Russia's foreign ministry complained vocally about the sanctions, criticizing the U.S. for "advancing baseless claims" about its role in Ukraine in a "pretentious, prosecutorial manner."
CEO Scott Santi called the business "well positioned for long-term growth," partly due to the...
Some economists think growing strength in the job market and the economy will prod the Fed...
Spectrum Brands Holdings, Inc., a global and diversified consumer products company with market-...
Anixter International Inc. has reported sales of $1.59 billion for the quarter ended July 4, 2014, a 0.4 percent increase compared to the year-ago quarter.
National Oilwell Varco has released historical financials recast with its four new reporting segments: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion and Production Solutions.
Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
Two major U.S. companies — the retail giant Amazon and the credit card processor Visa — both said that the second half of the year was looking more troubled than originally expected.
The IMF projects growth will be just 1.7 percent this year, down from a 2 percent estimate in June. That would make 2014 the weakest year since the recession ended in June 2009.
CEO Michael DeCata attributes some of the upward trend to initiatives to invest in and grow the company's salesforce.
Company CEO John F. Lungren said the strong results are even more notable due to the company overcoming headwinds relating to currency, and a continued volatile environment in emerging markets.
The steadily declining level of layoffs suggests that employers may have to hire even more aggressively and raise pay if they want to expand their businesses.
Wesco's net sales increased 5.9% over the same period last year, with organic sales up 6% and acquisitions positively impacting sales by 1.6%.
Sluggish growth in France, Italy, Russia, Brazil and China suggests that the old truism, "When the U.S. sneezes, the rest of the world catches a cold," may need to be flipped.
ABB has reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014.
Praxair, Inc. reported second-quarter net income of $467 million and diluted earnings per share of $1.58, 5 percent and 6 percent above the prior-year quarter, respectively.
Ingersoll-Rand plc has reported diluted earnings per share (EPS) from continuing operations of $1.13 for the second quarter of 2014.
Natural gas fell to its lowest level in eight months Monday following forecasts that nationwide summer temperatures are expected to be milder than normal.
The price of oil retreated slightly Friday after climbing to near $104 a barrel amid growing geopolitical concerns following the crash of a Malaysian jetliner in Ukraine and another round of U.S. sanctions on Russia.
A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year.
Rising gasoline costs pushed up the prices U.S. companies receive for their goods and services in June, but overall inflation remains tame.
General Electric's net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions.
Honeywell International Inc. (HON) on Friday reported profit that climbed by 7.6 percent in its second quarter, and topped analysts' expectations.
Schlumberger Limited has reported second quarter 2014 revenue of $12.05 billion versus $11.24 billion in the first quarter of 2014, and $11.18 billion in the second quarter of 2013.
Driven by online sales and an improved economy, the U.S. distribution industry is growing, according to the 2014 NAW Institute/McGladrey Distribution Monitor.
The number of people seeking U.S. unemployment benefits fell last week, a steady decline that suggests a strengthening job market.
The economy kept expanding in all regions of the country in June and early July, helped by strength in consumer spending, a Federal Reserve survey released Wednesday indicates.
Watsco, Inc. has reported record results for the second quarter and for the six months which ended June 30, 2014.
The Manufacturer and Distributor Indexes moved in opposite directions for the second straight month, according to the July ISA Economic Indicator Report (EIR) from the Industrial Supply Association.
- Page 1