News Highlights: Top Company News of the Day
February 02 2023 - 09:15AM
Dow Jones News
Eli Lilly Posts 9% Sales Drop on Covid-Treatment Decline
The pharmaceutical company said quarterly revenue fell 9% to
Honeywell Signals Slowing Growth as Revenue Rises 6%
The industrial company posted quarterly sales gains in three of
its four business segments, led by demand in its aerospace
Harley-Davidson Earnings Boosted by Higher Shipments
The motorcycle company said global shipments rose 18% from a
year before, sending total revenue up 12%.
Estée Lauder Sales Hit Again by China's Covid Lockdowns
The cosmetics company reported a 17% decline in quarterly sales
as retailers tightening their inventories also weighed on its
Heathrow CEO to Step Down After Turbulent Summer
John Holland-Kaye played a key role in Heathrow's campaign to
win parliamentary approval to build a third runway and expand
capacity at the congested airport.
Google Is Expected to Post Drop in Ad Revenue
The Alphabet unit's fourth quarter was marked by a slowdown in
the digital ad market and broader macroeconomic pressures.
Apple Sales Are Expected to Show First Decline in Nearly Four Years
The iPhone maker contended with manufacturing disruptions in
China during the December quarter.
Amazon Poised to Post Slowest Sales Growth in Decades
The company's e-commerce services and cloud-computing business
are feeling the sting from recession concerns.
AMD Shines Through Intel's Dark Cloud
The chipmaker's latest results were also hurt by the PC and
data-center slump, but its pain is relative.
Publicis Reports 9.4% Organic Revenue Growth for Fourth Quarter
The advertising holding company said it hasn't seen a major
shift in client behavior despite an uncertain macroeconomic
(END) Dow Jones Newswires
February 02, 2023 09:00 ET (14:00 GMT)
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