Shares of truck manufacturer Navistar (NYSE: NAV) traded up 7 percent to $21.76 Thursday.
Navistar reported an $84 million profit for the quarter ended July 31, exceeding analyst expectations.
Jazz Pharmaceuticals (NASDAQ: JAZZ) announced that it has agreed to sell its women's health business to Swedish specialty drug maker Meda AB for $95 million in cash.
Discount retailer Dollar General (NYSE: DG) reported profits on Wednesday that beat expectations. As a result, the company announced that it would be raising its full-year earnings forecast.
Second-quarter same-store sales increased 5.1 percent, while total sales improved 10.4 percent.
FedEx (NYSE: FDX) announced late Tuesday that it was cutting its outlook for the year because of “weakness in the global economy.”
The company said in a statement that earnings for the first quarter ending August 31 are expected to be in the range of $1.37 to
Chrysler (OTC: FIATY), General Motors (NYSE: GM) and Ford (NYSE: F) reported sales figures for August that exceeded expectations.
Much of that success can be put down to the introduction of new vehicles like the Dodge Dart, and revisions to staples like the Ford E
American Airlines and US Airways (NYSE: LCC) are in talks about a possible merger.
If such a merger were to go ahead, it would place that company in the big leagues and create a “Big Three” with United Airlines and Delta (NYSE: DAL).
Delaware will net a $4.2 million settlement as part of a $131 million multi-state settlement with Janssen Pharmaceuticals, a subsidiary of Johnson and Johnson (NYSE: JNJ), it was revelaed late on Thursday.
Social game service provider Zynga (NASDAQ: ZNGA) lost yet another piece of its management on Thursday, as Chief Creative Officer (CCO) Mike Verdu resigned to start his own new gaming company.
It is a dreadful sign for Zynga that its CCO would rather step down and start all over again than remain in what should be a prestigious position at the top
British banking giant Barclays (NYSE: BCS) has named Antony Jenkins, previously the head of the retail and business banking unit, its new Chief Executive Officer.
Jenkins took the job with immediate effect, and he will have to hit the ground running because Barclays has been under a negative spotlight for quite some time now.