Dow Jones Top Company Headlines at 11 PM ET: EQT Plans to Take Fujitec Private Through $2.7 Billion Tender Offer | Starbucks ...

Dow Jones
2025/07/30

EQT Plans to Take Fujitec Private Through $2.7 Billion Tender Offer

Swedish investment company EQT plans to take Fujitec, the Japanese maker of elevators and escalators, private through a $2.7 billion tender offer.

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Starbucks Abandons Mobile Order, Pickup-Only Stores

The world's biggest coffee chain is moving away from operating stores that only accept mobile orders for pickup because they don't have the right vibes.

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Palo Alto Networks Nears Over $20 Billion Deal for Cybersecurity Firm CyberArk

A deal for the Israeli firm would be the latest in big tech's cybersecurity consolidation.

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Mondelez Logs Higher Profit, Revenue in Second Quarter

Mondelez posted higher profit and revenue as the snacking company raised the prices of its chocolate products to offset continued inflation in cocoa costs.

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Boeing Takes Slow Approach to Expansion

CEO Kelly Ortberg said the firm isn't seeking approval to boost 737 production until internal metrics "show that we're ready."

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Sysco's New Compensation Model Cost It Customers Last Year. Now It's Paying Off, CEO Says.

The foodservice distributor expects sales to keep climbing this year, buoyed by expectations for significantly improved customer retention.

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Visa Profit, Sales Rise on Resilient Consumer Spending

The credit-card company reported increases in profit and sales in the fiscal third quarter as consumer sentiment stayed strong.

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Booking Posts Sales Jump; Sees Steady Demand

The online travel agency posted a jump in revenue in the second quarter, though its profit fell.

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Electronic Arts Posts Better-Than-Expected First-Quarter Results

The videogame developer posted a profit of $201 million, partly boosted by its F1 25 game.

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Caesars Entertainment Posts Narrower Loss on Digital Revenue Gains

The hotel and casino company had a narrower loss in the second quarter as revenue from its digital segment increased.

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Novo Nordisk Shares Plummet as Competition Weighs on Sales

The pharma giant cut its guidance and named a new CEO, hoping to revive growth. Its stock fell as much as 30%, wiping almost $93 billion from its market value.

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Gucci Owner Kering Posts Sales Drop Amid Lingering Weak Demand

The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year period in reported terms.

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JPMorgan Chase Nears a Deal to Take Over Apple's Credit-Card Program

Discussions between the country's biggest bank and Apple accelerated in recent months.

 

(END) Dow Jones Newswires

July 29, 2025 23:00 ET (03:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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