Apple Inc. paid about $60 million in legal fees in patent litigation lawsuit against Samsung Electronics Co., the company said in court documents.
Del Monte Corp. swung to a fiscal second-quarter loss as it booked a hefty loss from discontinued operations tied to the planned sale of its canned-food business.
American Eagle Outfitters Inc. offered a muted outlook for the current quarter, which includes the critical holiday season, as its fiscal third-quarter earnings sink 68%
Archer Daniels Midland remains on the lookout for deals overseas despite last week's failure of a key acquisition in Asia, the grain company's chief financial officer said.
The U.S. Food and Drug Administration approved Xiaflex for the treatment of Peyronie's disease, a move that expands the use of the biologic medicine.
OGX will now be called Óleo e Gás Participações, as Eike Batista's firm places hope in the offshore field to help company recover from bankruptcy protection.
The U.S. Gulf Coast—home to the world's largest concentration of petroleum refineries—is suddenly awash in crude oil. So much high-quality oil is flowing into the area that the price there has dropped sharply.
ConocoPhillips said it plans to spend $16.7 billion on capital projects in 2014, with the bulk of it directed toward continuing oil and gas production in North America.
The Swiss food giant is selling its 10% stake in flavors and fragrances maker Givaudan valued at nearly $1.3 billion as the company pushes ahead with a streamlining effort.