Business

P&G Unplugging From Duracell

Procter & Gamble plans to remove its batteries and make Duracell a stand-alone company.


Microsoft Beats Income Expectations

Microsoft surpassed analysts' expectations with net income in the quarter that ended on Sept. 30 of $4.54 billion, equivalent to 54 cents per share.


UPS Ups Hiring to Handle Holiday Surge

UPS is expecting an 11 percent jump in December shipments as the holiday shopping season heats up.


Con-way Will Raise Rates on Monday

Trucking company Con-way said Friday its freight business will raise its rates on Monday.


Chiquita Stockholders Say No to Fyffes Merger

Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world's largest banana supplier.


Sears Denies Store Closings, Layoffs Report

Sears Holdings discredited a report Thursday that says it will be shutting 116 Sears and Kmart stores and laying off more than 6,000 workers.


Amazon May Not See Much Xmas Green

Amazon, the world's largest retailer, gave a disappointing forecast for the crucial holiday quarter.


Pfizer Approves $11 Billion Buyback Plan

Drugmaker Pfizer says it approved the repurchase of $11 billion in company stock.


Cigarette Maker Bans Smoking in Its Offices

Camel cigarette maker Reynolds American told its employees that the use of traditional cigarettes, cigars or pipes will no longer be allowed at desks or offices, conference rooms, hallways and elevators.


Target Offers Free Shipping on All Orders

Target is offering free shipping on all online orders now through Dec. 20.


Comcast Revenues up 4 Percent in Q3

Third-quarter revenue at Comcast Corp. rose 4 percent to $16.8 billion and net income soared 44 percent to $2.6 billion as the company added 315,000 high-speed Internet customers and shed only 81,000 TV customers.


Chiquita Offer Bumped to $14.50 a Share

The day before Chiquita shareholders are set to vote on a proposed merger with Fyffes, two Brazilian firms increased their offer.


Caterpillar Tears Up the Street

Caterpillar's belt tightening paid off in the third quarter as the manufacturer easily beat Wall Street expectations and raised its outlook for the year.


Southwest Airlines Flies High in Q3

More passengers and lower fuel prices are pushing Southwest Airlines to record profits, and the airline expects an even bigger break at the gas pump this winter.


Union Pacific Highballs Profits in Q3

Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and raised its rates.


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