Dow Jones Top Company Headlines at 7 AM ET: Unilever Sales Growth Picks Up Despite U.S. Slowdown | CarMax ...

Dow Jones
Feb 12

Unilever Sales Growth Picks Up Despite U.S. Slowdown

The company said net profit rose to €9.47 billion in 2025, up from €5.7 billion the year prior, as it continues to reshape the business.

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CarMax Taps Hotel Veteran to Lead Turnaround

Keith Barr, former chief executive of IHG Hotels & Resorts, would bring digital experience to the used-car retailer.

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Asset Manager Nuveen to Buy U.K. Peer Schroders in $13.5 Billion Deal

The deal marks the latest tie-up in the asset-management industry as firms are racing to build the scale needed to weather relentless fee pressure.

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Nissan Motor Projects $4.2 Billion Annual Loss on Restructuring Costs

The Japanese carmaker on Thursday recorded net loss of 28.3 billion yen, equivalent to $184.6 million, for the three months ended December.

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PG&E Posts Lower Profit, Tightens Adj EPS View for Year

PG&E's fourth-quarter net income fell from a year ago but the California power producer boosted the lower end of its projection for 2026 adjusted earnings.

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Siemens Shares Jump on Lifted Outlook, Market View Beat

Revenue rose 8% for the first quarter but net profit dropped on continued currency headwinds.

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Samsung Begins Shipments of HBM4 Products

The South Korean technology giant said Thursday that it is the world's first to mass produce and ship the industry's highest-performance HBM4 products.

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AB InBev Upbeat for 2026 as Volumes Decline Slows

The world's largest brewer said it is confident of continued earnings growth after beer sales volumes fell 1.5%, less than expected.

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Sanofi Names Merck KGaA's Garijo to Replace Hudson as CEO

Belen Garijo steps in after the drugmaker's board of directors decided not to renew Paul Hudson's mandate.

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Hermes' Sales Continue to Grow

The luxury company logged a 9.8% increase in fourth-quarter revenue amid hopes of a sustained luxury rebound this year.

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EssilorLuxottica Shares Gain as Smartglasses Promise Rosy Future

The company behind the Ray-Ban and Oakley brands said booming demand for smartglasses will drive revenue growth over the years to come.

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Lenovo Posts Earnings Beat on AI-Driven Demand

The world's largest personal-computer maker maintained double-digit revenue growth in its third quarter as device sales remained solid and AI server revenue strengthened.

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Grab Hopes to Begin $500 Million Share-Buyback Program Soon, Says CFO

SoftBank-backed ride-hailing firm Grab is hoping to begin its newly announced $500 million share buyback soon, and keep delivering returns to shareholders, the CFO said in an interview.

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Mercedes-Benz Expects New Models and Cost Cuts to Drive Earnings Higher This Year

The German luxury-car maker expects to launch more than 40 new models by 2027 and said its production was running on three shifts to meet high demand.

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British American Tobacco Posts Pretax Profit Jump

British American Tobacco posted a jump in pretax profit as demand for vapor and other smokeless products continued to grow.

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South32 Has No Plans to Supply U.S. Critical Minerals Stockpile

The Australian metals producer anticipates solid demand for the miner's zinc from North American smelters grappling with shortages of raw material.

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Origin Energy Sees Opportunity for Data Centers by Its Power Plants

Frank Calabria, Origin's chief executive, said the Australian company would initially benefit from being a supplier of energy to data centers that he expects will drive growth in power demand in future.

 

(END) Dow Jones Newswires

February 12, 2026 07:00 ET (12:00 GMT)

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