Mark Hirschey / Wikimedia CommonsBerkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings. Many changes had been made in the June quarter and Mr.…
thinkstockSiemens A.G. (NYSE: SI) released strong earnings for its fiscal fourth quarter and outlined plans to lower costs by six billion euros by 2014. At its current pace and with strategic plans on expenses,…
courtesy of ArcelorMittalArcelorMittal (NYSE: MT) reported third-quarter 2012 results before markets opened this morning. For the quarter, the mining and steel making giant posted a net loss of $0.46 per share on revenues of…
Environmental cleanup firm Clean Harbors Inc. (NYSE: CLH) announced on Monday that it has signed a definitive agreement to acquire privately held Safety-Kleen Inc. in an all-cash deal worth $1.25 billion. Safety-Kleen is a…
courtesy Mohawk Industries Inc.The largest U.S. maker of carpets and floor coverings, Mohawk Industries Inc. (NYSE: MHK) said today that it would acquire Sweden’s laminated flooring maker Pergo for $150 million in cash. The…
Oshkosh Corp. (NYSE: OSK) this morning reported higher fourth-quarter profit and reaffirmed its 2013 outlook. The Wisconsin-based truck maker posted adjusted earnings per share (EPS) of $0.65 on revenues of $2.06 billion for the…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) is still out elephant hunting. He told CNBC’s Becky Quick this morning that he has made a record number of small bolt-on acquisitions. What he has…
3M Co. (NYSE: MMM) and Illinois Tool Works Inc. (NYSE: ITW) this morning each posted higher profits than a year ago, but revenues missed consensus estimates. The St. Paul, Minn.-based conglomerate posted adjusted earnings…
General Electric Co. (NYSE: GE) recently discussed its ambitious digital media plans. Left out of the discussion was the deep dissatisfaction about the firm’s management and performance born of years of earnings that have been…
Caterpillar Inc. (NYSE: CAT) this morning reported record third-quarter results that included a pretax gain of $273 million. The Peoria, Ill.-based heavy equipment manufacturer posted adjusted earnings per share (EPS) of $2.54 on revenues…
Honeywell International Inc. (NYSE: HON) this morning reported a better-than-expected third-quarter profit as a boom in natural gas drilling offset weakness in Europe. The New Jersey-based diversified manufacturer posted adjusted earnings per share (EPS)…
In early September, activist investor Carl Icahn demanded four seats on the board of Navistar International Corp. (NYSE: NAV), calling the appoint of Lewis Campbell as chairman and interim CEO “worse than ill-advised.” The…
General Electric Co.’s (NYSE: GE) current management never has liked being reminded of the conglomerate’s share price when superhero CEO Jack Welch left almost 12 years ago. Shares traded at approximately $37 when he departed…
Manufacturing activity in China stabilized in September after hitting a nine-month low in August, a survey of factory managers showed. HSBC/Markit China manufacturing PMI flash estimate for September improved slightly from 47.6 in August…
When you see the largest deal of a kind announced ever along with it being worth more than $1 billion, it may cause some heads to turn. Be advised that it takes many more…