Travelers Corp is girding for "significant" losses from Hurricane Michael, which caused destruction in Florida and six other U.S. states this month, Chief Financial Officer Daniel Frey said on Thursday.
Bank of America Corp's loan growth lagged rivals and fees from advising on deals and underwriting bonds fell in the third quarter, sending its share price 1.7 lower even as profit beat expectations.
Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by lower expenses, higher bond trading revenue and strength in its consumer banking business in Mexico. | Video
Starbucks Corp on Monday named Hyatt Hotels Corp's financial chief Patrick Grismer as its new chief financial officer, making another leadership change in the past year as it battles intense competition in a cooling U.S. coffee market.
* U.S. soup sales had 4 straight years of declines under
May 18 Campbell Soup Co Chief Executive
Officer Denise Morrison unexpectedly stepped down on Friday, as
the company issued a bleak forecast for the year and said it
would embark on a review of its many brands.
Apparel maker Perry Ellis International said on Tuesday it had ended talks to be bought by fashion accessories maker Randa, backing an offer by its second-largest shareholder and founder George Feldenkreis.
PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a veteran who led the company's fast-growing emerging markets business. | Video
More than 100 people said they had fallen sick after eating at a Chipotle Mexican Grill Inc restaurant in Ohio, sending shares of the burrito chain down as much as 9 percent on Tuesday. | Video
Men's accessories maker Randa said on Monday it would engage with Perry Ellis International Inc's shareholders to pressure the apparel maker into accepting its bid after Perry Ellis's board rejected its takeover proposal.