Ford Stock Drops. Earnings Were Fine, but There Are Plenty of Worries.
Ford's guidance for 2025 operating profit badly missed Wall Street estimates. It's another tough quarter for investors.
Qualcomm Earnings Beat Estimates. The Stock Is Still Falling.
Qualcomm generated earnings of $3.41 a share in the latest quarter, versus Wall Street's estimate for $2.96.
Google Kills Diversity Hiring Targets
Google is eliminating its goal of hiring more employees from historically underrepresented groups and reviewing some diversity, equity and inclusion programs, joining other tech giants rethinking their approach to DEI.
OpenAI Set to Make Super Bowl Ad Debut
The TV spot marks the artificial-intelligence company's biggest foray into consumer advertising to date.
Becton Dickinson to Separate From Bioscience and Diagnostic Solutions Business
Chief Executive Tom Polen said he believes the separation would help differentiate BD in the medical-technology industry, and allow the company to invest more in innovation and margin growth.
Costco starts off 2025 with yet another sales gain
The warehouse club retailer said that revenue last month rose 9.2% year over year, to $19.51 billion.
Sonos to Cut 12% of Jobs in Further Restructuring Push
The audio-products maker expects to book restructuring charges of $15 million to $18 million as it reorganizes.
Hillenbrand Sells Majority Stake in Milacron to Bain Capital Affiliate
The provider of highly-engineered processing equipment and solutions will sell a 51% stake in the injection molding and extrusion business for $287 million.
Salesforce's Longtime Operating Chief Millham to Retire; Washington Named Successor and Financial Chief
Operating Chief Brian Millham to exit after more than 25 at the company. Incoming CFO Robin Washington has served on Salesforce's board since 2013.
Allstate Expects California Wildfires to Cost $1.1 Billion
In the fourth quarter, catastrophe losses took $315 million out of Allstate's homeowners-insurance business, up from $21 million the year before.
(END) Dow Jones Newswires
February 05, 2025 21:00 ET (02:00 GMT)
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