Reynolds American said Tuesday its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in cigarettes sold.
UPS is sacrificing some short-term profits to avoid a repeat of its failure last Christmas to deliver all packages on time.
Smith & Wesson has agreed to pay $2 million to settle civil charges of bribing government officials in Pakistan, Indonesia and other countries to win business.
Herbalife on Monday reported profit that decreased by 17 percent in its second quarter, falling short of analysts' expectations.
Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster.
Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
Tyson Foods plans to sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt from its recently announced acquisition of Hillshire Brands.
Virgin America had been unprofitable until last year, when it had earnings of $10.1 million.
Dollar Tree is buying up Family Dollar for $8.5 billion, giving it a wider reach in the fight for deal-seeking customers.
Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer.
A market trading unit of Citigroup will pay $5 million to settle Securities and Exchange Commission charges that it failed to protect the confidentiality of customer trading data.
Drugmaker AbbVie's second-quarter profit beat analysts' expectations as sales soared for the world's top-selling drug, Humira.
Marijuana and hemp have joined wacky paint colors and unsightly fences as common neighborhood disputes facing homeowners' associations.
NORWALK, Conn. (AP) — Document management company Xerox Corp. (XRX) on Friday reported profit that declined by 1.9 percent in its second quarter, and beat analysts' expectations. The Norwalk, Connecticut-based company said net income dropped to $266 million, or 22 cents per share, from $271 million, or 21 cents per share, in the same quarter a year earlier. Earnings, adjusted for amortization ...
NEW YORK (AP) — Moody's Corp. (MCO) on Friday reported net income that increased by 42 percent in its second quarter, and topped analysts' expectations. The New York-based company said profit rose to $319.2 million, or $1.48 per share, from $225.5 million, or $1 per share, in the same quarter a year earlier. Earnings, adjusted for non-recurring gains, came to $1.12 per share. The average ...