Rio Tinto Abandons Mega-Merger Talks With Glencore
A deal would have created the world's largest mining company, worth more than $200 billion. Glencore shares fell around 8%.
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Barrick Aims for IPO of North American Gold Assets This Year
Barrick Mining said it will break off its North American gold assets into a separate company as the miner seeks to boost value at a time when prices for the precious metal have soared.
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Peloton Revenue Falls on Declining Subscriptions as CFO Leaves
Peloton's revenue was down in the fiscal second quarter on falling subscription numbers as the company projected further declines going into the third quarter.
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Tapestry Boosts Outlook as Coach Sales Surge
Tapestry reported higher second-quarter revenue and raised its fiscal-year outlook as growth from its Coach brand offset declines in Kate Spade sales.
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Hershey Expects Higher Prices to Boost 2026 Profit
Hershey issued a strong 2026 outlook, expecting price increases announced last year to boost revenue and profit even amid cautious consumer sentiment.
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Shell Keeps $3.5 Billion Buyback Despite Slide in Earnings
Adjusted earnings fell to $3.26 billion from $5.43 billion in the preceding quarter.
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Estee Lauder Lifts Outlook, Warns of Tariff Impact
Estee Lauder lifted its adjusted earnings outlook for the year but continues to expect tariff-related headwinds to hurt its profit by about $100 million, mostly in the second half.
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Cardinal Health Lifts Outlook After Posting Higher Profit
Cardinal Health raised its outlook for the year after logging higher profit and revenue in its fiscal second quarter.
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ConocoPhillips Posts Weaker Profit on Lower Prices
ConocoPhillips' fourth-quarter earnings fell, hurt by lower prices that were slightly offset by higher production.
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Rockwell Automation Lifts Guidance as Profit Jumps
Rockwell Automation lifted its full-year guidance as rising demand boosted profits in the fiscal first quarter.
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Spotify, a Major Audiobook Provider, Will Soon Offer Physical Books
The streaming service is joining with Bookshop.org to appeal to readers who read in multiple formats.
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Canada Goose Profit Slips on Higher Costs
Canada Goose's profit slipped in its fiscal third quarter as heavier marketing spending and one-time charges outweighed revenue gains in its key holiday period.
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KKR to Acquire Pro Sports Investor Arctos in $1.4 Billion Deal
KKR agreed to acquire Arctos Partners, an investor in professional sports franchise stakes, in a deal initially valued at $1.4 billion.
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Cigna Revenue Lifted by Growth in its Evernorth Unit
Cigna Group logged higher revenue in its latest quarter as its pharmacy-benefit business Evernorth continues to grow.
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Vestas Shares Slide After Mixed Earnings Report
The company reported adjusted earnings before interest and taxes of €580 million in the fourth quarter, shy of analyst expectations.
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Bristol Myers Squibb Revenue Ticks Up on Immuno-Oncology Growth
Bristol Myers Squibb reported higher fourth-quarter revenue as growth in sales of its immuno-oncology treatments helped to offset a decline in revenue for some of its older drugs.
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Maersk Lowers Earnings Outlook; To Cut 1000 Jobs
Shares in A.P. Moller-Maersk dropped after it said earnings would drop sharply this year and announced job cuts as part of plans to save around $180 million annually.
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Amazon Fined in Germany Over Price-Filtering Tools
German antitrust officials fined Amazon.com about $70 million, saying tools it uses to filter out listings from third-party vendors were in breach of competition law.
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Google Leans Hard Into Its AI-Winner Status
Ad and cloud growth acceleration justify the recent surge in Alphabet's stock, but the blowout capex forecast still takes one's breath away.
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SpaceX Seeks Early Index Entry as It Prepares Massive IPO
Advisers to Elon Musk have reached out to major index providers seeking ways to secure earlier inclusion in market benchmarks to lift shares.
(END) Dow Jones Newswires
February 05, 2026 11:00 ET (16:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.