Stryker 2Q Earnings Up Despite International Pressure
Stryker Corp.'s (SYK) second-quarter earnings rose 4.8% as the company absorbed some charges, while sales growth was hampered by unfavorable foreign-currency rates and softness in international orthopedic markets.
Yum Profit Rises on Taco Bell Strength in U.S.; China Growth Slows
Yum! Brands Inc. (YUM), which owns the Pizza Hut, KFC and Taco Bell fast-food chains, saw its profit rise 4.8% in the latest quarter, as improvements at Taco Bell boosted its U.S. business, which is becoming more important given the pullback in China's economic growth.
Vale 2nd Quarter Iron Ore Output Rises on Better Weather
Iron-ore production at Brazilian mining company Vale SA (VALE, VALE5.BR) recovered in the second quarter after a sluggish start to 2012 as the country's rainy season ended, the world's largest producer of the key steelmaking ingredient said late Wednesday.
GRAIN HIGHLIGHTS: Top Stories Of The Day
TOP STORIES: UPDATE: Risk of Global Food Price Inflation Grows on U.S. Drought LONDON--The risk of another wave of global food price inflation is growing fast, Barclays PLC (BCS) said Wednesday, as U.S. grains and soybeans prices trade within touching distance of all-time highs, due to the nation's