News
FTC says Graco must sell liquid-finishing unit
www.marketwatch.com
[MarketWatch] - By Kristin Jones The Federal Trade Commission will require Graco Inc. (NYSE:GGG) to sell the liquid-finishing businesses of Illinois Tool Works Inc. (NYSE:ITW) as part of a settlement to resolve antitrust allegations. In December, the FTC challenged
Cracker Barrel taps 2 new directors
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[MarketWatch] - By Kristin Jones Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) elected two new board members, replacing two retiring directors whose ouster had been sought by activist investor Sardar Biglari. BF "Jack" Lowery and Robert V. Dale, who are facing
Joy Global 2nd-period net up; outlook lower
www.marketwatch.com
[MarketWatch] - By Kristin Jones Joy Global Inc.'s (NYSE:JOY) fiscal second-quarter earnings rose 32% as the mining equipment maker increased shipments in its core underground and surface mining businesses, helped by recent acquisitions. But Chief Executive Mike
Windstream to cut up to 400 management jobs
www.marketwatch.com
[MarketWatch] - By Kristin Jones Windstream Corp. (NASDAQ:WIN) will eliminate about 375 to 400 management positions, or about 3% of its total work force, as the rural telecommunications company restructures following a series of acquisitions. The layoffs are expected
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