Exxon Sees M&A Possibilities As Oil Giants Post Lower Profits
Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess.
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Perella Weinberg Strikes Deal for Advisory Firm Specializing in Red-Hot Market
The boutique investment bank is buying Devon Park Advisors, a big player in continuation-fund deals.
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IAG Operating Profit Beats Consensus on Strong Revenue Growth
The British Airways owner said however that it expects underlying costs to increase due to lower capacity growth and higher resilience costs.
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Nintendo Gets Profit Boost From Strong Switch 2 Sales
The videogame maker said it had sold more than 6 million units of the console since its early June launch and is now boosting production due to strong demand.
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Moderna Logs Sales Beat Despite Declining Vaccine Demand
Moderna's second-quarter sales fell less sharply than Wall Street expected as it works to expand its offerings amid weakening demand for its Covid-19 vaccine.
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Kimberly-Clark Sales Dip but Adjusted Profit Above Views
Kimberly-Clark's second-quarter adjusted profit came in above Wall Street estimates but sales fell short of analysts' expectations, driven mostly by divestitures and business exits.
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Colgate-Palmolive Aims to Bolster Productivity as Profit, Revenue Rise
The maker of Ajax and Softsoap on Friday posted a profit of $743 million, or 91 cents a share, compared with $731 million, or 89 cents a share, a year earlier.
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Newell Brands Revises 2025 Outlook, Quarterly Sales Decline
Newell Brands, maker of Yankee Candle and Sharpie pens, has revised its outlook for the year to better account for the cost of tariffs.
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Why Amazon's Massive Retail Business Is No Longer Enough
The accelerating cloud growth at Microsoft and Google points to artificial-intelligence momentum that AWS doesn't show yet.
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Etsy Turns From TV Ads Toward Search, With AI as the Wild Card
The online seller is making a long-term bet on fashion marketplace Depop as the company's overall buyers continue to drop.
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Intel Chip-Packaging Expert Takes Job at Samsung
Gang Duan, who was named Intel's inventor of the year in 2024, has left the U.S. company and taken a job at Samsung's components business.
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Universal Music Shares Fall on Disappointing Earnings and Cash
Investors had high hopes following a strong first quarter but its latest earnings and free cash flow missed expectations.
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Why Ford's Made-in-America Strategy Hurts It in Trump's Trade War
The company says new tariff deals with Japan, the EU and South Korea put it at a disadvantage.
(END) Dow Jones Newswires
August 01, 2025 13:00 ET (17:00 GMT)
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