Walmart Plans to Raise Prices Because of Tariffs

So far, the retailer has weathered the trade war with strong sales but said the full impact of tariffs on consumers has yet to come.

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Coinbase Global Says Customer Data Stolen, Held for Ransom

The cryptocurrency exchange estimated preliminary expenses of $180 million to $400 million for remediation costs and voluntary customer reimbursements.

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Deere Adjusts FY25 View Amid Tariff Whiplash as 2Q Results Weaken

The world’s largest seller of farm equipment broadened its fiscal 2025 net income outlook to a range of $4.75 billion to $5.5 billion from previous range of $5 billion to $5.5 billion.

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Dick’s Sporting Goods to Buy Foot Locker for $2.4 Billion

Dick’s said it would pay $24 a share in cash for the sneaker retailer, representing a nearly 90% premium to Foot Locker’s share price.

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Alibaba Revenue Grows Despite Competition, Boosting Profit

The Chinese e-commerce giant’s fourth-quarter revenue grew even as it continued to face fierce domestic competition and geopolitical uncertainties abroad.

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UnitedHealth Group Is Under Criminal Investigation for Medicare Fraud

The company’s stock has declined over its financial performance and the sudden replacement of its CEO.

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Singapore Airlines Posts Another Record Annual Profit

The airline said tariffs and trade uncertainty cloud the outlook for the industry.

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Salvatore Ferragamo’s Shares Drop After Brand Turnaround Doesn’t Help Sales

The company faces a broader downturn in demand for high-end goods which has been particularly sharp in China.

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Sandal-Maker Birkenstock Lifts Earnings View After Strong Sales

The U.S.-listed company now expects constant-currency revenue growth toward the high end of its guided 15% to 17% range.

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Iveco, Thyssenkrupp Aim to Cash in on European Defense Boom

Both companies are moving ahead with plans to spin off their defense businesses as Europe pushes to rearm.

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Merck KGaA Shares Slide After Outlook Cut on Tariff, Currency Risks

Shares fell after the company cut its full-year guidance on the back of challenging macroeconomic conditions and foreign-exchange headwinds.

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Siemens Beats Views as Industrial Business Grows

The company posted better-than-expected earnings as industrial business profit grew 29%.

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Deutsche Telekom Lifts Guidance After Revenue Beats Market Expectations

The full-year outlook raise from the telecommunications company reflected strong growth in the U.S.

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Allianz Sticks to Guidance After Profit Misses Views on Higher Costs

Europe’s largest insurer by market capitalization said it was still on track to achieve its outlook for the year after first-quarter profit came in below market expectations.

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Geely’s Profit More Than Tripled on Record Sales

The Chinese automaker said it achieved record sales in the first quarter and saw robust growth in the new-energy business.

(END) Dow Jones Newswires

May 15, 2025 09:00 ET (13:00 GMT)

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