Almost 30,000 UK, Austrian tax dodgers disclose Swiss accounts
ZURICH (Reuters) – Almost 30,000 Britons and Austrians have come forward to pay tax on previously undisclosed Swiss bank accounts under bilateral agreements aimed at rooting out untaxed money in Switzerland.
Raytheon raises forecast as profit beats Street
(Reuters) – U.S. weapons maker Raytheon Co on Thursday reported higher-than-expected earnings and revenue for the second quarter and joined other major defense companies in raising its forecast for the full year despite Pentagon budget cuts.
United Continental profit rises, aided by lower costs
CHICAGO (Reuters) – United Continental Holdings Inc on Thursday posted a higher-than-expected quarterly profit as costs fell and it raised fares, sending shares up 3 percent Thursday morning.
Hershey’s profit rises on strong demand, lower costs
(Reuters) – Hershey Co on Thursday reported an 18 percent jump in second-quarter earnings and raised its outlook for the year, boosted by a stronger demand for Reese’s, Kit Kat and Ice Breakers candy as well as lower commodity costs.
Colgate-Palmolive lowers profit view on Latam woes
(Reuters) – Colgate-Palmolive Co on Thursday posted lower quarterly profit as the impact of the stronger dollar pressured its international business, and the toothpaste maker lowered its 2013 earnings forecast as Latin American sales slipped.
Harley-Davidson posts higher profit as U.S. demand rebounds
CHICAGO (Reuters) – Harley-Davidson Inc posted higher quarterly profit on Thursday, lifted in part by a modest rebound in demand for its motorcycles in the United States, its No. 1 market.
3M posts slight profit gain, boosts share buyback plan
(Reuters) – Diversified U.S. manufacturer 3M Co posted a slightly higher quarterly profit on Thursday, helped by revenue increases across most of its business lines, and raised the number of shares it expects to buy back this year.
Unilever turns cautious on emerging markets
LONDON (Reuters) – Unilever has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market expectations.
Mead Johnson second-quarter profit falls
(Reuters) – Mead Johnson Nutrition Co reported lower second-quarter earnings on Thursday, hurt by a decline in sales in North America and Europe.
Chevy Impala ends foreign dominance in sedans: consumer reports
DETROIT (Reuters) – General Motors Co.’s Chevrolet Impala has been tapped by Consumer Reports as the top sedan in the United States, seizing a spot dominated by Japanese and European models for more than two decades.
