Goldman Sachs' far-better-than expected second-quarter earnings are a quagmire for the entire financial services industry.
The firm benefits from a strong performance at its internal run-off portfolio, CitiHoldings, which saw adjusted losses turn to a $244 million profit.
Family Dollar CEO Howard Levine said on Thursday he believes a turnaround of the struggling company is taking hold.
Family Dollar's embattled CEO must turn his company around while facing challenges from activist investors, including Carl Icahn and Nelson Peltz.
JPMorgan says Wal-Mart's new CEO is trying to shift the retailer's growth strategy to offset fears that the company's revenue has plateaued and that comparable store sales may be falling.
Wal-Marts recently-appointed chief executive Doug McMillon indicated on Wednesday the companys board of directors has given him a broad mandate to either shake up the retailers senior management structure.
Jamie Dimon's revelation that he has a curable form of throat cancer should cause JPMorgan to split its chairman and CEO roles, according to Richard X. Bove.
Anthony Noto, the ex-Goldman Sachs GS investment banker who led Twitters initial public offering, is now joining the micro-blogging site as its chief financial officer.
The 2014 FIFA World Cup in Brazil may help Twitter show improved user growth, retention and monetization.
Devon Energy's transformation into a pure-play onshore oil and gas driller is complete with the company's $2.3 billion sale of non-core assets to Linn Energy.