Dow Jones Top Company Headlines at 3 AM ET: Zurich Insurance Reaches $11 Billion Deal to Buy U.K. Insurer Beazley | UBS ...

Dow Jones
Feb 04

Zurich Insurance Reaches $11 Billion Deal to Buy U.K. Insurer Beazley

The Swiss insurer has been courting Beazley since last year and in January went public with several offers that were turned down.

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UBS Targets Profitability Boost, More Buybacks

The bank plans to buy back $3 billion of its own stock this year and signaled more repurchases could follow.

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Spain's Santander Launches Buyback Alongside Earnings Beat

The lender reported a 15% rise in net profit for the last quarter of 2025 and approved a €5 billion share-buyback program.

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Infineon Raises Investments to Meet Unrelenting AI Chip Demand

The company said it would increase investments in the year through September, a sign of robust appetite for AI chips and that suppliers are struggling to meet demand.

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GSK's Specialty Medicines Drive Solid Results

It posted double-digit percentage growth in its immunology and inflammation, oncology and HIV portfolios for 2025, with sales of £32.67 billion.

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Novartis Sales Rise Despite Generic Drug Competition in U.S.

The pharma major said it had strong results in 2025, though it guided toward a decline in core operating profit this year.

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Carlsberg Net Profit Falls as Beer Consumption Declines

Earnings fell as the Danish brewer increasingly relies on its soft drink offerings as consumer appetite for beer softened.

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KKR Makes AI Play With Nearly $11 Billion Asia Data-Center Deal

The U.S. firm will hold a 75% stake in the data-center operator, with Singtel owning the remainder.

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Credit Agricole Profit Slides on Banco BPM Stake Consolidation

The French lender's profit was down 39% from the year-ago period as a charge linked to its stake in Banco BPM overshadowed growth across its business.

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Equinor Posts Earning Slide, Targets Cost Cuts in 2026

Equinor's fourth-quarter earnings slid as weaker oil and gas prices bite, with the company targeting a 10% reduction in operating costs this year and paring back capital expenditure.

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The Out-of-This-World Reasons for Elon Musk's SpaceX Deal

The billionaire is turning to his old playbook to keep his AI ambitions aloft.

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Microsoft's Pivotal AI Product Is Running Into Big Problems

After leaning on its partnership with OpenAI, Microsoft is playing catch-up in the chatbot race. But data shows that it is losing ground with users.

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Hong Kong Company Challenges Panama Court Ruling Canceling Its Port Contracts

CK Hutchison has commenced arbitration against Panama after the country's supreme court voided a contract for the Hong Kong-listed company to operate two ports.

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AMD Sales Climb on Help From Data-Center Business

Stripping out certain one-time items, adjusted per-share earnings were $1.53, ahead of the $1.32 anticipated by analysts.

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Super Micro Computer Posts Higher Second-Quarter Profit on Two-Fold Sales Boost

The maker of server and computer products logged a quarterly profit of $400.6 million as sales more than doubled to $12.68 billion.

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Wegovy Maker Novo Nordisk Forecasts Steep Sales Drop in 2026

Shares tumble as the Danish weight-loss drugmaker says sales could decline as much as 13%.

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Disney's Future Now Depends on the Ultimate Theme Park Insider

Shareholders will be looking for D'Amaro to generate value after the company has underperformed the broader stock market.

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Netflix, Warner Defend Proposed Deal in Senate Hearing

Several senators, both Republicans and Democrats, expressed concern at the Judiciary Committee hearing about the market power of a Netflix-Warner tie-up.

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Mondelez International Fourth-Quarter Profit Falls, Hurt by High Cocoa Costs

The owner of Oreo and Cadbury posted a quarterly profit of $665 million, down from $1.75 billion a year earlier.

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Amgen's Revenue Climbs on Double-Digit Volume Boost

The biotech company's results follow the launch of its direct-to-patient program designed to lower the cost of drugs.

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Chipotle Revenue Rises Despite Decline in Transactions

New restaurant openings helped boost the fast-casual chain's revenue in the latest quarter, even as same-store sales fell.

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EA's Third-Quarter Profit Falls, Despite Higher Revenue

The videogame maker logged a lower quarterly profit of $88 million despite a slight uptick in revenue driven by what it called record net bookings.

 

(END) Dow Jones Newswires

February 04, 2026 03:00 ET (08:00 GMT)

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