Dow Jones Top Company Headlines at 5 PM ET: McDonald's Says Its Value Campaign Is Paying Off | Musk ...

Dow Jones
Feb 12

McDonald's Says Its Value Campaign Is Paying Off

Customer traffic and sales improved at the burger giant after push on affordability.

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Musk Announces xAI Reorganization, Staff Departures

Co-founders exit as the artificial intelligence startup merges with SpaceX.

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Cisco Sales Rise as AI Hyperscalers Drive Demand

The company posted a second-quarter profit of $3.18 billion, up from $2.43 billion a year earlier.

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Kraft Heinz's CEO Signed On for a Breakup. Now He Has a Plan to Keep It Together.

CEO Steve Cahillane said critical work is needed to return the business to profitable growth.

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Bill Ackman Makes a Big Bet on Meta

Pershing Square has disclosed a roughly $2 billion position in Facebook's parent.

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AppLovin Profit Rises as Sales Jump

The advertising company reported revenue surged 66% to $1.66 billion, compared with $599.2 million a year ago

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T-Mobile Added Fewer Postpaid Phone Subscribers Than Expected in Fourth Quarter

The cell carrier logged lower profit despite higher revenue in its latest quarter as it continued to add subscribers for its most lucrative phone offering.

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Humana Reports Wider Quarterly Loss

Humana reported a wider fourth-quarter loss as medical costs continue to rise and said it expects a sharp decline in 2026 earnings due to lower quality ratings of its Medicare plans.

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Mattel's stock sinks as weak earnings reveal a tale of two toymakers

Mattel and Hasbro both faced a difficult holiday season. But only one of them has "Magic: The Gathering. "

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Heineken to Cut Up to 6,000 Jobs Amid Weak Demand for Beer

The Dutch company said it would close breweries and merge teams in some markets in a bid to cut costs.

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QXO to Buy Kodiak Building for $2.25 Billion

QXO agreed to buy closely held building materials distributor Kodiak Building Partners for about $2.25 billion in cash and stock.

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Ford Aluminum Supplier Expects Fire-Damaged Plant to Be Repaired in June

Novelis is estimating that repairs will cost at least $255 million, while Ford has disclosed a $2 billion hit from outage.

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Shopify's Margins Strain Under AI-Driven Growth Push

Shopify is plowing ahead with investments in AI and international expansion, moves that will put pressure on margins in the near term as the company bets on unlocking future growth.

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Elliott Takes Stake in London Stock Exchange Owner

The activist investor has taken a stake in LSEG, where it is likely to push for increased stock buybacks and action to lift profit margins.

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Activist Investor Pushes Warner to Walk Away From Netflix Deal

Ancora has built a roughly $200 million stake in Warner Bros. Discovery and says it favors a deal with David Ellison's Paramount Skydance.

 

(END) Dow Jones Newswires

February 11, 2026 17:00 ET (22:00 GMT)

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