Macy's Same-Store Sales Boosted by Bloomingdale's While Guidance Mixed
Macy's wrapped up the holiday season on a strong note, posting an unexpected rise in same-store sales in the fourth quarter as its Bloomingdale's brand propels its turnaround.
----
General Mills Posts Lower Profit, Sales Amid Turnaround
General Mills logged lower profit and sales in its fiscal third quarter but said it is nearing an inflection point, thanks to the work the company has done to improve volumes and gain market share.
----
BASF Hikes Prices as Iran War Heaps Fresh Cost Pressure on Europe
Prices of products in home-care, industrial and institutional cleaning and industrial formulators segments in Europe will rise immediately or as allowed by existing contracts.
----
Elliott Builds Stake in Japan Shipping Giant Mitsui O.S.K. Lines
Elliott Investment Management has built a stake in Mitsui O.S.K. Lines, saying the Japanese shipping giant is materially undervalued.
----
Tencent Posts Earnings Beat as It Steps Up AI Effort
Tencent Holdings maintained double-digit profit and revenue growth, ending 2025 on a high note as the Chinese tech giant ramped up its artificial-intelligence efforts to stay ahead amid relentless competition in China.
----
Jabil Lifts Outlook as Profit, Revenue Rise
Jabil raised its full-year outlook after logging higher profit and a jump in revenue in its fiscal second quarter, boosted by strong demand across its intelligent infrastructure business.
----
UniCredit CEO Vows to Be More Proactive on Commerzbank After Offer
Andrea Orcel's comments leave the door open to UniCredit revising the terms of its takeover offer if the banks can agree on a common plan.
----
Nvidia's Next Act Will Be Its Biggest-and Toughest
The AI leader's $1 trillion sales forecast isn't a stretch, but competition and a shifting market are keeping investors sidelined.
----
HelloFresh Shares Fall on Weak Guidance
The company said its meal-kit product category is developing positively but customer retention challenges still weigh on its ready-to-eat products.
----
Micron Heads Into Earnings With Sky-High Expectations From AI Boom
Micron Technology is expected to post record earnings and revenue as booming AI data-center demand pushes memory prices higher and reshapes the industry's traditional boom-and-bust cycle.
----
BHP Names Americas Chief Brandon Craig as CEO
The veteran executive has run the miner's Americas operations since March 2024 and will succeed Mike Henry in the role.
----
Amazon Plans Drastic Cut in Packages Sent Via Already-Struggling Postal Service
The e-commerce giant wants to reduce its postal volume by at least two-thirds by this fall.
----
Starz Will Face Minority Creditors' Lawsuit Over Studio Spinoff
A New York judge allowed a lender lawsuit over the separation of Lions Gate's studio assets from Starz to proceed.
(END) Dow Jones Newswires
March 18, 2026 09:00 ET (13:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.