Chevron said asset sales and strength in its refining segment helped offset tumbling crude oil prices, resulting in better-than-expected results in its December quarter.
BT Group plans to inject $2.3 billion into its pension plan by the end of April as part of a new 16-year program at the British telecom operator to shrink its multibillion-dollar pension-fund deficit.
AbbVie Inc. reported fourth-quarter results that topped Wall Street expectations amid strong sales growth, even as expenses related to its scuttled merger with Shire PLC dragged the company to a loss.
Lilly said foreign-exchange pressures weighed on sales in the most recent quarter as the pharmaceutical company continued to suffer the impact of patent expirations on some of its key drugs.
Consol Energy Inc. said its revenue and production volume rose in the most recent quarter.
Japan’s two biggest airlines are taking a wary stance over helping Skymark Airlines after it filed for bankruptcy protection earlier this week.
Denmark’s Maersk Line, the world’s biggest container-shipping company by capacity, is in early talks with Asian shipbuilders to order up to 10 container megaships worth around $1.5 billion.
The rising dollar claimed another victim as Google’s revenue grew slower than expected. Absent the dollar’s impact, revenue would have risen roughly 20%.
Few companies have experienced the roller-coaster ride of the commodities cycle like Newcrest Mining, Australia’s biggest gold producer.
The strong U.S. economy is dimming gold’s allure. Gold futures posted their sharpest decline—2.4%—in more than a year, a day after the Fed waxed optimistic about U.S. economic growth.