Edition:
United States

Arunima Banerjee

Colfax churns its business with $3.15 billion purchase of medical device maker

Nov 19 2018

Colfax Corp made a big bet on the medical device industry with its $3.15 billion purchase of DJO Global Inc, but its shares fell 15.2 percent as investors worried about its shift away from its industrial roots to a completely new sector.

India's Royal Enfield targets tripling of U.S. sales this year

Nov 09 2018

India-based motorcycle brand Royal Enfield expects sales in its new North American business to almost triple this year and is aiming to dominate the market for middleweight bikes into which Harley-Davidson Inc has just shifted in a bid to revive sales.

Expedia beats profit estimates on HomeAway, travel bookings growth

Oct 26 2018

(This version of the Oct 25 story corrects last paragraph to say revenue missed, not beat, Street estimates)

GE delays third-quarter earnings by a week

Oct 12 2018

General Electric Co put off publication of its third-quarter results by almost a week on Friday to allow new Chief Executive Officer Larry Culp to complete business reviews and site visits.

TransDigm dives deeper into aero spare parts market with Esterline buy

Oct 10 2018

Aircraft parts supplier TransDigm Group Inc has agreed to buy smaller rival Esterline Technologies Corp for about $3.6 billion in its biggest-ever deal, as it seeks the heft to compete with Boeing Co and Airbus SE in after-sales plane servicing.

TransDigm dives deeper into aero spare parts market with Esterline buy

Oct 10 2018

Aircraft parts supplier TransDigm Group Inc has agreed to buy smaller rival Esterline Technologies Corp for about $3.6 billion in its biggest-ever deal, as it seeks the heft to compete with Boeing Co and Airbus SE in after-sales plane servicing.

D.R. Horton sees 2018 homes sales below estimates

Oct 09 2018

U.S. homebuilder D.R. Horton Inc on Tuesday forecast fiscal 2018 home sales and orders below Wall Street estimates, as rising home prices and mortgage rates hurt ordinary Americans' ability to borrow.

Lennar cuts forecast for orders, deliveries citing Hurricane Florence

Oct 03 2018

Lennar Corp , the No. 2 U.S. homebuilder, cut its forecast for fourth-quarter orders and deliveries on Wednesday, citing the impact of Hurricane Florence and sluggishness in the market.

World News