Barclays Announces Strategic Overhaul, Plans to Boost Returns

Barclays said it would return at least $12.6 billion to shareholders through 2026 as it announced a cost-cutting drive and plans to reorganize its business into five operating divisions. 


 
BHP Pares Midyear Payout After Net Profit Fall, Flat Earnings

BHP Group dialed back its dividend on Tuesday as the world's biggest miner reported a steep fall in first-half net profit and flat underlying earnings. 


 
ANZ's $3.2 Billion Suncorp Bank Buy Approved by Competition Tribunal

ANZ Group Holdings' $3.2 billion acquisition of Suncorp Group's banking unit has got a major boost with the Australian Competition Tribunal allowing the deal to proceed. 


 
Capital One Is Buying Discover Financial

The deal combines two of the largest credit-card companies in the U.S. 


 
Casino Operator Star Entertainment Delays Earnings After Regulatory Inquiry

Australian casino company Star Entertainment said it would delay its half-year earnings results after regulatory authorities in New South Wales state announced a new inquiry into its operations 


 
Home Depot's Sales Are Expected to Fall. Here's Where the Upside Could Be.

Analysts project a 3% drop in fiscal-fourth-quarter revenue, reflecting ongoing challenges in the home improvement sector. 


 
Walmart Is Poised for Another Strong Quarter. Why It's All About the Outlook.

Investor attention has shifted to the company's outlook for 2024 amid concerns over consumer spending. 


 
Tech Leaders Fled San Francisco During the Pandemic. Now, They're Coming Back.

Founders and investors who ditched the Bay Area for Miami and elsewhere are returning to a boom in artificial intelligence and an abundance of tech talent. 


 
JD.com May Bid for This Retail Group. Why It Went Shopping Outside China.

Expanding into new markets to mitigate domestic headwinds is a logical move for the e-commerce group. 


 
Nvidia Earnings Are Coming. Why It's Time to Think About AI Chip Competition.

It isn't an exaggeration to say that the tech sector's recent rally might depend on Nvidia beating expectations for its earnings report this week. However, stockholders in the chip maker should be looking beyond the immediate horizon and particularly at potential competitive threats.


(END) Dow Jones Newswires

02-20-24 0515ET