Dow Jones Top Company Headlines at 7 AM ET: Elliott Builds Stake in Japan Shipping Giant Mitsui O.S.K. Lines | BASF ...

Dow Jones
Mar 18

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.

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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.

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Tencent Profit Beats Again on Strong Gaming, Marketing Revenue

Tencent Holdings maintained double-digit net profit growth in the final quarter of 2025, topping market expectations, as the Chinese tech giant stepped up its artificial-intelligence efforts amid the sector's boom and fierce competition in China.

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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.

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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.

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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.

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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.

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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.

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Nvidia Says It Is Restarting Production of AI Chips for Sale in China

CEO Jensen Huang said the chip maker's supply chain is "fired up" after months of mixed signals from the Chinese market.

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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.

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Tesla, LG Bet on U.S. Batteries With $4.3 Billion Michigan Plant

LG Energy Solution will produce battery cells for Tesla's fast-growing energy-storage business.

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Google Partners with CMS on Linking Medical Records to Fitbit

One feature will allow Fitbit users to share their medical records with the app's AI-powered health coach.

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Lululemon Appoints a New Board Member Amid Calls for Change

Former Levi Strauss CEO Chip Bergh is joining the company as its estranged founder pushes for a board shake-up.

 

(END) Dow Jones Newswires

March 18, 2026 07:00 ET (11:00 GMT)

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