News Highlights: Top Company News of the Day
Home Depot Names Ted Decker as CEO
Craig Menear, who was tabbed CEO in November 2014, will continue
as the company's chairman. Mr. Decker has been the chief operating
officer at the home-improvement retailer since October 2020.
Apple Posts Record Quarterly Results Despite Parts Shortages
Apple posted record quarterly results even as supply shortages
hindered sales, and Chief Executive Tim Cook said those constraints
Visa stock gains as quarterly revenue tops $7 billion for the first time
Visa Inc. topped $7 billion in quarterly revenue for the first
time, buoyed by a quicker-than-expected resumption in travel
spending and sustained growth in categories like e-commerce that
had been strong throughout the pandemic.
Robinhood's Stock Drops 12% After Loss Is Worse Than Analysts Expected
Higher technology and administrative costs hurt the brokerage's
Robinhood Meme-Stock Negligence Suit Is Rejected by Judge
The ruling comes ahead of the first anniversary of trading
restrictions on GameStop and AMC Entertainment shares.
Neil Young's Radio Channel on SiriusXM Is Revived After Spotify Removal
SiriusXM revived Neil Young's radio channel after Spotify
refused to cut Joe Rogan's lucrative podcast, and other streamers
promoted the folk-rocker.
Jeep Owner's Chinese Partner Says It Was Caught Unaware by Deal Announcement
Stellantis came under fire from a key Chinese manufacturer for
announcing a deal to acquire majority ownership of a joint venture
the firms operate together, a sign of the trade tensions between
China and the West.
Don Julio Maker Is Running Low on Booze That Takes Years to Make
Diageo said soaring pandemic demand for spirits is depleting
stocks of Crown Royal whisky, Lagavulin Scotch and Don Julio
LVMH 2021 Earnings Surged as Top Line Keeps Gaining Pace
LVMH Moet Hennessy Louis Vuitton said revenue growth continued
to accelerate at the end of 2021, leading to a much higher
Comcast's Broadband Growth Slows as Pandemic-Hit NBCUniversal Rebounds
Comcast added fewer broadband customers in its latest quarter, a
slowdown that comes after record growth during the height of the
(END) Dow Jones Newswires
January 27, 2022 19:15 ET (00:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.