Dow Jones Top Company Headlines at 9 AM ET: Warner Bros. Discovery Revenue Declines as Netflix, Paramount Vie for Deal | J.M. ...

Dow Jones02-26 22:00

Warner Bros. Discovery Revenue Declines as Netflix, Paramount Vie for Deal

The media company logged lower revenue in the fourth quarter, driven by declines across each of its segments, as it remained in the middle of a high-stakes bidding war between Netflix and Paramount Skydance.

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J.M. Smucker Adds Directors in Deal With Activist Firm Elliott

The jam-and-jelly maker posted higher third-quarter sales, but lowered its sales-growth forecast for the year because of a recent fire at its manufacturing facility.

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Royal Bank of Canada Earnings Lifted by Wealth Management

Royal Bank of Canada's earnings rose in the first quarter of its fiscal year despite an elevated credit-loss provision, as the lender notched growth in its wealth management, personal banking, and capital markets operations.

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Krispy Kreme Revenue Falls as Chain Exits Underperforming Locations

Krispy Kreme said fourth-quarter revenue fell after the doughnut company exited lower-traffic distribution points, even as margins improved amid the chain's ongoing turnaround

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Hormel Posts Higher Profit, Sales Amid Turnaround

Hormel Foods logged higher profit and revenue in its fiscal first quarter, as the steps it has taken to improve profitability are starting to yield results.

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TD Bank Quarterly Earnings Lifted by Growth Across Operations

Toronto-Dominion Bank's earnings jumped in the first three months of its fiscal year as the big Canadian lender saw revenue growth across its operations.

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Papa John's Posts Lower Profit, Revenue

Papa John's International said profit and revenue fell in the fourth quarter, hurt by a weak consumer backdrop and higher promotions across its North American business.

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Shake Shack Profit Rises as Deals Draw Customers

Shake Shack reported higher fourth-quarter profit and said that its sales growth and operational improvements allowed it to maintain margins amid industry headwinds.

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Victory Capital Bids to Acquire Janus Henderson

Victory Capital submitted a bid to acquire Janus Henderson, topping in total value the deal Trian Fund Management and General Catalyst agreed to with Janus Henderson in December.

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Stellantis Targets Return to Profit After Costly EV About-Turn

The automaker reported a $26 billion annual loss after taking hefty charges on a strategic reset.

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Mistral AI Lands Accenture as Latest Big Client

The agreement is a boost for the French artificial-intelligence startup as it seeks to expand its network of alliances.

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Gildan Sets Lower-Than-Expected 2026 Targets After Sluggish Quarter

Gildan Activewear set its full-year guidance that fell short of Wall Street expectations after a soft fourth quarter, tempering the lift it expects from its recently closed HanesBrands acquisition.

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Baidu Profit Drops as Revenue Decline Continues

The Chinese search reported sharply lower profit, with revenue declining for a third straight quarter, as it struggles to transform its businesses in the AI era.

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Rolls-Royce Plans $12 Billion Buyback, Raises 2028 Targets

The engine maker said a strong balance sheet allowed it to launch the multiyear buyback program, and lifted its targets after earnings grew.

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Engie to Buy UK Power Networks for $14.2 Billion From Hong Kong's CK Group

France's Engie will acquire UK Power Networks for 10.5 billion pounds in equity value, equivalent to about $14.2 billion, from Hong Kong billionaire Li Ka-shing's CK Group.

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LSEG Shares Rise After Forecast of Profitability Boost, $4 Billion Buybacks

The financial-data provider and exchange operator said continued revenue growth and efficiencies would help it improve profitability beyond this year.

 

(END) Dow Jones Newswires

February 26, 2026 09:00 ET (14:00 GMT)

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