News Highlights: Top Company News of the Day
January 27 2022 - 9:15AM
Dow Jones News
Southwest Turns Quarterly Profit, Says Worst of Omicron Over
The Dallas-based airline posted a profit of $68 million, up from
a loss of $908 million a year earlier, but still about 87% below
what the company reported in the comparable period in 2019, before
the pandemic began to decimate travel.
AMD's Planned Purchase of Xilinx Clears Last Big Regulatory Hurdle
China's market regulator conditionally approves the $35 billion
deal, which AMD and Xilinx had reached in October 2020.
Comcast's Broadband Growth Slows as Pandemic-Hit NBCUniversal Rebounds
Comcast said it added fewer broadband customers than in recent
quarters, a slowdown that comes after a period of record growth
during the height of the coronavirus lockdowns.
McDonald's Sales Lifted by Higher Prices, Sandwich Campaigns
Global same-store sales grew 12.3% in the fourth quarter
compared with the previous year's period as some European markets
experienced fewer pandemic-related disruptions.
Blackstone Earnings Nearly Double as Firm Enjoys Record Cash Haul
The private-equity firm's real-estate business helped power a
$1.40 billion profit.
Growth-Equity Leverage Risk Could Rise, Goldman's Waldron Warns
Goldman Sachs executive John Waldron cautions that negative
economic trends could bring down valuations that underpin
growth-equity investments.
Jeep Owner to Take Majority Stake in Chinese Venture
Stellantis signed a deal taking advantage of Beijing's decision
to loosen control of its auto industry amid fraying ties between
China and the West.
Samsung's Top Chipmaking Perch Is Precarious
Samsung is reaping the benefits of its strong technology and
ravenous chip demand. But it can't afford to rest on its laurels if
it wants to remain top dog.
Apple Poised to Post Record Quarter
Apple is expected on Thursday to post another record
quarter-even as analysts see sales falling to the slowest rate of
growth in more than a year.
Deutsche Bank Beats Profit Expectations, Restores Dividend
The German lender posted a rise in fourth-quarter profit. In a
further sign the bank has stabilized, it is paying a dividend to
shareholders for the first time since 2019.
(END) Dow Jones Newswires
January 27, 2022 09:00 ET (14:00 GMT)
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