When he was a child, David Adams pretended to operate on his stuffed animals.
DeVry Education Group Inc., the for-profit college operator, rose the most in 14 months after posting fiscal third-quarter profit and revenue that topped analysts’ estimates.
Sara Lee Corp. agreed to sell its 51 percent stake in the Godrej Sara Lee Ltd. Indian joint venture to Godrej Consumer Products Ltd. for 185 million euros ($233.7 million).
Sara Lee Corp. said Chief Executive Officer Brenda Barnes is taking a temporary medical leave of absence, prompting the food maker to create a special group to oversee the company’s strategy.
Sara Lee Corp. is considering online sales of capsules that are compatible with Nestle SA’s Nespresso machines, a spokesman for the Douwe Egberts coffeemaker said.
Illinois’s tollway agency is set to issue $400 million of tax-exempt bonds in the biggest sale from the state since lawmakers took steps to bolster the worst-funded U.S. state pension system.
DeVry Inc., a for-profit college operator, tumbled the most in nine months a day after reporting a 21 percent drop in new enrollment at its namesake university. Deutsche Bank AG cut its rating on the shares.