticut hills that has produced instruments for music legends from Paul Simon to Cat Stevens to Glen Campbell will be closing after 47 years.

  • Natural gas pipeline subcontractor sues 
    Updated: Apr-23-14 7:22 am
  • AUGUSTA, Maine - Another federal lawsuit has been filed in connection with the installation of a natural gas pipeline in the Kennebec Valley.

  • Felman Production workers OK contract revisions 
    Updated: Apr-23-14 7:11 am
  • NEW HAVEN, West Virginia - Felman Production CEO Mordechai Korf says the idled Mason County manufacturer is one step closer to resuming operations.

  • EXCHANGE: Marketing becomes important to farms 
    Updated: Apr-23-14 6:54 am
  • CONGERVILLE, Illinois - Congerville farmer Henry Brockman admits he doesn't understand Facebook. "I've never seen Facebook with my own eyes," said Brockman, whose business is called Henry's Farm. Yet the Henry's Farm Facebook page is updated frequently by his sister, Terra Brockman. Marketing online and in person has become more important for small farms that do everything from sell at local farmers' markets to produce for large companies, said Atina Diffley, a Minnesota organic farmer and educator who spoke during the recent Central Illinois Sustainable Farming Network annual meeting last month in Bloomington. Since small farmers compete with large grocery chains, branding and marketing their farm and maintaining relationships with customers is an important part of business, she said.

  • Utility says it's committed to plant site reuse 
    Updated: Apr-23-14 6:53 am
  • MUSKEGON, Michigan - Officials with Consumers Energy said they're committed to helping find a new use for the site of a coal-fired power plant in western Michigan that's scheduled to close in two years.

  • SD tribe invokes treaties against new uranium mine 
    Updated: Apr-23-14 6:17 am
  • PIERRE, South Dakota - The Oglala Sioux Tribe in southwestern South Dakota is invoking federal treaties and international agreements in protest of a proposed uranium mine in the western part of the state.

  • Pa. township, firm settle suit over seismic tests 
    Updated: Apr-23-14 6:14 am
  • PITTSBURGH - A western Pennsylvania township has settled a lawsuit over seismic testing following a federal judge's ruling that it couldn't interfere with a Texas company using public roads for the tests.

  • Norfolk Southern railroad to report 1Q earnings 
    Updated: Apr-23-14 5:07 am
  • OMAHA, Nebraska - Norfolk Southern investors will learn how the harsh winter affected the railroad Wednesday when the company releases its first-quarter earnings report.

  • TD Ameritrade reports fiscal 2Q earnings Wednesday 
    Updated: Apr-23-14 5:05 am
  • OMAHA, Nebraska - Online brokerage TD Ameritrade will release its fiscal second-quarter earnings report Wednesday morning.

  • Luxury automakers scramble to woo young Chinese 
    Updated: Apr-23-14 4:42 am
  • BEIJING - At age 32, Jason Jia already is the kind of customer luxury automakers are seeking as competition grows in China's lucrative but crowded market.

  • Ericsson in $260 million first-quarter profit 
    Updated: Apr-23-14 2:25 am
  • STOCKHOLM - Wireless equipment maker Ericsson says first-quarter profit increased to 1.7 billion kronor ($260 million) mainly because of restructuring and licensing income even as revenue fell by 9 percent compared to the same period a year earlier.

  • Toyota sells 2.58 million vehicles, outselling GM 
    Updated: Apr-23-14 2:17 am
  • TOKYO - Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.

  • Asia shares mixed on lackluster China data 
    Updated: Apr-23-14 12:10 am
  • TOKYO - Shares were mixed in Asia on Wednesday, as weak data from China sapped upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector.

  • China Mobile profit down 9.4 percent 
    Updated: Apr-22-14 11:28 pm
  • BEIJING - China Mobile Ltd., the world's biggest phone carrier by number of subscribers, said Wednesday its quarterly profit declined 9.4 percent from a year earlier despite a rise in customer numbers as spending per account declined.

  • Court grills prosecutor over insider trading cases 
    Updated: Apr-22-14 9:00 pm
  • NEW YORK - A federal appeals judge put a prosecutor on the defensive over the government's approach to insider trading cases on Tuesday, questioning the message it sends Wall Street as it scores successes including 80 convictions over the last six years.

  • No solution in sight for China shoe factory strike 
    Updated: Apr-22-14 8:55 pm
  • BEIJING - Workers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer in an ongoing labor dispute that is crimping production for brands such as Nike and Adidas.