Canada May Retail Sales Up Less Than Expected
Canadian monthly retail sales bounced back less than expected in May as dealers sold fewer new cars and gasoline prices fell, but consumers spent more on food, alcohol, clothing and furniture, boosting ex-auto sales by the most since last October.
Paccar 2nd-Quarter Net Rises 24%; Co Predicts Weaker 2012 Truck Orders
Paccar Inc.'s (PCAR) second-quarter earnings jumped 24% even as the heavy-duty truck maker posted a double-digit increase in truck revenue and a more-modest increase at its financial-services business.
Altria 2nd-Quarter Net Doubles on Higher Prices; Co Raises Year View
Altria Group Inc.'s (MO) second-quarter earnings more than doubled on higher smokeless volume and as domestic cigarette shipments outperformed the broader industry, while the prior-year period included a steep tax-related charge.
Sudan, South Sudan Still Far From Reaching Deal
KAMPALA, Uganda--Sudan and South Sudan look to still be far from a deal that would allow the resumption of vital oil output, after Khartoum's rejection of an offer of concessions was described by Juba as being in bad faith.
Barclays Sells Sweden Tricorona Back to Management
Barclays PLC (BCS) Tuesday said it sold Swedish carbon-credits trading business Tricorona back to the company's management, two years after buying it for GBP98 million in mid-2010.
Avery Dennison's 2Q Results: Postgame Scorecard
For the second quarter, Avery Dennison (NYSE:AVY) saw a decline in net income.
Zillow: U.S. Home Prices Have Bottomed Out
U.S. home prices rose mildly on an annual basis in the second quarter, the first increase since 2007, according to real-estate website Zillow.
UPS Posts Disappointing 2Q Earnings, Cuts Outlook
United Parcel Service's profit rose, but missed estimates, and the company lowered its full-year outlook citing uncertain global economic conditions.
Illinois Tool Works 2Q Results: Postgame Scorecard
Illinois Tool Works' (NYSE:ITW) net income rose and exceeded Wall Street expectations in the second quarter.
Air Products and Chemicals' 3Q Results: Postgame Scorecard
With a rise in net income, Air Products and Chemicals (NYSE:APD) beat Wall Street forecasts in the third quarter.