Palo Alto Networks Nears Over $20 Billion Deal for Cybersecurity Firm CyberArk
A deal for the Israeli firm would be the latest in big tech's cybersecurity consolidation.
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L'Oreal Logs Higher Sales Amid North America, China Recovery
The French cosmetics group saw a slight rebound in mainland China, a gradual recovery in North America and strength in emerging markets offset a slowdown in Europe.
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Gucci Owner Kering Posts Sales Drop Amid Lingering Weak Demand
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year period in reported terms.
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Baker Hughes to Acquire Chart Industries for $13.6 Billion
Baker Hughes said the buy will advance its strategic vision, expand its offerings in attractive growth markets and complement its existing capability.
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$85 Billion Deal Creates America's First Coast-to-Coast Rail Operator
With the Union Pacific-Norfolk Southern deal, a single company would control coast-to-coast rail shipments for first time in U.S. history.
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Novo Nordisk Shares Plummet as Competition Weighs on Sales
The pharma giant cut its guidance and named a new CEO, hoping to revive growth. Its stock fell as much as 30%, wiping almost $93 billion from its market value.
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JPMorgan Chase Nears a Deal to Take Over Apple's Credit-Card Program
Discussions between the country's biggest bank and Apple accelerated in recent months.
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UnitedHealth Continues to Struggle as Rising Medical Costs, Shortfalls Affect Business
The company said it had failed to predict or account for the increase in costs when it set its pricing for 2025, particularly in its Medicare business.
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Procter & Gamble Says Consumers Are Under Stress
The company behind brands like Tide, Charmin and Pantene said it is seeing signs of slower spending across its product categories.
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Boeing Narrows Losses in Bid to Reset Business
But the CEO says the company won't seek to boost output of its 737 planes until it is better prepared.
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UPS Quarterly Income and Revenue Fall; 2025 Guidance Withheld
UPS's second-quarter net income and revenue fell as it dropped fewer packages to Americans' doorsteps and the company warned economic visibility was still too poor to provide profit or revenue projections for 2025.
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SoFi Stock Pops on Outlook Raise as Members Keep Piling In
The financial-technology company raised its guidance and said profit surged fivefold in the second quarter.
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PayPal Lifts Full-Year Guidance After Profit Gains From Active Accounts, Venmo
PayPal raised its outlook for the year as its active account tally climbed and its Venmo business thrived.
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JetBlue Sees Demand Improving After Topping Quarterly Targets
JetBlue Airways reintroduced some previously withdrawn guidance after a better-than-expected second quarter signaled travel demand is turning a corner.
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Stanley Black & Decker Stock Falls After Earnings. Tariffs Are Taking a Toll.
The company expects to incur a gross annualized tariff impact of about $800 million.
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Mars to Invest $2 Billion in U.S. Manufacturing Through 2026
The snack giant earmarks further funds to bolster U.S. growth strategy.
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Merck to Lay Off Workers and Narrows Guidance as Earnings Fall
Merck said it is embarking on a multi-year cost-savings plan, which includes cuts to its workforce and real-estate footprint, as it looks to redirect resources toward new product launches.
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Spotify Gains Subscribers but Posts Loss
The audio streaming service added more listeners than it had forecast, but reported a net loss for the second quarter.
(END) Dow Jones Newswires
July 29, 2025 13:00 ET (17:00 GMT)
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