Wal-Mart Stores Inc said it would no longer provide health benefits to some part-time workers in the United States due to ballooning healthcare costs.
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PepsiCo Inc (PEP.N) reported a better-than-expected 5 percent rise in quarterly profit and said it would return about $2.3 billion more to shareholders in 2014 in the form of share buybacks and dividend.
Sales during the 2013 U.S. holiday season grew from a year earlier as deep discounting and increased promotions encouraged bargain-hungry shoppers to buy more.
Sysco Corp (SYY.N) will buy US Foods Inc for about $3.5 billion from its private equity owners in a deal that will combine the top two U.S. food distributors and create a company commanding at least a quarter of the $235 billion North American market.
Beauty products maker Coty Inc (COTY.N) reported a better-than-expected adjusted profit in its first quarterly results as a public company, mainly due to strong sales of branded perfumes such as Marc Jacobs and Chloe in Asia.
Kroger Co (KR.N), the biggest U.S. supermarket operator, said it would buy Harris Teeter Supermarkets Inc (HTSI.N) in a $2.5 billion deal that will boost its presence in the southeast and mid-Atlantic regions of the United States.
