Coca-Cola's stock gains after sales top forecasts, as prices and volume rose

Case volume growth was strongest in juice, value-added dairy and plant-based beverages. 


 
Marriott's stock drops as Q4 revenue falls short

Profit jumps by 26%, but the hotel operator's adjusted profit outlook misses estimate. 


 
Hasbro's stock plunges after another profit miss, downbeat sales outlook

Hasboro saw the third straight miss of earnings expectations, and the biggest miss on a percentage basis since second-quarter results of 2020, according to FactSet data. 


 
Phillips 66 Names Elliott-Backed Director to Board

Oil refiner Phillips 66 named former Cenovus executive Robert W. Pease to its board, succumbing to pressure from activist investor Elliott Investment Management. 


 
Russia Buying Musk's Starlink Systems in Arab Countries, Ukraine Says

Ukraine's military intelligence agency posted a recording that allegedly captures Russian soldiers discussing how to obtain the satellite internet system. 


 
Carl Icahn Reports Stake in JetBlue

The activist investor has a nearly 10% stake in the airline and may consider pushing for board representation. 


 
Google and Anthropic Are Selling Generative AI to Businesses, Even as They Address Its Shortcomings

'We're not in a situation where you can just trust the model output,' said Eli Collins, vice president of product management at Google DeepMind. 


 
Tesla Stock Is Falling Again. Rival's Fast-Charging Tech Signals Tough Road Ahead.

The electric vehicle maker is now the second worst performer in the S&P 500 so far in 2024, down 24.3%. 


 
BlackBerry to Cut Additional Jobs in Profitability Push

The company said it had made progress toward separating its internet-of-things and cybersecurity businesses and expects a positive cash position in the coming fiscal year. 


 
Super Bowl Draws 123.4 Million Viewers, Setting TV Ratings Record

The Chiefs' victory over the 49ers broke viewership records, boosted by an overtime win and the presence of Taylor Swift.


(END) Dow Jones Newswires

02-13-24 0915ET