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Alcoa, Inc. (AA), the largest U.S. aluminum producer, Friday announced that it officially opened its expanded wheels manufacturing plant in Hungary. The larger facility doubles Alcoa's capacity to produce its Dura-Bright EVO surface-treated wheels compared to 2014 production levels. The company expects...

Forest products company Weyerhaeuser Co. (WY) posted significantly higher fourth-quarter 2014 net earnings attributable to common shareholders of $166 million, or 31 cents per share, on net sales from continuing operations of $1.8 billion. This compares with last year's net earnings of $43 million, or...

German solar energy equipment supplier SMA Solar Technology AG (SMTGF.PK) projects sales in the range of 730 million euros to 770 million euros and loss before interest and taxes of 30 million euros - 60 million euros in the current fiscal year. In an attempt to return to profitability, the Managing...

Boeing (BA) and All Nippon Airways (ANA.L, ALNPF.PK, ALNPY.PK) announced the airline's intent to purchase three 787-10 Dreamliners to add additional flexibility to the airline's 787 fleet. In addition, ANA announced an order for five Next-Generation 737-800s to bolster the airline's growing narrow-body...

Communications services provider BT Group Plc (BT_A.L, BT) posted 12% higher third-quarter reported pre-tax profit of 694 million pounds, compared with 617 million pounds a year ago. On an adjusted basis, pre-tax profit amounted to 814 million pounds for the latest period, up 13% mainly reflecting the...

India-focused miner Vedanta Resources Plc. (VED.L) Friday said its third-quarter Oil & Gas revenue fell 30 percent to $565 million from $804 million, after profit sharing with the Government of India in all the producing blocks. EBITDA declined 44 percent to $346.0 million from $615.7 million last...

Belgium-based chemical industrial group Solvay SA (SVYSF.PK, SVYZY.PK) Friday said it has agreed to sell its German-based refrigerant business and pharma propellants to Daikin in Japan, as its Special Chemicals Global Business Unit is gearing its activities towards selective high value-added segments...

Insulin maker Novo Nordisk A/S (NVO) said its net profit for 2014 increased by 5% to 26.5 billion Danish kroner, with annual earnings per share up 8% to 10.07 kroner. Operating profit for the year increased by 13% in local currencies and by 10% in Danish kroner to 34.5 billion kronor. Sales increased...

Japanese automaker Honda Motor Co. Ltd. (HMC) Friday said third-quarter net income decreased to 136.5 billion yen from 160.7 billion yen in the previous year. Earnings per share were 75.75 yen, compared to 89.18 yen last year. Operating income declined 22.5 percent to 177.2 billion yen, mostly due...

AT&T Inc. (T) announced Friday that it is looking to fill nearly 100 new technician positions in North Carolina. The jobs are needed to meet growing demand for AT&T's Internet, voice and video networks, including the expansion of U-verse with AT&T GigaPower. In North Carolina, AT&T launched U-verse...

BOC Hong Kong (Holdings) Ltd. (BNKHF.PK, BHKLY.PK), an investment holding company, is considering a sale of its Nanyang Commercial Bank Ltd. or NCB unit in $6 billion deal as it aims to streamline operations in China, media reported Thursday, citing people familiar with the matter. BOC is also considering...

Pharmaceutical company Daiichi Sankyo Company Limited (DSKYF.PK) Friday said third-quarter profit attributable to owners of the company climbed to 102.2 billion yen from 71.4 billion yen in the previous year. Operating profit was 110.3 billion yen, compared to 105.3 billion yen last year. Revenue...

Canadian Imperial Bank of Commerce (CM.TO, CM) is cutting more than 500 jobs, as the lender tries to pare costs, the Wall Street Journal reported, citing people familiar with the matter. Toronto-based CIBC is Canada's fifth-largest bank by assets. The lender made the cuts over the last two weeks as...

Micron Technology, Inc., (MU) announced the pricing of an offering of $1 billion aggregate principal amount of its 5.25 percent senior notes due 2023. The notes are being offered to qualified institutional buyers. The sale of the notes is expected to close on February 3. Interest on the notes will...

Honda Motor Co. (HMC) has said that the January 18 death of 35-year-old Carlos Solis IV in Houston could be linked to faulty airbags manufactured by Takata Corp. (TKTDF.PK) used in its vehicles. The Honda Accord bought in April was not repaired as required by a recall on the airbag issued in 2011. Honda...

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