Dow Jones Top Company Headlines at 3 AM ET: Ozempic Maker Novo Nordisk Lowers Growth Outlook of Its Blockbuster Drugs | Orsted ...

Dow Jones
Nov 05

Ozempic Maker Novo Nordisk Lowers Growth Outlook of Its Blockbuster Drugs

Intensifying competition, pricing pressure and copycat versions of Ozempic and Wegovy hold back sales at the pharma giant.

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Orsted Swings to Loss Following U.S. Stop-Work Order, But Stays Upbeat for Full Year

The renewable-energy company said it remained confident of reaching its full-year targets.

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Vestas Wind Systems Earnings Rise, Narrows Guidance

It now expects between 18.5 billion euros and 19.5 billion euros in 2025 revenue partly reflecting lower expected earnings in its service division.

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BMW Expects Strong Demand in 2026 After Earnings Boosted by Lower Costs

The carmaker said it was on track to meet its full-year targets, with strong demand for the new iX3 model expected to drive growth next year.

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Toyota Raises Sales, Earnings Guidance Despite U.S. Tariff Impact

The carmaker now expects group vehicle sales to rise 2.6% to 11.30 million units.

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Hong Kong Exchange Operator Posts Another Record Quarter on Stronger Trading, Listing Activity

Hong Kong Exchanges & Clearing reported record profit and revenue for the third quarter as trading and listing activity in the Asian financial hub gathered momentum.

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Siemens Healthineers Reports Fall in Profits, Citing Tariffs

Higher comparable revenue stemming from the transformation program of its diagnostics business was offset by a hit from U.S. tariffs.

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Unilever's Magnum Sets IPO Date After U.S. Shutdown Delay

The company will list on the Euronext Amsterdam, NYSE and London Stock Exchanges on Dec. 6, after finding a way to push forward despite the U.S. government shutdown.

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Malaysia's Sunway Healthcare to Begin Pre-Deal Investor Talks for $1 Billion IPO

Malaysia's Sunway Healthcare Group will soon start engaging investors ahead of a planned initial public offering that could raise up to $1.0 billion.

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AMD Reports Sharply Higher Profits, Sales

The chip maker reported steep gains in both profit and sales for the third quarter as it moved deeper into AI data centers and increased sales of personal computer processors.

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IBM to Lay Off Thousands of Employees Before End of Year

The tech company said the cuts, scheduled for the current quarter, will affect a small percentage of its workforce.

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Naver Posts Record Earnings on AI Push

The South Korean internet giant reported record third-quarter earnings as its artificial-intelligence push drove strong growth at its core platform and online-commerce segments.

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Bain Capital in Talks to Acquire Perpetual's Wealth Management Unit

Australian investment manager Perpetual said it is in talks with Bain Capital over a potential sale of its $14 billion wealth-management business.

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Super Micro Raises Revenue Outlook as Order Book Expands

The server maker now expects revenue for fiscal 2026 to hit at least $36 billion amid rising AI-related demand for Nvidia-equipped servers.

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Pinterest Third-Quarter Sales Rise, Sees Slower Growth in Fourth Quarter

The social-media platform now expects revenue in the fourth quarter to slow to 14% to 16%, despite recording 17% growth in the third quarter.

 

(END) Dow Jones Newswires

November 05, 2025 03:00 ET (08:00 GMT)

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