Cargill Posts Strongest Quarter in Seven Years
Profit increased 50% in the third quarter, suggesting management and portfolio changes under way at the agribusiness giant "are beginning to yield results."
Gap Shares Rise 4% on Turnaround Optimism
The retailer says its second-quarter results show "underlying signs of progress," including improved merchandise margins.
CIT Unveils ‘Middle-Market Bank’ Strategy
The parent of CIT Bank will part with its commercial-air unit as it pivots toward its core commercial lending and leasing businesses.
Store Sales Data Spark Sears Stock Slide
Sales at U.S. stores open at least a year fell 10.6% in the second quarter to date as Sears tries to execute its turnaround strategy.