Deere & Co., the largest agricultural-equipment maker, posted lower-than-expected sales and reduced its full-year revenue outlook after shipping less machinery while the dollar weakened against other currencies.
3M Co. is working with Goldman Sachs Group Inc. to sell components of its electronics business that the industrial- and consumer-products maker has decided are underperforming, people with knowledge of the matter said.
Staples Inc., the office-supplies retailer that Mitt Romney’s Bain Capital LLC helped take public more than two decades ago, is now offering private-equity buyers a bargain that will be tough to pass up.
There’s never been a cheaper time for private-equity firms to gamble on Best Buy Co., with founder Richard Schulze’s 20 percent stake up for grabs and the electronics retailer near its lowest-ever valuation.
Dow Chemical Co. Chairman and Chief Executive Officer Andrew Liveris defended his strategy of integrating commodity chemicals with specialty products after activist investor Third Point LLC called for the company to spin off its petrochemicals assets.
Deere & Co. forecast fiscal 2014 profit that exceeded analysts’ estimates as it predicted higher construction and forestry equipment sales will help offset some of the decline in revenue from agriculture, its largest market.
Tiffany & Co., which almost tripled its value selling engagement rings since the recession, may be a takeover target after ending an alliance with Swatch Group AG and could hand investors an extra $3.4 billion in a deal.