Target Corp gave a full-year profit forecast far below market expectations on Tuesday as the retailer plans to pour more money into improving its online platform and cutting prices to stay relevant amid fierce competition.
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JPMorgan Chase & Co , the largest U.S. lender, plans to spend more this year to grow its credit-card business and stay competitive in an industry that has become increasingly technology-focused.
Canada's Valeant Pharmaceuticals International Inc reported a better-than-expected quarterly profit on Tuesday, helped by lower costs and strength in its Bausch and Lomb eyecare business, but its net loss widened and the company said it was feeling pricing pressure.
BRUSSELS/FRANKFURT After more than a year of negotiations, Deutsche Boerse got only 30 minutes notice on Sunday from the London Stock Exchange that their planned merger was effectively over, sources familiar with the talks told Reuters.
WASHINGTON Reform of Wall Street rules and consumer protects imposed after the 2008 financial crisis is likely this year, and much of the law could be undone through a number of ways, the Republican chairman of a key House of Representatives committee said.
LONDON Unilever on Tuesday proposed changes to how it pays executive directors that it says are meant to ensure alignment with long-term shareholder value creation.