UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances

The Italian bank also holds financial contracts that give it exposure to an additional 16.4% stake in Commerzbank, according to a regulatory filing, with one week to go for the offer period.

Chewy Cuts FY Outlook Despite Higher Sales, Profit

The online pet-supplies retailer said it now expects net sales to come in between $13.4 billion and $13.55 billion this year, down from a prior forecast of $13.6 billion to $13.75 billion.

Johnson & Johnson CEO Says Cure for Certain Cancers Is Realistic Goal