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Krispy Kreme to Sell Japan Operations for $65 Million Proceeds
WSJ· 2025-12-19 16:46
Core Viewpoint - Krispy Kreme has entered into an agreement to divest its operations in Japan to Unison Capital for approximately $65 million, which will be utilized to reduce the company's debt burden [1] Group 1 - The sale of Krispy Kreme's Japan operations is part of a strategic move to manage its financial obligations [1] - The cash proceeds from the transaction amount to about $65 million, indicating a significant financial maneuver for the company [1] - The decision to sell reflects Krispy Kreme's ongoing efforts to streamline operations and focus on core markets [1]
Eurozone Consumer Confidence Weakens in December
WSJ· 2025-12-19 16:12
Eurozone consumer sentiment unexpectedly weakened in December despite cooling inflation and economic resilience against tariffs, a monthly indicator showed. ...
U.S. Labor Market Softened in October, November
WSJ· 2025-12-19 15:58
Core Insights - The Conference Board's Employment Trends Index has declined to 105.80, indicating a potential slowdown in hiring activity [1] - The increase in the unemployment rate has raised further concerns regarding employment trends [1] Employment Trends - The Employment Trends Index reflects a joint number for both months, suggesting a consistent downward trend in employment indicators [1] - The decline in the index may signal challenges for companies in maintaining or increasing their workforce [1]
Consumer Sentiment Rose in December But Remains Dim, Michigan Survey Suggests
WSJ· 2025-12-19 15:32
Group 1 - The University of Michigan's monthly survey's headline index increased to 52.9 this month, up from 51 in November [1]
Home Sales Rose in November for the Third Consecutive Month
WSJ· 2025-12-19 15:01
Sales hit their highest level since February, after lower mortgage rates injected some fresh momentum into the long sluggish housing market. ...
Lamb Weston Swings to Profit as Revenue Ticks Up
WSJ· 2025-12-19 14:35
Core Insights - Lamb Weston reported a profit in its latest quarter, indicating a positive shift in financial performance as revenue increased [1] Financial Performance - The company experienced a rise in revenue, contributing to its profitability in the recent quarter [1]
Union Pacific, Norfolk Southern File for Merger Approval From Surface Transportation Board
WSJ· 2025-12-19 13:32
Group 1 - Union Pacific and Norfolk Southern have filed an application with the Surface Transportation Board for approval of their proposed merger [1]
BioMarin to Buy Amicus Therapeutics for $4.8 Billion
WSJ· 2025-12-19 13:13
Group 1 - BioMarin Pharmaceutical has agreed to acquire Amicus Therapeutics for approximately $4.8 billion in cash [1]
Conagra Sales Decline as Consumer Spending Remains Challenged
WSJ· 2025-12-19 13:02
Core Insights - Conagra experienced a decline in sales during its latest quarter as consumers reduced spending on its products [1] Company Summary - The company reported lower sales figures compared to previous periods, indicating a shift in consumer behavior towards spending less on its offerings [1]
Winnebago Swings to Profit on Higher Sales of Motorhome, Towable RVs
WSJ· 2025-12-19 12:34
Core Insights - Winnebago Industries reported a profit in its fiscal first quarter, attributed to increased sales of motorhomes and towable RVs [1] Company Performance - The company experienced a significant rise in sales, leading to a profitable quarter [1] Industry Trends - The growth in sales of motorhomes and towable RVs indicates a positive trend in the recreational vehicle market [1]