FOX News: Business

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Updated: 42 min 13 sec ago

Medtronic first-quarter profit tops expectations

Tue, 08/19/2014 - 7:58am
Medtronic Inc on Tuesday reported first-quarter earnings that exceeded analyst expectations on stronger U.S. sales of its medical devices.
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BHP unveils spin-off but disappoints with no buyback

Tue, 08/19/2014 - 7:53am
The top global miner will spin off a roughly $16 billion company to shareholders, offloading assets it acquired in its 2001 merger, to focus on its strongest unit.
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Strong spring sales help Home Depot beat estimates

Tue, 08/19/2014 - 7:47am
The world's largest home improvement chain posted better-than-expected same-store sales as customers spent more time on home repairs.
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Dick's Sporting Goods Shares Rally Premarket After Profit Exceeds Forecasts

Tue, 08/19/2014 - 7:46am
Shares of Dick's Sporting Goods ran up 6.2% in premarket trade Tuesday after the sporting goods retailer reported better-than-expected fiscal-second quarter profit.
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The kale craze creeps into beauty products in face masks, creams and nail polish

Tue, 08/19/2014 - 7:42am
Kale has crept out of salads and juicers into beauty products from niche and mainstream sellers.
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U.S. Stocks: Futures Up With CPI, Housing Starts Ahead

Tue, 08/19/2014 - 7:40am
Equity futures were higher as investors awaited data expected to show slowing inflation and faster home building.
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KPS Capital to sell Wisconsin-based foundry to Hitachi Metals for $1.3 billion in cash

Tue, 08/19/2014 - 7:38am
Private equity firm KPS Capital Partners plans to sell automotive industry supplier Waupaca Foundry Inc. to Japan's Hitachi Metals Ltd. for $1.3 billion in cash.
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Elizabeth Arden Shares Fall 8% As Profit, Sales Fall Short Of Estimates

Tue, 08/19/2014 - 7:34am
Elizabeth Arden Inc. shares slumped more than 8% in premarket trade Tuesday, after the cosmetics company reported weaker-than-expected profit and sales for its fiscal fourth quarter, and warned of more headwinds in fiscal 2015.
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Medtronic Profit Exceeds Expectations

Tue, 08/19/2014 - 7:29am
Medtronic Inc. reported early Tuesday fiscal first-quarter profit of $871 million, or 87 cents a share, down from $953 million, or 93 cents a share in the year-earlier period.
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Brita recalling children's water filter bottles due to potential laceration hazard

Tue, 08/19/2014 - 7:22am
Brita is recalling approximately 242,500 children's water filter bottles due to a possible laceration hazard.
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NFL promotes Peter O'Reilly to run events, including Super Bowl

Tue, 08/19/2014 - 7:04am
The NFL has hired Peter O'Reilly as senior vice president of events.
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Dwayne 'The Rock' Johnson set for DC Comics film; still deciding between Shazam and Black Adam

Tue, 08/19/2014 - 7:02am
Dwayne "The Rock" Johnson says he will play a role in an upcoming DC Comics movie adaption but has yet to decide between superhero Shazam and his arch-nemesis Black Adam.
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China fines Japanese ball bearing maker NSK $28.2 million in anti-monopoly case

Tue, 08/19/2014 - 7:00am
A Japanese auto parts supplier, NSK, says it has been fined by Chinese anti-monopoly regulators in a growing investigation of the industry.
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Amusement park apologizes to former Marine for not allowing him inside because of gun shirt

Tue, 08/19/2014 - 6:59am
A former Marine who wasn't allowed into an amusement park because he was wearing a shirt with a red, white and blue rifle pictured on it has been given an apology.
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CBS analyst Phil Simms and NBC's Dungy tell AP they will try not to use 'Redskins' on TV

Tue, 08/19/2014 - 6:56am
Two influential NFL voices — including CBS lead analyst Phil Simms, who will handle Washington's Week 4 game — said Monday they likely won't use the term "Redskins" when discussing the franchise.
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Willie Nelson, Neil Young to headline anti-Keystone XL oil pipeline concert in Nebraska field

Tue, 08/19/2014 - 6:53am
Willie Nelson and Neil Young will headline a concert next month in a Nebraska cornfield organized by opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast.
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House ethics panel to continue investigating Wisconsin congressman's stock portfolio

Tue, 08/19/2014 - 6:52am
The House Ethics Committee said Monday it will continue investigating a Wisconsin congressman's stock dealings following a media report that that raised questions about his portfolio.
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US consumer prices expected to show moderation in July, reflecting falling gas prices

Tue, 08/19/2014 - 6:32am
The Labor Department reports on U.S. consumer prices in July.
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Home Depot 2nd-quarter profit rises 14 percent, tops estimate

Tue, 08/19/2014 - 6:22am
Home Depot Inc. (HD) on Tuesday reported profit that increased by 14 percent in its fiscal second quarter, and topped analysts' expectations.
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Home Depot Posts Above-expected Results, Raises Outlook

Tue, 08/19/2014 - 6:21am
Home Depot Inc. on Tuesday said second-quarter net earnings were $2.05 billion, or $1.52 a share, up 14% from $1.8 billion, or $1.24 a share, in the same period a year ago.
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