Exxon's Earnings Come Back to Earth

Exxon Mobil banked $8.2 billion in profit in a humdrum quarter, maintaining its perch as one the country's most profitable companies even as its run of record-setting profit tapers off. 


 
ByteDance Says It Won't Sell U.S. TikTok Business

The Beijing-based company said that foreign-media reports that it is exploring the sale of TikTok "are untrue." 


 
Airbus earnings drop, raising fears it may struggle to profit on Boeing's woes

Airbus posted a 25% drop in earnings as higher costs eroded its margins, even as its sales increased 


 
NextEra Arm, Squeezed by Niche Financing, Considers Private Capital Raise

NextEra Energy Partners is mulling its options for how to pay bills coming due under an obscure type of financing that has weighed on the company since its stock price tumbled last year. 


 
Thoma Bravo to Buy U.K. Cybersecurity Firm Darktrace

Private equity firm Thoma Bravo said it plans to buy Darktrace in a cash deal that values the U.K. cybersecurity company at around $5 billion. 


 
Anglo Rejects BHP's $39 Billion Bid

The London-listed mining giant said the bid "significantly undervalues" the company, setting the stage for a potential bidding war. 


 
CVC Soars in of Amsterdam Trading Debut

CVC shares rose 24% on the first day of trading on Amsterdam's stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion. 


 
Google and Microsoft Cushion Their AI Capital Pains

Record-high capital expenditures come as both core businesses are performing well. 


 
TotalEnergies Plans $2 Billion Buyback After Profit Beat

TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter. 


 
Remy Cointreau Lifted by China Improvement

Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S.


(END) Dow Jones Newswires

04-26-24 0715ET