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Eurozone Bond Yields Edge Up, But Some More Room Seen for Market Rally
WSJ· 2025-10-16 06:37
Eurozone bond yields edged higher and Commerzbank said the rally could continue as catalysts remain absent without U.S. data. ...
Germany's Merck Sets Out Midterm Sales Growth, Profitability Expansion Targets
WSJ· 2025-10-16 06:00
Core Insights - The company confirmed its 2025 guidance, targeting annual organic sales growth in the mid-single-digit percentage range and an expansion in profitability over the medium term [1]
TSMC Posts Another Record Profit on Surging AI Chip Demand
WSJ· 2025-10-16 05:58
The world's largest contract chip maker delivered another record quarterly profit, as demand for chips needed for AI and high-performance computing showed no signs of abating. ...
Nestle Plans to Cut Workforce by 16,000 in Cost-Savings Push
WSJ· 2025-10-16 05:44
The company said 12,000 of the positions to be cut will be white-collar jobs as it lifts its cost-savings target to $3.77 billion by 2027. ...
Pernod Ricard Hopeful on Full Year Despite Falling Sales
WSJ· 2025-10-16 05:42
Core Viewpoint - The distiller is optimistic about sales improvement in the current fiscal year despite facing challenges in the first quarter due to restrained consumer behavior in key markets like the U.S. and China [1] Group 1 - The distiller experienced a tough first quarter [1] - Consumer behavior in the U.S. and China markets has been restrained [1] - The company remains upbeat about future sales prospects [1]
ABB Posts Earnings Increase, Appoints New CFO
WSJ· 2025-10-16 05:30
The industrial-technology company said Timo Ihamuotila was stepping down and appointed Christian Nilsson as its new financial chief. ...
AI Data Centers, Desperate for Electricity, Are Building Their Own Power Plants
WSJ· 2025-10-16 01:00
Core Insights - Utilities are striving to increase supply to meet the rising demand, but the process is expected to be neither quick nor easy [1] - Technology companies are proactively addressing the situation rather than waiting for utilities to catch up [1] Group 1: Utilities - Utilities are facing challenges in scaling up supply to match the surge in demand [1] - The increase in demand for utility services is significant, indicating a potential strain on existing infrastructure [1] Group 2: Technology Companies - Tech companies are taking initiative to adapt to the growing demand for energy and utility services [1] - The proactive approach of tech companies may lead to innovative solutions that could alleviate some pressure on utilities [1]
Feds Find No Evidence of Tariff Cheating Among Appliance Makers
WSJ· 2025-10-15 23:57
Core Viewpoint - Federal officials have found no evidence supporting Whirlpool's claims of widespread undervaluation of imported appliances, which were made in the context of potential tariff evasion by competitors [1] Group 1 - Whirlpool accused its rivals of possible tariff evasion last month [1] - The investigation by federal officials concluded without evidence of widespread undervaluation [1]
HPE Expects Revenue Growth to Slow in Next Fiscal Year
WSJ· 2025-10-15 21:51
The technology company expects revenue to grow between 5% to 10% for fiscal 2026 as it targets higher-growth businesses to improve profit. ...