Reynolds American Inc. (RAI), the producer of Camel cigarettes, is closing in on a purchase of Lorillard Inc. (LO) and may announce a deal as soon as next week with the blessing of British American Tobacco Plc (BATS), people with knowledge of the matter ...
The discount retailer Family Dollar, under pressure from the activist investor Carl C. Icahn to sell itself, said its profit fell by a third as competition intensified and the company cleared inventory ahead of planned store closings.
Investors' radar screens have long been clear of the one blip guaranteed to sound the alarm in financial markets: interest rate rises by central banks.
MANDAREE, N.D. (AP) - A company official says the path of saltwater that spilled from a pipeline in western North Dakota extends for nearly 2 miles and has left behind a 200-yard-long stretch of dead vegetation.
Indian outsourcing company Infosys reported a 15 percent increase in quarterly profit on Friday and maintained its revenue growth forecast.