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H&M Earnings Jump as Turnaround Plan Continues
WSJ· 2026-01-29 08:01
Core Insights - The Swedish fast-fashion retailer reported a quarterly earnings beat, indicating strong financial performance driven by well-received collections and effective cost management [1] Company Performance - The company experienced a boost in profit due to successful product collections and tight control over costs [1]
Glencore's 2025 Copper Production Falls Despite Second-Half Recovery
WSJ· 2026-01-29 07:47
Core Insights - The Anglo-Swiss mining and trading company reported an 11% decline in copper production for the previous year, indicating a significant drop in output [1] - However, the company experienced a notable recovery in the second half of 2025, with copper production nearly 50% higher compared to the first half of the year [1] Company Performance - Copper production decreased by 11% year-over-year, reflecting challenges faced by the company in maintaining output levels [1] - The second half of 2025 showed a strong rebound, with production levels almost 50% higher than the first half, suggesting potential for recovery and growth in the upcoming periods [1]
Apple Supplier STMicroelectronics Flags Improving Chip Sales
WSJ· 2026-01-29 07:24
Core Insights - The European chip maker has returned to year-over-year growth driven by increased demand for chips across various sectors including personal electronics, communications, computer peripherals, and industrial machinery [1] Industry Summary - The demand for chips in personal electronics has contributed significantly to the growth of the European chip maker [1] - The communications sector has also shown a strong need for chips, aiding in the company's recovery [1] - Growth in the computer peripherals and industrial machinery markets has further supported the chip maker's positive performance [1]
ABB Logs Higher Orders, Record Revenues
WSJ· 2026-01-29 07:18
Fourth-quarter net profit rose to $1.27 billion from $987 million in the prior year on revenue that grew 9%. ...
Russia's Lukoil to Sell Carlyle Its International Assets
WSJ· 2026-01-29 07:10
Core Viewpoint - The Trump administration has recently blocked a deal involving commodities trader Gunvor, indicating a shift in regulatory stance towards such transactions [1] Group 1 - The news follows a previous decision by the Trump administration to block a deal with Gunvor, highlighting ongoing scrutiny in the commodities trading sector [1]
Roche Forecasts 2026 Growth, Helped by Strength of Drug Pipeline
WSJ· 2026-01-29 07:06
Group 1 - The Swiss drugmaker expects sales to grow in the mid-single-digit range [1] - Core EPS growth is anticipated in the high-single-digit range at constant currencies [1]
Hyundai Quarterly Profit Halves on Tariff Hit
WSJ· 2026-01-29 07:04
Group 1 - The South Korean automaker reported that President Trump's tariffs resulted in an estimated cost of $2.87 billion for the company last year [1] - The company anticipates a similar financial impact from tariffs in 2026 [1]
ING Groep Guides for Further Growth This Year and Next
WSJ· 2026-01-29 07:02
Group 1 - The bank anticipates growth driven by an increase in loan volume and higher income from fees and commissions [1] - The bank aims to diversify its income sources as central banks reduce interest rates [1]
Sanofi to Launch $1.20 Billion Share Buyback
WSJ· 2026-01-29 06:58
Core Insights - The French drugmaker announced a share buyback program following an increase in sales and earnings for the fourth quarter [1] Group 1 - The company's sales and earnings for the fourth quarter showed a positive trend, indicating strong financial performance [1]
Nokia Reports Jump In Sales From AI And Cloud Customers
WSJ· 2026-01-29 06:48
Core Insights - Nokia reported a significant increase in sales of its network infrastructure equipment driven by rising demand from artificial intelligence and data-center customers [1] Company Summary - The surge in demand for network infrastructure is attributed to the growing needs of artificial intelligence applications and data centers [1]