Dow Jones Top Company Headlines at 1 PM ET: UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances | Chewy ...
UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances
The Italian bank also holds financial contracts that give it exposure to an additional 16.4% stake in Commerzbank, according to a regulatory filing, with one week to go for the offer period.
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Chewy Cuts FY Outlook Despite Higher Sales, Profit
The online pet-supplies retailer said it now expects net sales to come in between $13.4 billion and $13.55 billion this year, down from a prior forecast of $13.6 billion to $13.75 billion.
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DCC Says It Intends to Accept Revised $7.6 Billion KKR Consortium Offer Proposal
DCC said it would recommend an improved takeover offer from private-equity firms KKR and Energy Capital Partners to shareholders if a formal offer is made.
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Apotex Shares Rally as Trading Begins Following Pricing of C$1.3 Billion IPO
The company's shares opened 17% above the offering price before cooling slightly, marking Canada's biggest initial public offering in years.
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Sigma Healthcare in Preliminary Talks to Buy U.K.'s Boots
Australia's Sigma Healthcare said it is involved in early discussions about a potential acquisition of U.K. drugstore chain Boots.
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Johnson & Johnson CEO Says Cure for Certain Cancers Is Realistic Goal
Joaquin Duato said AI was already helping the company develop medicines faster, but the extent to which it boosts its bottom line has yet to be seen.
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AI Worsens World's Trust Issues, Wikipedia Co-Founder Warns
The boom in AI is deepening a crisis in trust across society. The decline is "not perfectly even, but broad," affecting journalism, politics and business, Jimmy Wales said, adding that it was leading to all kinds of problems.
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Oil Prices Set to Keep Rising Even After Iran Conflict Ends, Shell Boss Says
Upside pressure on prices will be a story for the longer term, Wael Sawan said at the WSJ Leadership Institute CEO Summit on Wednesday. "All the easy oil and gas has been found."
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Novelis, Top Aluminum Supplier to Ford, to Restart Plant After Fires
Two fires at the upstate New York facility last year proved extremely disruptive to the auto industry.
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Kongsberg Gruppen Targets Sharp Rise in Revenue
The Norwegian defense group aims to more than quadruple its revenue in the coming years, buoyed by the development of new products and the continued rise in global military spending.
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Fidelity Bets People Want Their 401(k)s to Look More Like Pensions
The second-largest target-date fund provider plans a new offering with an annuity inside it.
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Anti-Nvidia Data-Center Startup Is Valued at $1.55 Billion in New Funding Round
TensorWave will use a fresh $350 million to fill more data centers with chips from AMD, an investor.
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Oracle Is Reshaping Its Earnings. The Cloud Is How.
The stock is down 17% since the first of June, falling from the highs of the spring tech rally.
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Nestle Finds Its Sweet Spot. How the New CEO Is Turning the Food Giant Around.
Philipp Navratil aims to restart growth in the 160-year-old food giant by focusing on core brands like KitKat, Fancy Feast, and Nespresso.
(END) Dow Jones Newswires
June 10, 2026 13:15 ET (17:15 GMT)
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