Dow Jones Top Company Headlines at 11 AM ET: Warner Discovery Moving Fast on Split or Sale, CEO Says | Charles ...

Dow Jones
2025/11/07

Warner Discovery Moving Fast on Split or Sale, CEO Says

Chief Executive David Zaslav said the company's exploration of a possible sale of some or all of its holdings is briskly moving ahead.

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Charles Schwab Joins Wall Street's Push Into Private Assets With Forge Global Deal

The brokerage firm's wealthy customers will be able to invest directly in private companies.

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Judge Agrees to Dismiss Boeing Criminal Case Tied to 737 MAX Crashes

The federal judge in Fort Worth, Texas, agreed with the Justice Department's request despite objections from some victims' families who wanted the case to go to trial.

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Moderna Swings to a Loss on Fewer Covid-19 Vaccine Sales

Moderna swung to a loss and logged lower sales in the third quarter as it works to expand its offerings amid weakening demand for its Covid-19 vaccine.

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EchoStar Loss Widens on Charges

EchoStar's third-quarter loss widened due to lower revenue and a charge on its multibillion-dollar sales of wireless spectrum, and the company appointed a new CEO.

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Nissan Remains in Red Amid Restructuring, Tariff Pressures

The carmaker posted its fifth straight quarterly net loss, as U.S. tariffs proved a major speed bump for the company, which is seeking to turn its business around.

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Tapestry Boosts Outlook as Coach's Gen Z Success Helps Offset Tariff Costs

Tapestry reported higher first-quarter sales and profit and raised its full-year outlook as its Coach brand continues to attract Gen Z customers.

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Diageo Lowers Guidance on Weakness in U.S. and China

Organic net sales growth for the 2026 fiscal year is seen flat to slightly down, while organic operating profit growth is expected in the low to mid-single digit range.

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DuPont de Nemours Posts Higher Sales

DuPont de Nemours recorded higher third-quarter sales, authorized $2 billion in stock repurchases and declared a quarterly dividend of 20 cents a share.

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CarMax Cuts Ties With CEO Nash

CarMax terminated its chief executive Bill Nash, who had served as CEO of CarMax since 2016, and will be temporarily succeeded by board member David McCreight, who has been named interim president and CEO.

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Under Armour Swings to Quarterly Loss, Expects Lower FY26 Revenue

Under Armour swung to a fiscal second-quarter loss as sales of sportswear fell, a trend it warned is likely to continue during the balance of its fiscal year.

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Krispy Kreme Reshaping Distribution in Push for Profitability

Krispy Kreme said it is retooling its distribution network to prioritize selling doughnuts through retailers like Walmart and Costco.

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Bloomin' Brands Implements Turnaround Strategy Amid Quarterly Loss

Bloomin' Brands will implement a turnaround strategy, with a key focus on its Outback Steakhouse banner, as it aims to drive long-term sustainable and profitable growth.

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Ralph Lauren Boosts Outlook as Global Demand Remains Strong

Ralph Lauren raised its full-year outlook as it recorded double-digit revenue growth across all of its geographic segments.

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ESPN and Penn Entertainment End Sports-Betting Pact Early

Disney-owned ESPN has forged a new deal with sports-betting giant DraftKings that starts in December.

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German Regulator Hands $52 Million Fine to JPMorgan

The regulator said that Frankfurt-based J.P. Morgan SE failed to submit suspicious activity reports in a timely manner from October 2021 through September 2022.

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Shipping Giant Maersk Lifts Lower End of Earnings Guidance on Strong Demand

Strong container demand and cost efficiencies countered falling freight rates as volumes into North America, particularly from China to the U.S., declined.

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ArcelorMittal Shares Rise on Earnings Prospects as Europe Moves to Boost Its Steelmakers

The steelmaker said it expects a potential earnings before interest, taxes, depreciation and amortization increase of $2.1 billion in coming years.

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Is the Drought in Life-Sciences IPOs Over? Two Startups Will Test Demand

Biotech Evommune and diagnostics startup BillionToOne will begin trading today, with venture investors avid to see public markets fully embrace the sector again.

 

(END) Dow Jones Newswires

November 06, 2025 11:00 ET (16:00 GMT)

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