April 30 (Reuters) - U.S. defense company Leidos Holdings ( LDOS ) lifted its annual profit and revenue forecasts on Tuesday, banking on strong weapons demand and increased defense spending amid growing geopolitical tensions. Defense companies are seeing robust demand for weapons from the United States and its allies following Russia's invasion of Ukraine, conflict in the Middle East and...

April 30 (Reuters) - Top U.S. refiner Marathon Petroleum ( MPC ) posted lower first-quarter profit on Tuesday, as refining margins eased from elevated levels seen early last year following Russia's invasion of Ukraine in 2022. Margins and profits of U.S. refiners have normalized after hitting sky-high levels in 2022, when Russia's invasion of Ukraine disrupted crude supplies. Earnings through...

(Reuters) - U.S. industrial conglomerate 3M Co ( MMM ) posted a 21% rise in quarterly profit on Tuesday as price hikes and cost cuts offset the impact from slow sales. 3M ( MMM ) has hiked prices over the past two years and said last quarter it will continue to lean on price increases across categories to offset inflation...

April 30 (Reuters) - The U.S. Federal Trade Commission has asked for more information from Vizio ( VZIO ) and Walmart ( WMT ) regarding their proposed $2.3 billion deal, the smart-TV maker said on Tuesday. U.S. lawmakers have sought for an increased scrutiny from the FTC on many multi-billion dollar deals that might risk higher prices and affect consumers....