Dow Jones Top Company Headlines at 1 PM ET: Louis Vuitton Owner Misses Revenue Views as Middle East War Dims Rebound Hopes | Goldman ...

Louis Vuitton Owner Misses Revenue Views as Middle East War Dims Rebound Hopes

LVMH posted weaker-than-expected revenue of $22.42 billion for the first three months of the year as the geopolitical and economic environment remained disrupted.

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Goldman Sachs Reports Record Quarter in Banking and Trading

The bank's profit rose 19% in the first quarter, ​ driven by a resurgence in deal activity and market volatility.

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Conagra Hires John Brase as President, CEO

Conagra Brands has tapped veteran consumer-products executive John Brase to replace Sean Connolly as president and chief executive of the food maker, effective June 1.

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Judge Dismisses Trump's Defamation Lawsuit Against WSJ Publisher

The judge ruled the president failed to make a valid defamation claim over an article about a letter to Jeffrey Epstein bearing Trump's name.

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Volkswagen Group Vehicle Deliveries Fall on China, U.S. Weakness

The company, which houses a stable of brands that includes VW, Audi and Porsche, said its group vehicle deliveries fell 4% on year.

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GFL Environmental to Buy Secure Waste Infrastructure

GFL Environmental has agreed to buy the specialized waste-management and energy-infrastructure company in a deal with an enterprise value around $4.62 billion.

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Somnigroup to Acquire Supplier Leggett & Platt in $2.5 Billion Deal

Somnigroup said the deal would continue its vertical integration strategy, enabling closer collaboration between component engineering and mattress design.

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Meta Expected to Unseat Google as World's Largest Digital-Ad Player

The owner of Instagram and Facebook has fueled growth with new advertising products and AI.

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Amazon's Car Sales Bet Is Getting Bigger With New Brands and More Cities

The e-commerce giant's program has grown in recent months to include vehicles from Kia, Mazda, Subaru, Chevrolet and Jeep.

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Rheinmetall, Destinus to Jointly Produce Missiles for Europe, NATO

The JV-to be established during the second half of the year-will focus on advanced cruise missiles and ballistic rocket artillery.

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We're Using So Much AI That Computing Firepower Is Running Out

AI companies are rationing their offerings and products, rankling users-a warning sign for a boom that depends on rapid adoption.

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McDonald's to Add Energy Drinks, Crafted Sodas to Menus

A Mango Pineapple Refresher and Red Bull Dragonberry Energizer are joining the new beverage lineup in U.S. restaurants.

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JBS Reaches Labor Deal With Striking Meatpacking Workers

The agreement covering 3,800 employees includes pay bumps through 2027.

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Palo Alto Networks Founder Agrees to Buy California Bank for AI Revamp

Nir Zuk plans to take the largest stake in the Liberty Bank acquisition.

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Big Pharma Is Thinking Small on Deals. That's a Boon for Biotech.

Smaller acquisitions and disciplined pricing are proving to be big benefits to a wider number of companies

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Victory Giant Technology Looks to Raise Over $2 Billion in Hong Kong Offering

The Shenzhen-listed company plans to tap the Hong Kong market for fresh funds to expand its production in China.


(END) Dow Jones Newswires

April 13, 2026 13:15 ET (17:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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