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Business News
US home prices rose 4.9 pct. in May, lifted by strong sales
WASHINGTON (AP) -- U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year....
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Drugmaker Pfizer tops Street 2Q forecasts, raises forecast
Pfizer beat Wall Street expectations for the second quarter and raised its 2015 forecast, as sales of several products helped inoculate the world's second-largest drugmaker against revenue hits from a stronger U.S. dollar and cheaper generic competition....
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Global markets stabilize; US indexes open higher on earnings
NEW YORK (AP) -- U.S. stocks are opening higher after UPS, Ford and other big companies reported earnings gains and as markets in China and Europe stabilized....
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SuperValu may spin off Save-A-Lot into separate company
NEW YORK (AP) -- SuperValu said Tuesday that it may spin off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies....
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DuPont cuts forecast on agriculture sales drop
WILMINGTON, Del. (AP) -- DuPont's second-quarter profit fell 12 percent, and the chemical company lowered its forecast for the year after a stronger dollar and a sales drop in its agriculture segment affected results....
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