CSX Standoffish as Merger Questions Overshadow Third Quarter Results
The railroad operator emphasized its strategy as a standalone company following the deal between Union Pacific and Norfolk Southern during its third-quarter earnings call.
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Interactive Brokers Logs Higher Profit, Revenue as Trading Volume Climbs
The online brokerage platform posted a profit of $263 million, or 59 cents a share, compared with $184 million, or 42 cents a share, a year earlier.
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Smartmatic Indicted Over Alleged Bribes
The voting-machine company earlier brought defamation suits against Trump allies over claims it rigged the 2020 election.
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Salesforce Stock Has Been an AI Loser. Why New Targets Could Bring Back Optimism.
Salesforce stock was receiving a boost after it said it expects to generate more than $60 billion in revenue in fiscal-year 2030
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Nestle to Slash 16,000 Jobs in Bid to Revive Fortunes
The Swiss company said the majority of the positions to be cut will be white-collar jobs as its new CEO seeks to drive cost savings. Its shares rose 8%.
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Ray-Ban Maker EssilorLuxottica's Revenue Surges to Quarterly Record
The Franco-Italian eyewear group posted revenue of $8 billion in its best quarter since its 2018 formation as consumer appetite for AI glasses remained strong.
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IKEA's Yearslong Price-Cutting Bonanza Is Coming to an End
The furniture retailer is raising prices on some products, and working to source more goods in the U.S. because of President Trump's tariffs.
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Charles Schwab Profit, Revenue Up Amid Higher Trading Volumes
Charles Schwab notched a higher profit in the third quarter as revenue jumped to what the company called record levels, thanks to boosted trading volumes and capital inflows.
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BNY Profit Rises on Higher Net Interest and Fees
Bank of New York Mellon posted higher third-quarter profit, boosted by a surge in net interest income and fees revenue.
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Giuseppe Marsocci to Succeed Giorgio Armani at Helm of Namesake Fashion House
Marsocci worked alongside Armani in the global management of the business as deputy managing director and chief commercial officer.
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U.S. Bancorp Income Rises on Record Quarterly Revenue
U.S. Bancorp notched a rise in earnings for the latest quarter thanks to record revenue and loan growth.
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Travelers Quarterly Profit Rises
Travelers logged a higher profit in the third quarter, thanks to a rise in revenue and net written premiums.
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Bavarian Nordic's Largest Shareholder Stands Firm Against $3.1 Billion Takeover Bid
ATP's rejection of a sweetened bid from private-equity firms for the vaccine maker casts doubt over whether the deal will go through.
(END) Dow Jones Newswires
October 16, 2025 19:00 ET (23:00 GMT)
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