PepsiCo reports rare revenue miss, but profit beat and higher dividend

That was the first time revenue didn't beat expectations in at least five years. 


 
Owens Corning to Buy Masonite International in $3.9 Billion Deal

Owens Corning, a Toledo, Ohio, maker of building and construction materials, said the addition of Masonite's doors business creates a new growth platform. 


 
The Race to Succeed Goldman's CEO Just Got More Complicated

The strengthening of David Solomon's grip may cloud John Waldron's path to the top job. 


 
Will Donald Trump Help Bud Light Win on Super Bowl Sunday?

The former president's defense of the brewer comes as it tries to move beyond a boycott. 


 
Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI

The OpenAI chief executive is pursuing investors including the U.A.E. for a project possibly requiring as much as $7 trillion. 


 
Why Toyota Stock Is Beating GM and Ford, and Why That Might Change

Is it because of differing EV strategies or something more benign? 


 
Ubisoft Surges After Confirming Guidance

Ubisoft shares jumped after the French videogame maker said net bookings for the current quarter should be up sharply, leading to what it said would be record sales for the fiscal year. 


 
Hermes Weathers Sector Slowdown as Sales Surge

Hermes said it is moving into 2024 with confidence after the Birkin bag maker reported a surge in fourth-quarter sales despite a slowdown in the overall luxury sector. 


 
L'Oreal's Sales, Profit Miss Expectations on Stagnating Chinese Beauty Market

Revenue in North Asia slumped 5.8% but the company said it is confident it would outperform the market this year. 


 
It's Not Just Meta. Where to Find Juicy Tech Stock Dividends.

Big Tech stocks like Apple and, more recently, Meta Platforms have introduced payouts. While the yields may be small, they are growing and offer a sector that income investors may want to explore.


(END) Dow Jones Newswires

02-09-24 0915ET