Gary Wik

Anadarko Petroleum Corp. (APC) executives said Tuesday the company still sought a "reasonable resolution" to a $25 billion environmental dispute with creditors of Tronox Inc., despite the failure of various efforts to settle the issue.

Marathon Petroleum Corp. (MPC) Chief Executive Gary Heminger told analysts on a conference call that the company has no plans to spin off its convenience store business.

LIMA, Peru--Peruvian miner Volcan Compania Minera SAA's (VOLCABC1.VL) second-quarter net income fell 62% to $35.2 million from $92.1 million in the year-earlier period.

Deutsche Bank co-chief Anshu Jain said investment banking profitability had deteriorated as he explained the need for 1,900 job cuts at the flagship lender hit by the euro zone crisis.

Usinas Siderurgicas de Minas Gerais SA (USIM5.BR) is negotiating steel product price rises for the third quarter with industrial clients, the Brazilian steelmaker said Tuesday.

Archer Daniels Midland Co.'s (ADM) fiscal fourth-quarter earnings fell 25% as dwindling U.S. corn supplies hurt its grain-handling and ethanol businesses.

Valero Energy Corp. (VLO) Tuesday released its turnaround maintenance schedule of work to be done in the third and fourth quarters of 2012.

Colombia electricity-grid operator Interconexion Electrica SA (IESFY, ISA.BO) said its first-half net profit fell 39.4% to 145.6 billion Colombian pesos ($81 million), as the year-earlier period saw large, nonoperational gains to its bottom line related to operations outside Colombia.

At the Global Business Travel Association’s annual convention in Boston last week, flight information provider, FlightView, released results of a business travel survey that showed some dissatisfaction for airline and airport technology offerings.

Americans opted to save instead of spend in June, a sign that a weak jobs market and broader uncertainty are making consumers cautious.