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Thursday, January 28, 2016
Johnson & Johnson beats Q4 profit views despite lower sales
Johnson & Johnson posted a 28 percent jump in fourth-quarter profit, beating Wall Street expectations, as the sale of part of its now-restructuring medical devices business offset the strong dollar and multiple charges. The results pushed up shares of the Dow component more than 3 percent.
Lockheed Martin separates unit, combines with Leidos
Lockheed Martin is separating its information systems and global solutions unit, combining it with the engineering company Leidos so that it can focus on its remaining aerospace and defense business.
The Royal Bank of Scotland says it is putting aside some 2 billion pounds (US$2.8 billion) as the taxpayer-owned institution continues to tally the costs of misconduct and legal claims.
Procter & Gamble Co. on Tuesday reported a higher quarterly profit that topped expectations as price hikes and cost-cutting offset a decline in sales volume.
Insurer AIG is selling its broker-dealer segment, starting an initial public offering for its mortgage-insurance division and slashing expenses after coming under pressure from activist investor Carl Icahn.
1st China Airlines A350 being prepared at French plant
The first China Airlines (CAL) A350 passenger jet will begin its final assembly at the Airbus plant in Toulouse. Delivery is scheduled for the third quarter of this year. The A350 is the most advanced Airbus passenger jet.
Wednesday, January 27, 2016
Ford is recalling nearly 391,000 Ranger pickups because the driver's air bag inflators can explode with too much force and cause injuries.
LG Electronics posts Q4 losses, smartphone business struggling
LG Electronics reported an unexpected loss in the final quarter of 2015 as its smartphone business struggled.
Johnson Controls and Tyco will combine as the unprecedented pace of buyouts and mergers from last year rolls over into 2016.
The way oil giant Exxon Mobil sees it, the global energy landscape won't be radically different in 2040 than it is today.
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