Walgreens Boots Alliance Posts Higher 2Q Sales, Narrows Earnings Guidance

The pharmacy chain posted adjusted earnings of $1.20 a share, compared with analysts' expectations of 82 cents a share. 


 
Home Depot Buys Roofing Distributor

The retailer said it would acquire SRS Distribution in a deal with a value of $18.25 billion, which includes assumed debt. 


 
Super Micro's AI Boom Carries a Big Price Tag

The maker of Nvidia-based AI servers has a hot hand, but a high-cost business model leaves the stock looking overheated. 


 
UBS CEO Ermotti to Steer Credit Suisse Integration

UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation. 


 
Fisker Slashes Prices on 2023 EV Models in Affordability Bid

Fisker is cutting the suggested prices for some of its 2023 model-year vehicles in a bid to drum up demand for its cars as the startup struggles for cash. 


 
Schlumberger to Invest Nearly $400 Million in Carbon-Capture Venture

Schlumberger will pay almost $400 million to acquire 80% of carbon-capture company Aker Carbon Capture, creating a combined carbon-capture-focused venture. 


 
Walmart to Refile Vizio Paperwork

The retail giant expects to refile the paperwork on Friday to give antitrust agencies more time to review the $2.3 billion deal. 


 
NBC News Acted Fast to Land Ronna McDaniel. Her Tenure Lasted Just Days.

Executives were aware of the former RNC chief's baggage, but were reassured by her recent statements. 


 
Amazon Invests $2.75 Billion More in AI Startup Anthropic

The tech giant's total stake has grown to $4 billion, its largest investment in another company. 


 
Chemours Responds to Regulators, Prosecutors About Internal Audit

In its annual filing the company said that its lack of internal control was partially a result of senior management failing to set an appropriate tone, specifically related to the delayed payments.


(END) Dow Jones Newswires

03-28-24 0915ET