Business

Honeywell International Inc (HON.N), which makes airplane cockpit parts and a host of other electronics and equipment, reported a 4 percent increase in quarterly profit on Friday. The company posted third-quarter net income of $990 million, or $1.24 per share,...

An investigation by Indian authorities into whether Wal-Mart Stores Inc violated local investment rules in 2010 has been referred to the country's central bank, officials familiar with the matter said. Last year, the Reserve Bank of India asked the enforcement...

SAN FRANCISCO, October 17, (THEWILL) –  Major brands have continued to explore the power of innovation to maintain a competitive position among their peers globally. Brands such as Apple, Samsung, Coca-Cola, Unilever, Google, Intel, Toyota and a host of...

The trading arm of Nigeria's state oil company has suspended gasoline imports, market sources in the region said, after over-buying in the wake of a fuel subsidy scandal last year. Gasoline gluts have occurred in the past off Nigeria, but...

The number of Americans filing new claims for unemployment benefits dropped from a six-month high last week, but remained elevated as California continued to deal with a backlog related to computer problems. Initial claims for state unemployment benefits fell 15,000...

Goldman Sachs Group Inc's (GS.N) third-quarter profit fell 2 percent as weak bond-trading volumes hit revenue in its biggest business, pushing down the bank's shares in premarket trade. Revenue from Goldman's fixed income, currency and commodities (FICC) business, which undertakes...

Verizon Communications Inc on Thursday posted stronger- than-expected third-quarter earnings and revenue on strong wireless growth, sending its shares up 2.4 percent in early trade. While the company's wireless customer growth numbers were slightly below Wall Street estimates, its Verizon...

Bank of America Corp (BAC.N) reported a third-quarter profit of $2.22 billion, compared with a loss a year earlier, as provisions for credit losses and expenses fell. The second-largest bank earned 20 cents per share in the three months to...

BlackRock Inc (BLK.N), the world's largest money manager, said on Wednesday that its third-quarter profit rose 15 percent, citing market growth and strong global demand from its retail and institutional clients. The New York-based asset manager reported net income of...

PepsiCo Inc (PEP.N) reported higher quarterly earnings on Wednesday and said it was on track to meet its financial goals for the year, despite a sluggish economy. The maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice said net income was...