Deere fiscal 2Q profit rises, beats expectations

Deere is posting a 17 percent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights.
The company beat Wall Street expectations on net income and revenue, posting a profit of $1.06 billion, or $2.61 per share, up from $904 million, or $2.12 per […]

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How small investors can get in on Facebook IPO

You might think that scoring a stake in Facebook’s initial public offering if you are an average investor is like trying to change your privacy controls on the social networking site — seemingly impossible.
But it turns out that Facebook is making an effort to have some of its hotly sought after shares accessible to […]

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Stronger Toyota helps boost US auto sales in April

Toyota is back. It’s putting a year of earthquake-related shortages behind it and grabbing sales from stumbling General Motors and Ford.
Toyota’s sales rose 12 percent in April, and its share of the market returned to levels it hasn’t seen since before the March 2011 earthquake in Japan. Its sales outpaced the industry as a whole, […]

After ‘John Carter’ fiasco, Disney film chief resigns

The titular hero in the sci-fi epic "John Carter" slayed evil aliens, decimated enemy armies — and now, he’s killed Rich Ross’ position as chairman at Walt Disney Studios.
Disney (, Fortune 500) released the movie "John Carter," based on a Martian adventure novel by Edgar Rice Burroughs, to theaters on March 9. The studio […]

Don’t be so cheery! Here’s what to worry about

It’s tough being a sourpuss these days.
The birds are singing and flower blooming. The Cardinals are winning.
The stock market is up 9.6 percent this year. Unemployment is coming down, slowly, and the American economy is heating up, slowly.
If things keep up like this, we grouches may be tempted to smile. Perish the thought! The ache […]

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Express Scripts to spot pill skippers with new program

UPDATED at 5 p.m. with analyst comments, details
Did you take your pill today? Express Scripts Inc. had its eye on people like you, and it plans to send reminders to absent-minded and reluctant patients.
The giant pharmacy benefit management company said Monday it is launching “ScreenRx,” a computer program that can predict which patients won’t take […]

Diplomat:Iran nuke talks show progress

Negotiators for Iran and six world powers were making encouraging progress Saturday in bridging differences that have doomed previous meetings meant to reduce fears that Tehran intends to turn its atomic program into making weapons, a diplomat close to the talks said.
With the meeting just breaking for lunch, the diplomat cautioned against premature optimism about […]

ECB Seen Favoring Bond Buying Over Bank Loans - Bloomberg

The European Central Bank will restart its controversial government bond purchases rather than offer banks another round of unlimited three-year loans as the sovereign debt crisis worsens, a survey of economists shows.
Of 22 economists polled this week, 17 predicted the ECB will be forced to resume the Securities Markets Program (ECBCSMP), while only one […]

Obama healthcare could worsen U.S. debt: Republican study

Instead of curbing government spending, President Barack Obama’s healthcare law could add up to $530 billion to the federal debt over ten years, a Republican expert on U.S. government benefit programs said on Tuesday.
A study by Charles Blahous, a George Mason University research fellow and the Republican trustee for the Medicare and Social Security […]