News Highlights: Top Company News of the Day
January 26 2022 - 5:30AM
Dow Jones News
Supply-Chain Software Provider o9 Solutions Valued at $2.7 Billion
Supply-chain software provider o9 Solutions has raised a new
round of private funding that has more than doubled the
Dallas-based company's value to $2.7 billion in less than two
years.
Companies Prepare for Fallout From Cyberattacks Against Ukraine
Businesses including utilities, manufacturers and
financial-services companies are bracing for potential spillover
from cyberattacks against Ukraine, as U.S. officials warn of
Russia-linked hacks that could ripple outward.
More Changes Loom for Online Marketers
From Google to Apple and California to Belgium, digital
marketers have a lot to consider soon.
Vestas Earnings Miss Forecasts; Industry Faces Multiple Challenges
Vestas Wind Systems posted preliminary full-year underlying
earnings of EUR461 million, equating to a margin of 3%, as it
cautioned the wind power industry continued to be challenged by
supply-chain instability, cost inflation and delays to
projects.
Lonza Earnings Rise; Confirms Mid-Term Targets
Lonza full-year core earnings rose to EUR1.7 billion on a strong
sales gain, as the life-sciences company forecast low- to mid-teens
sales growth in 2022 and confirmed its profit target for 2024.
Wacker Chemie Earnings Meet Expectations
Wacker Chemie posted full-year earnings of EUR1.5 billion, in
line with its own revised forecasts, while sales were lifted by
volume growth and better prices.
Baidu EV Startup Raises $400 Million in Latest Fundraising Round
Baidu Inc.'s smart electric-vehicle arm JIDU has raised nearly
$400 million in a fresh funding round, which will be used to
accelerate its progress toward mass production of its
autonomous-driving cars.
Jinko Solar Soars in Shanghai Trading Debut
Shares of Chinese solar-module maker Jinko Solar Co. more than
doubled on their first day of trading in Shanghai after the company
raised about US$1.6 billion in an initial public offering.
Microsoft Earnings, Revenue Show Strong Growth
The software giant's cloud business has benefited as the
pandemic has forced people to work remotely.
Verizon Confident 5G Concerns in Aviation Will Be Resolved
The wireless giant expects to spend about $10 billion over
several years to expand 5G services using recently licensed radio
spectrum.
(END) Dow Jones Newswires
January 26, 2022 05:15 ET (10:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.