NYSE Owner to Buy MarketAxess in $6 Billion Deal
Intercontinental Exchange agreed to acquire MarketAxess, an electronic trading platform for fixed-income markets, for $6 billion.
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Mastercard Sales Rise on Payment Network Growth
Mastercard's sales rose in the second quarter, driven by growth in its payment network.
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Hershey's Sales Rise, Boosted by Salty Snacks
The maker of Reese's Peanut Butter Cups and Twizzlers also bumped up its guidance for the year, saying it is entering the second half of the year with momentum.
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Altria Profit Falls on Softer Oral-Tobacco Performance
Altria Group had virtually flat revenue and lower profit in the second quarter, as lower sales of its nicotine pouches offset some of the growth in its cigarettes business.
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Yum Brands Profit More Than Doubles Amid Cyclosporiasis Outbreak Linked to Taco Bell
Yum Brands' second-quarter profit more than doubled, driven by higher sales, which offset headwinds from a high-profile food safety crisis that emerged in recent weeks.
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Shell's Profits Surge on Windfall From Continuing Middle East Conflict
Strong trading performance and higher prices stemming from the war in the Middle East enabled the energy major to maintain its quarterly buyback.
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Adidas Stock Drops 18% After World Cup Spend Eats Into Earnings
The sharp fall comes after the sportswear company's earnings were squeezed by heavy marketing spending the soccer tournament.
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Bombardier Profit Slips; Revenue, Backlog Jump on Strong Demand
Bombardier logged a slight decline in second-quarter profit, despite strong revenue from aftermarket service growth and soaring demand for its flagship Global 8000 jet.
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Reformation Just Went Public. Here Are Four Secrets to Its Success.
The apparel company uses cutting-edge technology throughout its operations-even in the dressing rooms.
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KKR Profit, Revenue Up on Asset Management, Insurance Growth
KKR posted a higher profit and revenue in the second quarter, buoyed by higher management fees and fundraising along with strong asset inflows across its asset management and insurance segments.
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Bristol Myers Lifts Outlook as Profit, Revenue Rise
Bristol Myers Squibb raised its outlook for the year after notching higher profit and revenue in the latest quarter, boosted by its portfolio of newer treatments.
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Cigna Group Lifts Outlook, Logs Higher Profit on Growth Across Businesses
Cigna Group lifted its outlook and reported a higher profit in the second quarter, driven by growth in both its healthcare and pharmacy-benefit businesses.
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Valero Profit Soars on Major Revenue Gains
Valero Energy said its earnings surged in the second quarter, thanks to sturdy fuel demand.
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Stellantis Shares Skid as Earnings Disappoint
Shares fell as much as 8.9% in early trade after earnings missed expectations and the company pledged to focus the bulk of its investments on four key brands across the U.S. and Europe.
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Prada's Sales Grow in Volatile Market
The fashion house reported an acceleration in sales-climbing 5% on year-but warned that the market context would likely remain volatile.
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Meta's Case for Its AI Spending Keeps Getting Weaker
The company's all-out splurge is running into higher costs, borrowing constraints and investor pushback.
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Societe Generale Beats Market Expectations
The bank also raised its outlook for 2026 and plans to launch a share buyback of 1.5 billion euros on Aug 3 at the earliest.
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Samsung Sees Chip Crunch Through 2028 as Profit Soars to Record
The South Korean technology titan expects the memory-chip shortage to persist through 2028, positioning the memory-chip maker to extend its streak of record earnings.
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Bud Brewer AB InBev Beats Expectations as Beer Rebound Continues
The world's largest brewer said the soccer world championship and a focus on its more premium labels helped lift revenue and earnings above expectations at the start of the summer.