Core Insights - Tapestry reported higher second-quarter revenue, indicating strong performance driven by its Coach brand, which helped offset declines in Kate Spade sales [1] Financial Performance - The company raised its fiscal-year outlook, reflecting confidence in continued growth despite challenges faced by the Kate Spade brand [1]

Hershey reported lower fourth-quarter profit as tariff costs and high cocoa prices continued to hurt its bottom line. ...

Core Insights - Estee Lauder has raised its adjusted earnings outlook for the year, indicating a positive adjustment in financial expectations [1] - The company anticipates that tariff-related challenges will negatively impact its profits by approximately $100 million, primarily affecting the second half of the year [1] Financial Outlook - The adjusted earnings outlook has been lifted, suggesting improved performance expectations for the fiscal year [1] - The expected profit reduction due to tariffs highlights ongoing external economic pressures that could affect overall profitability [1]

Core Insights - Bristol Myers Squibb reported higher fourth-quarter revenue driven by growth in sales of its immuno-oncology treatments, which helped to offset a decline in revenue from some of its older drugs [1] Group 1 - The increase in revenue is attributed to the success of immuno-oncology treatments [1] - Older drugs experienced a decline in revenue, indicating a potential shift in the company's product performance [1]

KKR agreed to acquire Arctos Partners, an investor in professional sports franchise stakes, in a deal initially valued at $1.4 billion. ...

Core Viewpoint - German antitrust officials imposed a fine of approximately $70 million on Amazon.com for breaching competition law through its tools that filter out listings from third-party vendors [1] Group 1 - The fine reflects regulatory scrutiny on major tech companies regarding their market practices [1] - The decision highlights ongoing concerns about competition and fairness in the e-commerce sector [1] - Amazon's practices are under examination as part of broader antitrust investigations in Europe [1]

Barrick Mining is pushing ahead with plans to separate its North American gold operations into a separately listed company in which it plans to retain a controlling stake. ...

The streaming service is joining with Bookshop.org to appeal to readers who read in multiple formats. ...

Core Insights - Cigna Group reported an increase in revenue for its latest quarter, driven by the growth of its pharmacy-benefit business, Evernorth [1] Group 1 - Cigna Group's revenue growth is attributed to the performance of its Evernorth segment, which focuses on pharmacy benefits [1]

Core Insights - The German arms maker's forecasts for the year were below market expectations, leading to a decline in shares as investors reacted to the news [1] Company Summary - The company is an arms manufacturer based in Germany, and its financial outlook has not met the anticipated market performance, which has negatively impacted investor sentiment [1]