Chipotle Mexican Grill Inc, which has been under pressure from activist shareholder Bill Ackman, said on Friday four of its 12 directors would not stand for re-election to the burrito chain's board at its upcoming shareholder meeting.
JPMorgan Chase & Co urged shareholders on Thursday to vote against appointing a committee to explore a break up of the bank, reiterating that splitting its businesses would not be in investors'
Goldman Sachs Group Inc's profit slumped for the third straight quarter as a $5 billion settlement of crisis-era legal claims hit earnings in a tumultuous final three months of the year.
Activist investor Carl Icahn said he may propose adding a new director to American International Group's board, saying Peter Hancock, AIG's chief executive, was unlikely to "sincerely consider" his suggestion to split the company into three.
IEX Group's application to become a U.S. stock exchange does not meet industry standards and regulators should not approve the upstart trading venue's request, which lacks key details on how it's so-called 'speed bump' would operate.
Intercontinental Exchange Inc, the owner of the New York Stock Exchange, said it would buy commodities trading platform Trayport from BGC Partners Inc and GFI Group Inc for about $650 million in stock.
Citigroup Inc's consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the U.S. Consumer Financial Protection Bureau said.
