Dow Jones Top Company Headlines at 9 am ET: GM Raises Full-year Outlook as Customer Demand Remains Strong | 3M ...

Dow Jones
07/21

GM Raises Full-Year Outlook as Customer Demand Remains Strong

General Motors posted second-quarter net income of $1.31 billion, or $1.41 a share, with revenue rising to $48.03 billion.

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3M Raises Full-Year Forecast as Safety and Electronics Lift Sales

3M increased its full-year targets as the conglomerate saw higher sales in safety and electronics.

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Utz Brands to Be Taken Private in $2.9 Billion Deal

Germany's Intersnack Group will pay $14.25 a share in cash for the Hanover, Pa., company, a 91% premium to Monday's closing price of $7.45.

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Novo Nordisk Files Deceptive Advertising Lawsuit Against Rival Eli Lilly

The maker of Ozempic and Wegovy says its competitor is misleading consumers by citing outdated weight-loss data in advertisements.

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Northrop Grumman Lifts Full-Year Outlook as Backlog Buildup Continues

The aerospace and defense company posted a profit of $1.09 billion, or $7.68 a share in the second quarter, with sales up 5% at $10.88 billion.

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Halliburton Profit Climbs on Higher Revenue

Halliburton logged higher earnings and revenue in the second quarter thanks to gains in both its North American and overseas markets.

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D.R. Horton Lowers Revenue Guidance as Sales Come in Flat

The homebuilder cut its revenue outlook for the fiscal year as sluggish buyer demand and supply issues continue to weigh on builder sentiment

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Hasbro Lifts Outlook as Revenue Rises

Hasbro raised its full-year outlook after swinging to a profit and logging higher revenue in the second quarter, driven by continued strength in its Wizards of the Coast and digital-gaming segment.

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Icahn to Sell Auto-Service Chain Pep Boys to Mavis for $700 Million

Icahn Enterprises, which bought Pep Boys in 2016, is expected to hold on to some owned real estate.

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Kraft Heinz to Tap Disney Magic in Effort to Boost Brands

The multiyear partnership is part of the food conglomerate's effort to reinvigorate its brands.

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Adnoc to Proceed With $6.2 Billion Abu Dhabi Gas Project

Abu Dhabi National Oil Company said it took the final investment decision on the Umm Shaif Gas Cap project alongside TotalEnergies, Eni and the China National Petroleum Corporation.

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Novartis Returns to Growth After Key Drugs Offset Patent Expirations

Second-quarter net sales rose 1% at constant currency as growth from some of its top-selling products offset declines for medicines that lost patent protection.

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SBI Funds Management Shares Rise After India's Largest IPO So Far This Year

Shares of SBI Funds Management climbed in their first day of trading in Mumbai following the firm's billion-dollar initial public offering.

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Tesla Needs More Than an Earnings Beat on Wednesday

As strange as it sounds. Tesla's earnings aren't that important on its second-quarter earnings report. Come to think of it, that isn't that strange for Elon Musk's EV maker.

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Frasers Says Hugo Boss Stake Tops 30% After Latest Acquisitions

The update comes with less than one week remaining for Frasers Group's $2.2 billion offer to take full ownership of the German company to end.

 

(END) Dow Jones Newswires

July 21, 2026 09:00 ET (13:00 GMT)

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