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Molson Coors Profit, Sales Fall as Beer Demand Remains Soft
WSJ· 2026-02-18 21:39
Group 1 - The company, known for brands like Blue Moon and Miller High Life, reported a net sales decline of 2.7% [1] - Net sales amounted to $2.66 billion, which fell short of analyst estimates of $2.72 billion [1]
EBay to Buy Depop From Etsy for $1.2 Billion
WSJ· 2026-02-18 21:37
Core Insights - The acquisition of Depop is expected to enhance eBay's presence among younger consumers [1] Company Summary - eBay's CEO Jamie Iannone emphasized that adding Depop to its portfolio will significantly increase its reach within the younger demographic [1]
DoorDash Expects Ramped Up Spending to Dent First Quarter
WSJ· 2026-02-18 21:23
Core Viewpoint - The delivery giant anticipates an adjusted EBITDA ranging from $675 million to $775 million, influenced by international investments and further investments in the British company Deliveroo [1] Group 1 - The company is making significant international investments, which are expected to impact its financial performance positively [1] - Further investments in Deliveroo are part of the company's strategy to enhance its market position [1]
Carvana Posts Higher Profit, Revenue on Record Car Sales
WSJ· 2026-02-18 21:13
The used-car marketplace recorded revenue growing 58%, to $5.6 billion, up from $3.55 billion a year earlier. ...
Microsoft Says It Has Reached Its 100% Renewable Electricity Target
WSJ· 2026-02-18 16:14
Core Insights - The tech giant is utilizing renewable power purchase agreements to mitigate its energy purchases, aiming to enhance its sustainability profile [1] - Critics argue that despite these agreements, the company continues to rely on fossil fuels from the grid, raising questions about the effectiveness of its sustainability efforts [1] Group 1 - The company is engaging in renewable power purchase agreements to offset its energy consumption [1] - There is a significant criticism regarding the company's ongoing reliance on fossil fuels, which undermines its renewable energy initiatives [1]
MSG Sports Explores Separating Knicks, Rangers
WSJ· 2026-02-18 16:08
Core Viewpoint - The move is expected to provide each team with greater flexibility and create additional value for shareholders [1] Group 1 - CEO James Dolan emphasized the importance of the move for enhancing team flexibility [1] - The initiative aims to increase shareholder value [1]