CHICAGO - Deere & Co on Friday reported a higher-than-expected quarterly profit and raised its full-year outlook after cost cuts helped compensate for weakening demand for its farm equipment.
FRANKFURT - Germany's Merck KGaA expects sales to grow by around 5 percent in its core operations over coming years, helped by its pipeline of prospective new drugs, its chief executive was quoted saying by weekly Euro am Sonntag.
NEW YORK - Hilton Worldwide Holdings shares could rise another 25 percent over the next year due to its expansion drive and rising room revenue, according to Barron's financial newspaper.
- Packaged foods maker Campbell Soup Co on Friday reported an unexpectedly better quarterly profit, helped by lower spending on promotions, higher prices for its products and cost cuts.
- Hewlett-Packard Co , which is in the process of splitting itself, forecast separation-related costs below the expectation of several analysts and reported a better-than-expected quarterly profit.
- Apparel retailer Gap Inc reported an 8 percent fall in quarterly profit, hurt by a stronger dollar, supply delays in the United States and lower demand for its namesake brand.