The U.S. government's first major auction of wireless airwaves since 2008 has speculators seeking gold. The January auction is crowded with people who don't own networks but hope to cash in on a scarce asset.
Smith & Wesson's quarterly profit fell 20%, which follows rival Remington Outdoor's forecast for sales growth between about 34% and 37% for 2013, down from earlier in the year.
Thermal-coal prices may be running out of steam as Asian power producers wind down purchases after a period of prewinter stockpiling and an underlying supply glut reasserts itself.
Freeport LNG Expansion is delaying plans to start construction on a $10 billion Texas liquefied natural gas export terminal until the second quarter of 2014, citing federal permitting delays.
Monsanto is teaming up with a Danish biotech company to develop microscopic organisms that help plants grow and resist pests.
Discovery Communications is considering a bid for Scripps Network Interactive, the owner of cable channels such as the Food Network and HGTV.
Bechtel Corp. said it may pursue contracts tied to efforts by the U.K. government to reform the way it buys much of its defense equipment.
Big utility Entergy's plan to spin off its electricity-transmission business hit a wall on Tuesday when regulators in Mississippi scuttled the transfer of assets in their state.
H&R Block's fiscal second-quarter loss narrowed, as the tax-services provider recorded a higher income tax benefit, though revenue slid and overall expenses climbed.
China's state-owned Chinalco Mining begins operations at its Toromocho open-pit copper project in Peru