Mallinckrodt, Endo Merger to Create Diversified Pharmaceuticals Firm 
 

Drugmaker Mallinckrodt struck a deal to buy Endo in an effort to build a diversified pharmaceuticals company with a hefty U.S. footprint.

 
Dollar General's stock jumps as sales beat, with fewer shoppers spending more 
 

The average transaction amount increased amid growth in consumables, which includes food, while traffic declined.

 
Intel Names Lip-Bu Tan as Chief Executive Officer 
 

The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.

 
Accelleron Industries Exceeds $1 Billion Revenue for First Time 
 

The engine-turbocharger maker's stock rose after it posted higher earnings, exceeded $1 billion in revenue for the first time and increased its dividend by 47%.

 
Couche-Tard Doubles Down on Friendly Takeover of 7-Eleven Owner 
 

The Canadian owner of Circle K will continue its friendly pursuit of Seven & i, executives said, sounding confident that they can overcome antitrust issues that could block the prospective acquisition in the U.S.

 
Generali Operating Profit Rises on Higher Premiums 
 

Assicurazioni Generali said its operating profit rose on the performance of all its units over 2024 gross written premiums that increased more than expected.

 
Adobe Stock Slides Despite Earnings Beat. The CFO Is Confident About AI. 
 

Adobe posted first-quarter adjusted earnings of $5.08 a share, beating estimates of $4.97 a share.

 
LVMH Taps Arnault's Son to Head Loro Piana in Leadership Reshuffle 
 

The fashion role is expected to bolster Frédéric Arnault's credentials as a candidate to one day lead the luxury-goods giant.

 
Puma Will Cut 500 Positions Globally as Part of a Cost-Cutting Plan 
 

Job reductions will be implemented at the group's headquarters in Germany and in regional offices. The company has a total workforce of 22,500.

 
D-Wave Claims 'Quantum Supremacy,' Beating Traditional Computers 
 

D-Wave is the latest quantum computing company to say it has achieved "quantum supremacy," better known as the ability to solve a problem with a quantum computer that can't be done with a traditional computer.

(END) Dow Jones Newswires

March 13, 2025 09:00 ET (13:00 GMT)

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