Freeport Indonesia Unveils New Contract Terms

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Indonesia signed new mining contract terms with PT Freeport Indonesia, paving the way for the local unit of the U.S. mining company to resume copper concentrate exports.

Rosneft Working on Sanctions Strategy

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As the U.S. has imposed sanctions blocking credit to Rosneft, the Russian state-owned oil giant is looking at ways to minimize their effects.

LyondellBasell Profit Surges

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LyondellBasell Industries said its second-quarter earnings surged to a record level as revenue jumped.

Lifepoint Hospitals Profit Boosted by Health-Care Reform

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Lifepoint Hospitals said its second-quarter earnings jumped, leading the rural hospital operator to boost its outlook for the year amid benefits from the health-care reform law.

American Electric Posts Higher Profit

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American Electric Power said its second-quarter profit rose 15% as revenue increased on rate base growth and rising sales in its transmission business.

Struggling Life Insurers Look to Middle-Class

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MetLife and other life insurers are trying to reverse a long slide in sales of life insurance to the middle class, but it's proving a tough sell.

Stanley Black & Decker Profit Climbs

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Stanley Black & Decker said its second-quarter profit rose 16%, as the company managed to slightly increase sales while trimming costs.

Tyco's Profit Surges

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Swiss security systems company Tyco said its third-quarter profit surged as revenue grew and the company said it benefited from acquisitions.

Low Price Plan Hits Docomo's Earnings

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NTT Docomo said it swallowed a 15% cut in quarterly operating profit after Japan's largest mobile carrier adopted a low price plan in its fight to retain market share.

Jaguar Land Rover to Cut Prices in China

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Jaguar Land Rover said it would cut prices on Range Rover and Jaguar F-Type Cabriolet models by an average of $32,000, in response to scrutiny by Chinese state media and the government.

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