Hormel Foods to Raise Prices After 'Disappointing' 3Q Earnings
Hormel Foods reported what interim Chief Executive Jeff Ettinger called disappointing earnings in its fiscal third quarter, hurt by a steep rise in commodity input costs.
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Even Nvidia Has Speed Limits
Strong AI chip sales came up a bit short for the market's only $4 trillion company.
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Berkshire Hathaway Raises Stake in Mitsubishi
Warren Buffett's Berkshire Hathaway has increased its stake in trading house Mitsubishi Corp., taking it to more than 10%.
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Pernod Ricard Expects Sales to Improve; Continued Challenges in China, U.S.
The distiller expects improving sales trends in the second half of fiscal 2026 following continued weak demand in China and further inventory destocking in the U.S.
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First Google, Now Microsoft: Tech Staff Are in Revolt Over Gaza
Employee activism has put some tech workers at odds with their bosses and tested internal policies at Microsoft and Google.
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HP Expects Growing Demand for AI-Enabled Personal Computers to Continue
The computer and printer maker's AI PC sales continued to rise at a double-digit rate quarter to quarter, CEO Enrique Lores said, which helped the company post better-than-expected revenue.
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After Cracker Barrel Uproar, Activist Investor Seizes the Moment
Activist investor Sardar Biglari, CEO of Steak 'n Shake, has gone after Cracker Barrel on social media in his latest salvo against the family-dining chain.
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Urban Outfitters Says Higher Tariffs Will Eat More of Margins
The retailer logged higher sales and profit in the second quarter, but is forecasting a harder hit from tariffs than previously expected.
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Genesis Cleared to Name Affiliate of Its Owner as Lead Chapter 11 Bidder
A bankruptcy judge allowed the struggling nursing home operator to tap a loan from landlords and an affiliate of its controlling private-equity owner.
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Five Below Lifts View as More Shoppers Look for Value
The discount retailer raised its full-year outlook after sales soared in the second quarter thanks to rising demand for low-cost goods.
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Intel Is Different From Lockheed. The Case Against U.S. Government Investment in Defense.
Commerce Secretary Howard Lutnick's comment about taking stakes in U.S. defense contractors has left Wall Street confused.
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CrowdStrike Swings to Loss, Revenue View Undershoots
The cybersecurity company said after the closing bell Wednesday that it delivered record second-quarter net new annual recurring revenue and exceeded internal expectations across several metrics.
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Kohl's Stock Soars After Troubled Retailer Shows Signs of Improvement
Kohl's narrowed its full-year outlook after logging higher-than-expected sales in the second quarter, a sign its turnaround is resonating with customers.
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Tariffs Are Hitting Your Morning Brew. Folgers Maker Says Prices to Rise Further.
J.M. Smucker swung to a fiscal first-quarter loss, as tariffs raised coffee prices and sapped profit from its retail coffee division.
(END) Dow Jones Newswires
August 28, 2025 07:00 ET (11:00 GMT)
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