Peabody Energy Cuts Dividend, Forecasts Wide Loss

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Peabody Energy Corp. slashed its quarterly dividend and the coal producer projected a much wider-than-expected loss for the current quarter.

Marriott to Buy Delta Hotels and Resorts

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Marriott International said Tuesday that it reached a deal to buy Canada’s Delta Hotels and Resorts for about $135 million.

Ericsson Hurt by North American Slowdown

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Sweden’s Ericsson reported a weaker-than-expected fourth-quarter net profit and said sales growth had stalled, after Norther American network operators curbed investment in new high-speed wireless networks.

Facebook Denies Hacking Claim

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Facebook denied being the victim of a hacking attack and said its site and photo-sharing app Instagram had suffered an outage after it introduced a configuration change.

Bain Capital to Buy TI Automotive

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Private-equity firm Bain Capital LLC signed a definitive agreement to buy TI Automotive, the latest in a series of deals in the automotive supply chain.

Yahoo Holders Await Plan for Alibaba Assets

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Marissa Mayer is expected to unveil her plan for unlocking Yahoo’s investments in Alibaba and Yahoo Japan when the company reports earnings on Tuesday.

Lockheed Martin Outlook Below Expectations

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Lockheed Martin Corp. offered a downbeat profit outlook for the year while the defense contractor posted growth in profit and revenue.

Greek Ship Owners Fear Syriza Tax Plan

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Several owners in Greece’s important shipping sector say they fear the new government led by radical-left party Syriza will levy higher taxes that the industry can’t afford.

Corning Sales Grow on LCD Glass Demand

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Corning said that continued demand for its specialty materials, along with revenue growth from its acquisition of a Korean LCD-glass manufacturer, drove stronger-than-expected results for the fourth quarter.

Commodity Prices Dent Caterpillar's View

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Caterpillar gave a disappointing outlook for 2015, citing plummeting commodity prices, as the heavy-machinery maker also reported earnings for the fourth quarter that missed expectations.

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