* Liz Claiborne Inc., the New York-based maker of its namesake clothing line and Juicy Couture, named Johnson & Johnson’s pharmaceutical executive William McComb as chief executive, going outside the company to end a nine-month search for Paul Charron’s successor.

* Swiss firm Nestle renewed the lease at its U.S. headquarters building in Glendale through 2015, landlord Wells Real Estate Investment Trust said.

* Intel Corp. of Santa Clara, Calif., said fourth-quarter sales would be higher than expected because of market share gained from rival Advanced Micro Devices Inc. of Sunnyvale, Calif.