Bouygues SA, the building and telecommunications company led by Martin Bouygues, is holding a board meeting today to review its bid for Vivendi’s SFR unit, according to a person familiar with the matter.
Men’s Wearhouse Inc. and Jos. A. Bank Clothiers Inc. reached an agreement to share confidential information, moving closer toward a potential merger of the menswear rivals after several failed attempts.
Home Depot Inc.’s promotion of Craig Menear to president of its U.S. retail division is part of a succession plan for Chief Executive Officer Frank Blake, according to a person with knowledge of the situation.
Salesforce.com Inc., the biggest maker of customer-management software, forecast fiscal first- quarter sales that may top analysts’ estimates as demand for its customer-service programs helps bring in large contracts.
J.C. Penney Co. surged 25 percent after forecasting an increase in annual revenue and margin expansion, prompting Chief Executive Officer Mike Ullman to predict its turnaround will be completed this year.