BP Cuts Buyback; Profit Misses Expectations
BP said it would return less cash to shareholders after its profit came in worse than expected.
Novartis Lifts Guidance After Profit, Sales Top Views
Novartis raised its 2025 outlook after its core operating profit rose 23% on year, boosted by strong demand for its key drugs.
HSBC's Net Profit Falls, Announces $3 Billion Share Buyback
The London-based bank announced a share buyback of up to $3 billion as it reported a drop in first-quarter net profit.
BBVA's Earnings Jump Beats Views
The Spanish bank made a net profit of 2.70 billion euros for the three months ended March 31 compared with 2.20 billion euros for the same period last year.
Dollar-Store Operator Aims for $1.6 Billion Valuation in Malaysia's Biggest Listing of 2025
Malaysian dollar-store chain Eco-Shop is targeting a $1.60 billion valuation as it launches what is set to be the country's biggest initial public offering that so far this year, showing continued appetite for listings despite recent market volatility.
American Airlines Sues JetBlue as Partnership Talks End
American Airlines is suing JetBlue Airways to recover money owed after partnership talks with the carrier ended over business differences, potentially clearing the runway for its rivals to pursue alliances with JetBlue.
What an Alphabet Breakup Would Mean for Shareholders
If Google's parent company follows the path of AT&T, its constituent parts would be worth a lot more apart than together.
Rheinmetall Beats Forecasts on Strong Defense Business Performance
The arms maker's preliminary earnings beat market forecasts and the company backed its full-year guidance.
Wall Street Banks Sell Final Slug of Elon Musk's X Debt
The loans sat on banks' books for two-and-a-half years until the election of Donald Trump rapidly changed the company's fortunes.
Royal Caribbean's Earnings Are Critical for Cruise Stocks. There's Reason for Hope.
The industry has been steadfast in its view that bookings and pricing remain strong. The stock market has a different take.
(END) Dow Jones Newswires
April 29, 2025 03:00 ET (07:00 GMT)
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