Dow Jones Top Company Headlines at 11 AM ET: Campbell's Cuts Outlook as Snack Sales Fall | Nvidia ...

Dow Jones
Mar 11

Campbell's Cuts Outlook as Snack Sales Fall

Campbell's cut its fiscal-year outlook as it reported a decline in second-quarter sales, dragged down by weak demand for its snacks.

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Nvidia to Invest $2 Billion in Nebius to Expand AI Cloud Infrastructure

Nvidia will invest $2 billion in Nebius Group as part of a strategic partnership to expand artificial-intelligence cloud infrastructure.

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Cintas to Buy Uniform Supplier UniFirst in $5.5 Billion Deal

Cintas, a maker of workplace products, agreed to acquire UniFirst in a deal with an enterprise value of $5.5 billion, more than four years after it first bid for the smaller uniform supplier.

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Janus Henderson Rejects Victory Capital Takeover Proposal, Backs Trian Deal

Janus Henderson's board unanimously rejected an unsolicited takeover proposal from Victory Capital, reaffirming its support for a take-private transaction by Nelson Peltz's Trian Fund Management.

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Activist Starboard Pushes for Change at CarMax

Activist investor Starboard Value has urged CarMax's incoming chief executive officer, Keith Barr, to usher in changes and slash costs to revive the used-car retailer.

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BlackRock Donates $100 Million to Trade-Worker Training in Infrastructure-Investing Push

The world's biggest money manager is telling lawmakers that trillions are needed to build out infrastructure.

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Inditex Posts Sales Growth

The Zara-owner reported an acceleration in sales growth at the start of its fiscal year, despite some impact from the war in the Middle East.

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Stryker Hit With Suspected Iran-Linked Cyberattack

Global outage affects U.S. medtech company; some staff devices remotely wiped.

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CVC Capital Partners Shares Slip as Performance-Related Earnings Guidance Disappoints

The guidance overshadowed better-than-expected results for 2025, with the firm posting a 67% increase in realizations.

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Rheinmetall Expects Sales Surge as Europe Rearms, Anti-Drone Demand Grows

Rheinmetall expects sales to jump by as much as 45% this year as Europe continues to rearm and the German arms maker broadens its air-defense portfolio to meet growing demand for systems to counter drone attacks.

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Cathay Pacific Profit Rises, Expects Capacity Growth

Hong Kong's flag carrier signaled its confidence in weathering the Middle East conflict that has disrupted aviation and driven a surge in fuel prices.

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Legal & General Shares Sell Off After Mixed Results

The stock was one of the worst performers of the FTSE 100 after the group reported full-year results, with some key metrics coming short of market views.

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Porsche Expects Further Earnings Hit as Turnaround Continues

Together with tariffs and costs from its battery activities, Porsche booked more than $4 billion in one-off costs in 2025.

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Monte Paschi Reaches Deal on Terms of Mediobanca Merger

The Italian banks expect to complete their merger by the end of the year leading to the delisting of Mediobanca.

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Henkel Expects Growth Despite Geopolitical Challenges, Weakening Consumer Sentiment

The company's preferred profitability metric, adjusted earnings per preferred share, increased 4.7% at constant exchange rates.

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OpenAI Faces Lawsuit Over Safety Protocols Ahead of Canada School Shooting

The mother of a girl injured after a fatal school shooting last month in Canada launched a lawsuit against OpenAI for its decision not to inform police of the suspect's interactions with its ChatGPT chatbot.

 

(END) Dow Jones Newswires

March 11, 2026 11:00 ET (15:00 GMT)

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