Dow Jones Top Company Headlines at 7 am ET: Target Raises Fiscal-Year Forecast Again as Turnaround Gains Traction | Novel ...

Dow Jones
08/19

Target Raises Fiscal-Year Forecast Again as Turnaround Gains Traction

On the heels of a positive quarter, the retailer now expects sales growth of about 5% this fiscal year.

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Novel Cancer Vaccine Prevents Melanoma From Returning in First for mRNA

Result in high-risk patients validates decades of research into mRNA-based therapeutic cancer vaccines.

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Lowe's Trims 2026 Outlook, Profit Flat and Sales Rise

Lowe's lowered its expectations for 2026 as persistent softness in DIY spending is expected to continue to weigh on sales and earnings for the rest of the year.

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Estee Lauder Narrows Loss as Sales Climb

The Estee Lauder Companies narrowed its fiscal fourth-quarter loss on higher sales, as the company's turnaround continued to pick up steam.

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The Key to Pharma M&A: Never Shopping Hungry

Pharmaceutical chiefs are always hunting for drugs to replace expiring blockbusters. But shopping hungry can lead to expensive mistakes.

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SK Hynix Plans More Than $28 Billion Share Buyback

The world's second-largest memory chip maker is accelerating its shareholder-return program via what it says would be South Korea's largest stock buyback.

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OpenAI's Second-Quarter Sales Show Tepid Growth Compared With Anthropic

The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter.

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Chinese Humanoid Robot Leader Soars in Market Debut Despite U.S. Ban

Unitree Robotics is the first humanoid maker to list in mainland China.

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Hong Kong's Exchange Operator Posts Record Quarter on Surging IPOs, Trading Activity

Booming trading and listing activity in Hong Kong propelled the city's exchange operator to another record quarter.

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Carlsberg Lifts Lower End of Guidance as Nonalcoholic Drinks Offset Beer Declines

Soft drinks and other beverages delivered 7.8% growth, driven by gains in multiple markets, while beer volumes declined slightly by 1%.

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Inside Big Tech's Frantic Race to Quell the Growing Backlash to AI

Tech companies are holding listening sessions, offering guaranteed jobs and writing big checks to win public support for the data centers they need.

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JBS Proposes to Acquire Remaining Stake in Pilgrim's Pride

JBS, the world's largest meatpacker, currently owns about 82% of Pilgrim's Pride's common stock.

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Pivotal Child Safety Trial That Could Change Instagram Starts in California

The case, brought by four state attorneys general, alleges that Meta violated state consumer protection laws and federal rules that protect children online.

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Toll Brothers Records Lower Sales as Home Deliveries Decline

The company's home sales declined to $2.65 billion as it delivered 2,662 homes in the quarter, down from 2,959 a year ago.

 

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