Dow Jones Top Company Headlines at 3 PM ET: BJ's Wholesale Revenue Rises on Membership Growth | European ...

Dow Jones
May 23

BJ's Wholesale Revenue Rises on Membership Growth

BJ's Wholesale Club logged higher sales in its fiscal first quarter, as inflation-weary consumers continued to flock to the warehouse club in search of value.

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European Regulator Backs Novo Nordisk's Wegovy Weight-Loss Pill

The recommendation paves the way for it to become the first tablet approved to treat obesity in the European Union.

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Booz Allen Profit Rises Amid Cost Cutting

Booz Allen Hamilton reported higher fiscal fourth-quarter profit as its cost-cutting initiatives helped to offset declines in revenue.

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Lenovo Targets $100 Billion Annual Revenue Within Two Years After Stellar Quarter

The world's largest personal-computer maker recorded its fastest revenue growth in years.

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Apollo $2.04 Billion Takeover Proposal Propels Bodycote Share Gain

Heat treatment firm Bodycote said it received a 1.52 billion pound ($2.04 billion) takeover proposal from Apollo Global Management, and that the two were in talks, sending shares sharply higher.

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Bank Boss Apologizes for 'Lower-Value Human Capital' Comment

The Standard Chartered CEO was talking about AI and job losses, in an example of the difficulties of describing the technology's impact in the workplace.

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Puig's Shares Slump After Termination of Merger Talks With Estee Lauder

Madrid-listed shares fell more than 14% in European morning trading, while Estee Lauder's stock was up over 10% in premarket trading.

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CVC Teams Up With GBL for $12.5 Billion Bid to Take Recordati Private

CVC Capital Partners and Groupe Bruxelles Lambert said they teamed up to launch an offer to take Recordati private with a bid that values the Italian drugmaker at $12.47 billion.

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Richemont Sales Growth Accelerates on Continued Jewelry Demand

Richemont reported an acceleration in sales growth for its most recent quarter despite a hit from the Middle East conflict, saying it benefited from strong jewelry demand across regions.

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Grand Theft Auto Is Hiding the Holes in Take-Two's Earnings Release

The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.

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Workday Stock Rises. Why The Software Company's Earnings Flip the AI Script.

Workday stock rises after the enterprise-management software company reported better-than-expected fiscal first-quarter earnings.

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Slumming It With Swatch Is a Clever Move for Audemars Piguet

The hype the luxury watchmaker's Royal Pop collaboration is generating will attract a younger audience and women.

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SpaceX Postpones Launch of Newly Redesigned Starship

The company estimates it has spent $15 billion developing its next-generation rocket.

 

(END) Dow Jones Newswires

May 22, 2026 15:00 ET (19:00 GMT)

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