Deere profit rises 23 percent
CHICAGO (Reuters) - Deere & Co. said on Wednesday its net earnings in the latest quarter rose a better-than-expected 23 percent, driven by strong overseas sales of tractors and other equipment.
Inflation edges up slightly in July
NEW YORK (Reuters) - U.S. consumer prices edged up in July while a measure of manufacturing activity in New York this month dipped slightly, according to data released on Wednesday that was unlikely to sway an inflation-wary Federal Reserve.
Macy's shares fall after outlook cut
ATLANTA (Reuters) - Retailer Macy's Inc. posted a lower quarterly profit and cut its full-year outlook on Wednesday, sending its shares down.
Futures decline as Dow clings to 13,000
NEW YORK (Reuters) - Stock index futures pointed to a weaker market open on Wednesday, with the Dow in danger of falling below 13,000 on mounting credit problems.
Whole Foods probes FTC release of information
NEW YORK (Reuters) - Organic and natural foods grocer Whole Foods Market Inc. said late on Tuesday it is investigating the release of proprietary business information by the U.S. Federal Trade Commission, which it claimed violated a court confidentiality order.
Heinz sees quarterly profit above Wall Street view
NEW YORK (Reuters) - Ketchup maker H.J. Heinz Co. said on Wednesday it expects to report fiscal first-quarter earnings per share of 62 cents to 63 cents, above analysts' estimate, helped by the launch of new products, increased marketing and the weak dollar.
Sara Lee quarterly profit beats estimates
CHICAGO (Reuters) - Sara Lee Corp. reported a better-than-expected quarterly profit on Wednesday as increased marketing spending helped spur higher sales in most of its businesses.
Exchanges trying to get help for Sentinel: CFTC
WASHINGTON (Reuters) - U.S. futures exchanges are trying to get other futures companies to step in and ease Sentinel Management Group Inc's concerns about client redemptions, a Commodity Futures Trading Commission official said on Tuesday.
Bear Stearns in talks to buy Ford unit in India
LONDON/MUMBAI (Reuters) - Bear, Stearns & Co. Inc. is in talks to buy a Ford Motor Co. financing unit in India as a way to secure an additional license to beef up what it can offer clients in that expanding market.
Ethan Allen same-store sales slightly up
NEW YORK (Reuters) - Furniture maker and retailer Ethan Allen Interiors Inc. said on Wednesday its retail written sales at stores open at least a year were "modestly up" in June and July.
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