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Merck KGaA Backs Outlook After Drop in Sales, Earnings
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Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Medtronic’s stock drops after profit beats again but outlook disappoints
Medtronic has raised its dividend for 47 straight years, with the implied dividend yield more than double that of the S&P 500.MarketWatch - Business -
Justice Department Opts Not to Charge Merck KGaA Subsidiary Over Export Controls Scheme
Two men, including a former employee of the German company’s subsidiary, MilliporeSigma, pleaded guilty for their role in a scheme to divert sensitive biochemicals to China.The Wall Street Journal - World -
China's 618 shopping festival: Alibaba touts early sales after withholding data last year, a sign of brighter outlook
Yahoo News - World - China -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Merck signs $3bn deal for Kate Bingham-backed eye disease biotech
US group hopes EyeBio will refill its pipeline with treatments targeting causes of blindnessFinancial Times - Business -
TJX’s stock rises toward a record after earnings, as customers shopped more
TJX’s stock rose toward a record Wednesday after the discount apparel and home fashions retailer beat fiscal first-quarter profit expectations and raised its full-year outlook.MarketWatch - Business
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Anglo American Likely to Reject Offer Despite It Mitigating Some Risks
Anglo American is still unlikely to accept BHP’s offer, RBC Capital Markets said, unless the structure of the deal is changed, or a higher value is offered.The Wall Street Journal - World -
Oil Gains on OPEC+ Cut Expectations, Demand Optimism
Oil prices gained as traders expect OPEC and its allies to extend their production curbs at a Sunday meeting and the start of the summer driving season in the U.S. boosts fuel consumption.The Wall Street Journal - World -
German Consumer Confidence Continues to Improve
The GfK forward-looking consumer-climate index for Germany forecast a rise in confidence in June, increasing for a fourth month in a row, as purchasing power is set to improve with easing inflation.The Wall Street Journal - World - Germany -
Two-Year U.S. Treasury Yields Expected to Stay Around 5% After Latest Rise
Two-year Treasury note yields should stay around 5%, ING said “unless there is a bigger downside surprise in macro data.”The Wall Street Journal - World -
Samsung Union Plans First-Ever Strike
A Samsung Electronics labor union has called for the first-ever strike in the South Korean technology giant’s history after talks over wage increases broke down.The Wall Street Journal - World