(Reuters) - Ford Motor ( F ) said on Thursday Ted Cannis, CEO of its Pro unit, which makes commercial vehicles, would retire by the end of this month. Cannis, who spent 35 years with the Detroit automaker, helped spearhead Ford Pro since its formation in 2021 and build it into a high-margin business. He was also involved with teams...

(Reuters) - A U.S. regulator on Thursday said it is banning Navient ( NAVI ) from servicing federal student loans, and ordered the company to pay $120 million for wide-ranging student lending failures. The U.S. Consumer Financial Protection Bureau said the ban would prevent Navient ( NAVI ) from servicing federal Direct Loans, and from directly servicing or acquiring most...

Kroger Company ( KR ) reported second-quarter adjusted earnings per share of 93 cents, beating the analyst consensus estimate of 91 cents. Quarterly sales of $33.912 billion (nearly flat year over year) missed the street view of $34.090 billion. Excluding fuel, sales increased 1.3% compared to the same period last year. Kroger’s results show a 1.2% increase in identical sales...

Sept 12 (Reuters) - SS&C Technologies Holdings Inc ( SSNC ) : * SS&C TECHNOLOGIES HOLDINGS INC ( SSNC )- PROPOSED DEAL FOR APPROXIMATELY $670 MILLION * SS&C TECHNOLOGIES HOLDINGS INC ( SSNC ) - TO ACQUIRE BATTEA-CLASS ACTION SERVICES Source text for Eikon: Further company coverage: ...