Walgreens Names Manmohan Mahajan as Permanent Finance Chief

The appointment comes amid a leadership shuffle at the pharmacy chain. 


 
Spirit Airlines expects its liquidity will be 'more than adequate' for key goal

Spirit posted a slimmer loss than expected for the latest quarter, while calling out encouraging booking trends. 


 
Google Matches ChatGPT With New Chatbot Subscription

The offering follows a version from Microsoft for users of its work software. 


 
Hershey reports Q4 earnings beat, but shares fall on weak outlook

Hershey Co. reported a fourth-quarter earnings beat before market open Thursday, although shares fell 3.4% in premarket trades, weighed down by weaker-than-expected sales and guidance. 


 
Maersk Shares Sink Back to Reality

Shares of the world's shipping bellwether dived in early trade after it forecast a steep drop in profit. Shipping overcapacity, not the Red Sea Houthi attacks, looks to be the trend to watch. 


 
SoftBank Returns to Health With an AI Bump

The tech investor's shares rose 11% on the back of higher revenue at Arm, its chip-design subsidiary. 


 
Disney's Moves Give Bob Iger a Sporting Chance

Strong results, Epic investment and new sports superapp lessen the case for activist challenges. 


 
Harley-Davidson Earnings Beat Estimates. Guidance Comes Up Short.

The midpoint of Harley's 2024 operating profit guidance is about $740 million. Wall Street was hoping for about $780 million. 


 
Philip Morris says its heated-tobacco devices are now selling more than Marlboro products

Total cigarette volume fell 0.5% including a 0.8% drop in Marlboro units to 60.2 million units. 


 
Kering Cautious on Profits Outlook

Gucci owner Kering warned that recurring operating income in 2024 would fall short of last year's figure, particularly in the first half, with investments and a normalization of sales growth across the sector seen weighing on its profits.


(END) Dow Jones Newswires

02-08-24 1115ET