Chang-wen W Kuo

In a deal that will almost double GenCorp's size, the maker of aerospace propulsion systems will pay $550 million for United Technologies' Pratt & Whitney Rocketdyne unit.

Hindustan Unilever Ltd. (500696.BY) Monday beat expectations by more than doubling its net profit for the fiscal first quarter, helped by a one-time gain.

McDonald's Corp. (MCD) second-quarter earnings fell 4.5% as a stronger U.S. dollar weakened the world's largest fast-food chain's margins, despite stronger-than-expected same-store sales and slightly higher revenue.

Beats Electronics LLC is buying back half of the 50.1% stake held by HTC Inc. (2498.TW) for US$150 million, according to a statement from HTC.

Both the three- and one-month indexes of the Chicago Fed's national activity index were less negative in June, the regional bank said Monday.

Williams Cos. said Monday it expects adjusted second-quarter profit of about 21 cents a share, below the Wall Street analyst estimate of 33 cents a share in a survey by FactSet Research. The company cited an "unexpectedly sharp decline in natural-gas liquids margins in May and June." Williams also

Treasury prices rose on Monday, pushing 10-year yields to a record low, as worries about Spanish regional debt forcing the country to ask for a bailout, and rising Spanish and Italian bond yields, sent investors towards relative safe havens including U.S. bonds.

U.S. stock-index futures followed European markets sharply lower on Monday as worries swell that Spain, the eurozone's fourth-biggest economy, may be the latest victim of the regional debt crisis.

For the second quarter, McDonald's (NYSE:MCD) saw a decline in net income. Earnings and Revenue The company posted revenues in line with analyst predictions, though the company's EPS came up short of expectations. The company reported EPS of $1.32 a share versus the $1.38 a share estimate and

Talisman Energy Inc. said Monday it'll sell for $1.5 billion a 49% stake in oil assets in the North Sea of the U.K. to Sinopec .