Brown-Forman Corp. said its earnings rose 5.1% during the holiday quarter with a boost from its Jack Daniel’s trademark brand and premium offerings.
Abercrombie & Fitch Co. warned of tough months ahead as the teen retailer prolonged its revenue slump, posting a worse-than-expected 14% drop in sales in its holiday quarter.
E.W. Scripps reported weaker-than-expected results in the fourth quarter, as increased political advertising and digital growth in its television segment was unable to offset the sharp decline of its newspaper segment.
The U.K. government said it is selling its 40% interest in cross-channel train operator Eurostar International for £757.1 million ($1.16 billion).
Bristol-Myers Squibb said it has joined with Bavarian Nordic to exclusively license and commercialize the Danish company’s experimental prostate-cancer treatment.
Macau gambling revenue remained in a free fall in February, sinking 49% from a year earlier amid China’s crackdown on corruption.
GE’s CEO already had problems convincing investors he was moving fast enough to remake the conglomerate into a simpler industrial machine, and now there’s this oil business.
Comcast’s NBCUniversal is aiming to launch a comedy-focused subscription Web video service later this year, as interest grows in reaching young online viewers who don’t watch traditional TV.
Poor weather modestly dented the pace of U.S. auto sales in February, but did little to stem America’s increasing thirst for pricey trucks and SUVs.
Bristow Group said it had secured purchase rights on the new AW609 aircraft being developed by AgustaWestland, vehicles that can fly like a plane and hover like a helicopter.