Hormel Profit Rises, Thanks to Turkey

Hormel Foods said profit rose 17%, helped by sales of fresh turkey and Mexican-food products. The meat processor's margins with pork remained thin.

Satyam Lifts Profit At Tech Mahindra

Indian technology-outsourcing company Tech Mahindra reported a leap in earnings, in good part because of results from associate Satyam Computer Service.

Details Released in Gome Case

China's top court detailed the insider-trading charges against the founder of Chinese retailer Gome, who has been in prison since 2010.

AOL's Bet on Local News Draws Trouble

Patch.com, a network of small-town news sites owned by AOL, has emerged at the center of a tug of war over the Internet company's future.

Cove Shuns Shell for PTT

Thailand's PTT Exploration & Production intensified the fight to gain access to East Africa's natural-gas fields, bidding $1.9 billion to acquire Mozambique-focused Cove Energy and trump Shell's offer.

AOL's Bet on Local News Draws Trouble

Patch.com, a network of small-town news sites owned by AOL, has emerged at the center of a tug of war over the Internet company's future.

Ex-Aide Cites Call, Stock Buy

Hedge-fund manager Raj Rajaratnam sprang into action moments after he got an urgent call in the late afternoon on Sept. 23, 2008, buying shares in Goldman Sachs just before a major announcement, his former assistant told a federal jury.

Commerzbank Sets Dividend Plan

Germany's Commerzbank aims to resume a dividend payment for the 2013 business year, Chief Executive Martin Blessing told the AGM.

Asia Slides on Greece Worries

Asian markets, the euro and commodities fell Wednesday after comments by former Greek prime minister damped optimism ahead of a European Union summit. The Kospi was down 1.4%.

Burberry Focuses on Store Space

Burberry said it will invest in opening bigger stores as the luxury clothing and handbag retailer reported a big jump in full-year profit, although runaway growth in the key Asian market slowed.

Zale Loss Narrows

Zale's fiscal third-quarter loss narrowed as the jewelry retailer continued to post same-store sales growth, led by its domestic business.

MetLife Plans to Revamp Its Strategy

The insurer aims to shed $600 million in pretax costs, produce at least a fifth of its profits in emerging markets and revitalize one of its oldest businesses: selling life insurance to middle-class Americans.