Hormel to Raise Prices, Citing Costlier Pork, Beef and Nuts
The Spam maker is the latest company to warn of higher prices for food and household goods. Rising commodity costs led it to reduce its profit outlook.
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With Outcome Uncertain, UAW Claims Battery Plant Win
A contest over United Auto Workers union representation at a Kentucky EV battery plant of Ford Motor joint-venture BlueOval SK is coming come down to a handful of disputed ballots.
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Brunello Cucinelli Logs Higher Profit as Clients Splurge on New Collections
The Italian luxury-fashion group is outpacing some rivals that are still grappling with sluggish demand for luxury goods.
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TD Bank, CIBC Results Echo Peers Buoyed by Lower Credit-Loss Provisions
Toronto-Dominion Bank swung to a profit in the latest quarter after absorbing hefty charges last year for the investigation into its U.S. anti-money-laundering program's failings and as its provision for credit losses fell.
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Best Buy Posts Surprise Sales Increase as Consumer Spending Holds Up
Best Buy posted higher comparable-store sales for the second quarter, and maintained its full-year outlook despite uncertainty around tariffs.
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Dick's Sporting Goods Lifts Outlook as Sales Climb
Dick's Sporting Goods lifted its full-year guidance after logging second-quarter gains on its top and bottom lines as it closes in on completing an acquisition of Foot Locker.
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Pernod Ricard's Brighter Outlook Prompts Cheer
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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Victoria's Secret Lifts Sales Guidance But Flags Doubled Tariff Hit
Victoria's Secret increased its sales target for the full year after strong sales growth in the second quarter, but said it expects the impact of tariffs to be worse than previously thought.
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Dollar General Draws Shoppers Across Income Levels, Raises Outlook
Dollar General raised its full-year outlook after posting better-than-expected second-quarter profit and sales.
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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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Burlington Stores Raises FY Guidance But Remains Cautious Amid Price-Sensitive Shoppers
Burlington Stores raised its full-year guidance after a strong second quarter but said it remains on guard for tariff and economic headwinds that could sway price-sensitive shoppers.
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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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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.
(END) Dow Jones Newswires
August 28, 2025 13:00 ET (17:00 GMT)
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