NEW YORK— Carlisle Cos. said Wednesday that it will pay $590 million to buy a Graco Inc. business unit that makes spray guns used to stain, paint or coat cars, wood surfaces and airplanes. Graco, which makes sprays and pumps for the construction and manufacturing industries, had to sell the business to meet rules set by the Federal Trade Commission after it purchased...
As governments crack down on tax-driven profit-shifting, the IRS is asserting that a loan used by Illinois Tool to bring foreign cash from a Bermuda- based subsidiary into the United States was not a tax-free transaction. Instead, the IRS argues that the transaction was a repatriation of foreign profits equivalent to a taxable dividend-style distribution.
Markets lose early momentum amid a sell-side imbalance in stock for sales at the close. Fed's Richard Fisher's comments weigh too.
Higher interest rates are a boon to banks, semiconductor firms are soaring, and Goldman's brass weigh in on high-frequency trading.
Carlyle Group is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, sources said.
Federal Reserve Chairman Ben Bernanke presides over his final meeting this week and already markets are putting his successor to the test.
Some of the names on the move ahead of the open.
Corporate America's third quarter report card is not great, but it's good enough to keep stocks moving higher.
It looks like the market is stalling, said Cramer. What, if anything, can drive it higher?
While there is not yet a "Great Rotation" out of bonds and into stocks, there is certainly a 'mini-rotation.' But into...what?
Dozens of company earnings are due on Tuesday, including Dupont, UPS, Lockheed Martin and AT&T, but none are as anticipated as Apple's.
The "Fast Money" traders share their final trades of the day.
Good day for earnings, big industrials leave full-year guidance unchanged.
The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
Good news to see some cyclicals (Materials, Energy, Tech) trading up; not good to see all 20 Dow Transports down earlier in the day.
A spring swoon? Over the weekend, there was a lot of chatter about whether this was the start of a more serious market correction.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
GLENVIEW, Ill.-- Illinois Tool Works Inc. said on Monday that CEO David Speer is taking a leave of absence because of health concerns, and it named Vice Chairman E. Scott Santi as acting CEO. Spokeswoman Alison Donnelly declined to provide any details about Speers' condition.
BRUSSELS, Oct 12- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --U.S. technology distributor Ingram Micro Inc to acquire rival BrightPoint Inc. OCT 22-- OAO VTB Bank and Corporate Commercial Bank.
BRUSSELS, Oct 11- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --U.S. machinery maker Terex and Russian auto maker GAZ, which is controlled by Russian business conglomerate Basic Element Group, to set up a joint venture. OCT 22-- OAO VTB Bank and Corporate Commercial Bank.