News Highlights: Top Company News of the Day
February 02 2023 - 07:30AM
Dow Jones News
Honeywell Signals Slowing Growth as Revenue Rises 6%
The industrial company posted quarterly sales gains in three of
its four business segments, led by demand in its aerospace
Heathrow CEO to Step Down After Turbulent Summer
John Holland-Kaye played a key role in Heathrow's campaign to
win parliamentary approval to build a third runway and expand
capacity at the congested airport.
Apple Sales Are Expected to Show First Decline in Nearly Four Years
The iPhone maker contended with manufacturing disruptions in
China during the December quarter.
Amazon Poised to Post Slowest Sales Growth in Decades
The company's e-commerce services and cloud-computing business
are feeling the sting from recession concerns.
Publicis Reports 9.4% Organic Revenue Growth for Fourth Quarter
The advertising holding company said it hasn't seen a major
shift in client behavior despite an uncertain macroeconomic
TikTok Dealt Blow as Democratic Senator Joins Calls to Ban App
Colorado Sen. Michael Bennet is calling on Apple and Google to
bar TikTok from their app stores, saying it is a national security
Losses From Adani Stock Rout Top $100 Billion
Shares of companies linked to Indian billionaire Gautam Adani
continued to slide after his namesake conglomerate canceled a
planned share sale worth more than $2 billion.
Deutsche Bank Profit Rises on Booming Lending Business
The German bank's net profit rose on the back of higher interest
rates, driving the lender to its strongest year since 2007.
Shell Posts $42 Billion Profit, Adding to Industry's Record Haul
Shell became the latest oil giant to post a record annual profit
last year, joining U.S. peers in surging back from early pandemic
losses on soaring energy prices.
KKR Bids for Telecom Italia Network
Telecom Italia said KKR has offered to buy a stake in a new
entity that would house its fixed-line network management and
(END) Dow Jones Newswires
February 02, 2023 07:15 ET (12:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.