IBT Staff Reporter

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Johnson Controls sees higher FY sales, earnings

Johnson Controls Inc said on Tuesday that it expected higher sales in each of its divisions next year as global auto production recovers, U.S. stimulus efforts pay off and emerging markets improve.
Oct 13, 2009

GM CEO says possible to sign Opel deal this week

General Motors Co GM.UL may finalize a deal this week to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium, its chief executive said on Tuesday, as the firm sheds unwanted brands.
Oct 13, 2009

Charlize Theron cancels Tourist trip

Charlize Theron has opted out of the thriller The Tourist, to which she has long been attached, and sources say Angelina Jolie is in talks to replace her.
Oct 13, 2009

Cargill first-quarter profit falls on Mosaic results

U.S. agribusiness and trading company Cargill Inc reported a 65 percent drop in quarterly profit on Tuesday, hurt by plunging earnings at fertilizer maker Mosaic Co, in which Cargill is the majority shareholder.
Oct 13, 2009

Healthy neighborhoods cut type 2 diabetes risk

If you are what you eat, you may also be a product of where you live: Living in a neighborhood where it's pleasant and easy to walk and fresh fruits and vegetables are close at hand can slash a person's
Oct 13, 2009

J&J profit beats, but sales fall short

Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.
Oct 13, 2009

Stock futures lower after J&J misses sales forecasts

Stock futures turned mostly lower on Tuesday as Johnson & Johnson's third-quarter sales figures disappointed investors, offsetting a lift from higher commodity prices that rose with the weaker U.S. dollar.
Oct 13, 2009

Vacuum cleaner icon Dyson takes aim at room fans

British entrepreneur James Dyson, who famously brought sex appeal to the lowly household vacuum cleaner, is back with another high-tech invention: but does the world really need a $300 room fan?
Oct 13, 2009

Sidewalks, parks, farm markets cut diabetes risk

People who live in neighborhoods with safe sidewalks, ample parks, good public transportation and ready access to fresh fruits and vegetables are 38 percent less likely to develop diabetes than others, U.S. researchers said on Monday.
Oct 13, 2009

Sickest swine flu patients require heroic measures

Once swine flu patients are sick enough to need hospital care, they decline very fast, requiring ventilators and advanced treatments that quickly strain scarce hospital resources, several teams reported on Monday.
Oct 13, 2009

Zombieland director weighs flurry of offers

With the undead of Zombieland stalking the box office, one person involved with the picture may be enlivened more than any character on the screen: director Ruben Fleischer.
Oct 13, 2009

BofA agrees to give SEC more details on Merrill

Bank of America Corp agreed to give regulators more information about why it refrained from disclosing details about Merrill Lynch's performance before it bought the investment bank, federal regulators said on Tuesday.
Oct 13, 2009

New Michael Jackson single appears old

Michael Jackson's new single This Is It was released online and on radio on Monday but fans and music experts quickly spotted striking similarities to an 18-year-old recording.
Oct 13, 2009

U.S. Chaparral Energy, United Refining to merge

Privately owned U.S. oil and gas producer Chaparral Energy Inc and United Refining Energy Corp, a special-purpose acquisition company, will merge and transfer its listing to the New York Stock Exchange.
Oct 13, 2009

Stock futures flat after J&J results

Stock futures were flat on Tuesday as a weaker U.S. dollar helped lift commodity prices and Johnson & Johnson's third-quarter sales figures disappointed investors.
Oct 13, 2009

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