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Novartis Posts Higher Net Profit as Key Drugs Lift Sales
WSJ· 2025-10-28 07:06
Core Insights - The drugmaker reported a third-quarter profit of $3.93 billion, driven by increased sales of key drugs which helped to mitigate the impact of patent expirations [1] Financial Performance - The third-quarter profit reached $3.93 billion, indicating strong financial performance despite challenges [1] - Higher sales for key drugs were a significant factor contributing to the profit [1] Market Impact - The company successfully offset losses from patent expirations through strategic sales increases [1]
BNP Paribas Profit Rises on Retail Recovery, Investment Banking Performance
WSJ· 2025-10-28 07:05
Core Insights - The largest bank in the eurozone by assets reported a net profit that is 6.1% higher than the previous year [1] Company Summary - The bank's net profit reflects a positive growth trend compared to the same period last year, indicating strong financial performance [1]
Danone Reports Sales Rise on China Growth
WSJ· 2025-10-28 06:58
Core Insights - The company achieved a sales growth of 4.8% on a like-for-like basis, driven by accelerating growth in China while facing a continued slowdown in North America [1] Group 1 - Sales growth of 4.8% on a like-for-like basis indicates positive performance overall [1] - Accelerating growth in China suggests strong market demand and potential for future expansion [1] - Continued slowdown in North America highlights regional challenges that may impact future performance [1]
Amundi Extends Momentum With Growth in Client Assets
WSJ· 2025-10-28 06:16
Group 1 - Total assets under management reached €2.317 trillion as of September 30, indicating a 2.2% increase compared to three months earlier [1]
HSBC Quarterly Profit Falls on $1.1 Billion Hit From Madoff Lawsuit
WSJ· 2025-10-28 04:42
Core Insights - The London-based bank reported a net profit decline of 21% year-over-year, amounting to $4.87 billion for the three months ending in September [1] Financial Performance - Net profit decreased from the previous year, reflecting a significant drop in earnings [1] - The reported figure of $4.87 billion indicates a challenging financial environment for the bank during this period [1]
Why ‘Yellowstone' Mastermind Taylor Sheridan Decided to Ditch Paramount
WSJ· 2025-10-28 02:02
Core Insights - The creator of popular shows such as "Tulsa King" and "Landman" is departing from the entertainment company due to tensions with the new Paramount CEO David Ellison's leadership team [1] Company Summary - The departure of the creator indicates potential shifts in the company's creative direction and management dynamics [1] - The tension with the new CEO's leadership team suggests possible challenges in aligning creative vision with corporate strategy [1] Industry Summary - The entertainment industry may see increased volatility as leadership changes occur, impacting content creation and project development [1] - The exit of key creative figures can lead to uncertainty regarding future programming and audience engagement [1]
South Korea's Economy Accelerated in Third Quarter
WSJ· 2025-10-28 00:35
Gross domestic product rose 1.2% in the July-September period from the previous quarter, driven by government stimulus and exports' resilience despite tariff headwinds. ...
The Good Vibes Are Back on Wall Street
WSJ· 2025-10-27 23:00
Earnings, deals and trade talks helped send all three major U.S. stock indexes to records, marking a significant pickup in momentum after a bumpy stretch. ...
F5 Expects Revenue Hit from Cyber Attack
WSJ· 2025-10-27 22:19
The cyber attack, which was reported earlier in October, could prompt some customers to delay or cancel deals, Chief Executive François Locoh-Donou said. ...
A Dormant Nuclear Plant in Iowa Is Poised to Power Google's Energy Needs
WSJ· 2025-10-27 21:22
The tech giant is reviving the Duane Arnold Energy Center, the latest big tech move to fuel expansive artificial intelligence ambitions. ...