News Highlights: Top Company News of the Day - Thursday at 1 PM ET
Louis Vuitton Owner's Sales Beat Expectations
LVMH Moet Hennessy Louis Vuitton said it entered the new year
with confidence after posting above-forecast sales for 2023..
Vince McMahon Accused of Sex Trafficking by WWE Staffer
In a new lawsuit, the woman who McMahon paid to keep quiet now
says he pressured her to have sex with him and others. The
allegations raise questions about a 2022 board probe.
IPO Market Is Struggling in First Big Test of 2024
Healthcare-services company BrightSpring is on track to price
its IPO below expectations after investors balked at the original
Macy's Stock Surges on Report of Another Buyout Bid
The activist battle over department-store chain Macy's may be
Microsoft Cuts 8% of Videogaming Staff
The layoffs follow the company's acquisition of Activision
Blizzard in October.
Humana Reports Steep Losses, Signals More Trouble for Next Year
The insurer's announcement will likely hit the entire sector
because it suggested issues extend through the Medicare
American Airlines stock soars as focus on flight reliability fuels big profit beat
American Airlines' stock took flight Thursday after the air
carrier beat fourth-quarter profit expectations by a wide margin
and provided an upbeat 2024 outlook, while recording best-ever
flight-reliability measures over the holiday period.
Southwest Cuts Boeing 737 MAX 7 Planes From Its 2024 Fleet Plan
In its earnings, Southwest posted a loss of 37 cents a share,
similar to last year's loss and well below the 12 cents profit
analysts surveyed by FactSet had expected.
Comcast sheds fewer internet subscribers than expected while beating on earnings
Broadband subscriber losses have been a notable story for cable
Alaska Airlines Warns of $150 Million Hit From Boeing Grounding
The company says the grounding of its Boeing fleet after a
midflight door-plug blowout will weigh on its ability to increase
(END) Dow Jones Newswires
January 25, 2024 13:15 ET (18:15 GMT)
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