Corporate News

The Latest: Appeals court tosses award in talcum powder case

Oct 17, 2017

A spokeswoman for Johnson & Johnson says the company is pleased with a Missouri appeals court ruling that threw out a $72 million award for an Alabama woman who claimed the company's talculm powder contributed to her ovarian cancer

Ex-Pennsylvania firm's CFO gets probation in Humvee fraud

Oct 17, 2017

A Pittsburgh man who helped a defense contractor in a $6 million scheme to overcharge the Department of Defense for Humvee window kits has been sentenced to three years' probation

Johnson & Johnson tops Street 3Q forecasts, hikes forecast

Oct 17, 2017

Johnson & Johnson beats Wall Street expectations but net income drops 12 percent on higher costs

UnitedHealth beats 3Q forecasts, helped by Optum growth

Oct 17, 2017

UnitedHealth Group says third-quarter earnings soared 26 percent and beat Wall Street expectations, as a growing Optum business segment once again helped the nation's largest health insurer

Goldman Sachs' results beat forecasts despite trading drop

Oct 17, 2017

Goldman Sachs' third-quarter profits fell 3 percent from a year earlier, as the trading desks at Wall Street's biggest investment bank were weighed down by a slow summer that also affected most of its competition

Global stocks mixed amid upbeat corporate earnings

Oct 17, 2017

Global stocks are mixed amid upbeat corporate earnings report and as China prepared to open a key political meeting

Wealth management drives Morgan Stanley's profit higher

Oct 17, 2017

Investment bank Morgan Stanley is reporting a 12 percent rise in third-quarter earnings as the firm's wealth management arm was able to earn more money despite a slow summer

Ex-Guatemalan president says he's innocent in graft case

Oct 17, 2017

Former Guatemalan President Otto Perez Molina has told a judge he is innocent of the corruption charges against him

The Latest: Callista Gingrich confirmed as Vatican envoy

Oct 16, 2017

The Republican-led Senate has confirmed Callista Gingrich's nomination to be U.S. ambassador to the Vatican

Sears' shares fall after key shareholder plans to quit board

Oct 16, 2017

Sears' shares fall after key shareholder plans to quit board

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