Publicis Groupe Sees a Quicker Recovery as Organic Revenue Rises 
 

The ad holding company reported a 17.1% increase in organic revenue in the second quarter, joining competitors in reporting significant growth over the dire second quarter last year.

 
Rising Costs to Weigh on Unilever Margins 
 

Shares in Unilever fell after the company reported a slight fall in first half profits and cautioned that it expects full-year margins to remain flat as a result of rising costs.

 
ABB Doubles Sales Outlook 
 

ABB posted a steep rise in operational earnings to $1.1 billion, with net profit above forecasts and doubled its revenue growth guidance for the year to just under 10%.

 
Roche Backs Outlook as Sales Rebound 
 

Roche confirmed its outlook for the year after interim sales grew, with the diagnostics division posting a 51% rise due to high demand for Covid-19 tests, although profits for the period dipped.

 
BHP Inks Nickel Supply Deal With Tesla 
 

BHP Group has signed a supply deal with Tesla for nickel, a commodity used in electric-vehicle batteries, from its Nickel West operations in Western Australia.

 
Chips' Biggest Political Pawn Still Has a Strong Game 
 

ASML faces little risk of lost sales amid an aggressive expansion, as the Dutch company remains the only game in town for a cutting-edge chip-making technology called extreme ultraviolet lithography, or EUV.

 
PG&E to Bury Power Lines in Fire-Prone Areas 
 

The utility company plans to bury 10,000 miles of power lines to reduce wildfire risk throughout Northern California, at an estimated cost of up to $20 billion, reversing its earlier stance that doing so would be prohibitively expensive.

 
States Reach $26 Billion Pact to Settle Opioid Lawsuits 
 

States unveiled a historic settlement with drug companies to resolve thousands of suits, a milestone that could clear the way for the states to receive money early next year.

 
Chipotle Stock Hits a Record as Customers Return to Dining 
 

The burrito chain said higher prices haven't deterred consumers, and sales are outpacing prepandemic levels.

 
JPMorgan Awards Jamie Dimon Surprise Retention Bonus 
 

The board of the largest U.S. bank gave its chief executive new stock options as a retention bonus, signaling that it wants him to stay for several more years.

(END) Dow Jones Newswires

July 22, 2021 05:00 ET (09:00 GMT)