SoftBank Returns to Health as Silicon Valley and Chip Investments Prosper

The technology investor reported its first profit in more than a year, partly driven by gains in its Vision Funds segment. 


 
Siemens First Quarter Beats Guidance

Siemens confirmed its outlook for 2024 after it reported an increase in profit for the first quarter, reflecting earnings growth across most of its businesses. 


 
Unilever Operating Profit Rises, Plans Buyback

Unilever posted a better-than-expected operating profit for 2023, with underlying sales growth of 7%, and launched a buyback to start in the second quarter. 


 
Maersk Suspends Buyback as It Navigates Uncertain Market

Maersk suspended its share buyback program as it moved to preserve cash, with uncertainty surrounding disruption in the Red Sea and as industry overcapacity continued to drag on freight rates. 


 
Société Générale Profit Tumbles But Tops Forecasts

Société Générale's fourth-quarter net profit was weighed by an almost-10% drop in revenue and higher operating expenses. 


 
Publicis Sees Revenue Growth Ahead of Views

Publicis said it expected organic revenue growth of 4%-5%, slowing from the previous year, but ahead of consensus estimates of 3.7%. 


 
Honda Motor Posts Profit Rise on Stronger U.S. Car Sales

The carmaker reported a rise in third-quarter net profit as earnings from its car business climbed sharply thanks to U.S. sales growth. 


 
AGL Energy Narrows Annual Profit Guidance

The company also expects a full-year underlying net profit of A$680 million-A$780 million, representing a tighter range than before. 


 
Disney Turns to Taylor Swift, 'Fortnite' to Bolster Its Fortunes

CEO Bob Iger is charting the entertainment giant's future, from investment in Epic Games to exclusive concert footage, streaming sports and a "Moana" sequel. 


 
Amazon's Newest Competitors Are Stepping Into Its Territory-Literally

Shein and TikTok are expanding in Amazon's backyard and recruiting its employees.


(END) Dow Jones Newswires

02-08-24 0315ET