BP's Profits Surge as Oil Traders Capitalize on Middle East Volatility
Its oil-trading unit delivered bumper profits again after conflict in the Middle East continued to drive turbulence in energy markets.
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HSBC Posts Sharply Higher Quarterly Profit, Plans $1 Billion Share Buyback
The London-based bank said its second-quarter net profit jumped 68% from a year earlier to $7.69 billion and announced a share buyback of up to $1 billion.
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Toyota Net Profit Surges 76%, Boosts Earnings Outlook
The Japanese carmaker reported a 76% surge in first-quarter net profit on tailwinds including increased sales of hybrid electric-vehicle sales, and raised its annual earnings forecasts.
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Saudi Aramco Profit Jumps 33% on Higher Oil Prices Amid Iran War
Elevated crude prices lifted earnings despite disruption in the Strait of Hormuz pushing sales volumes lower.
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Prologis to Buy U.K.'s Segro for $18.8 Billion
Segro's directors intend to unanimously recommend the offer to shareholders who will be entitled to receive 0.0920 newly issued shares in Prologis for each Segro share held, with a partial cash alternative.
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Bayer Swings to Net Profit on Smaller Litigation Charges
The company said its 2026 sales and earnings forecasts were unchanged when adjusted for currency changes, and that year-end net debt would be lower than originally projected.
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Lufthansa Tightens 2026 Guidance After Profit Slump
The carrier group reported net profit of €123 million for the second quarter, compared with €1.01 billion in the prior-year period.
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More Biotech M&A Is on the Way, Whether an AstraZeneca-Bristol Myers Deal Happens or Not
Even if a megamerger fails to materialize, investors stand to benefit from a wave of M&A activity in the biopharma sector.
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Anduril Weighs Baltimore Shipyard Investment to Build Drone Boats
The defense-tech company is in talks for a production site at historic Sparrows Point, as the Iran war has demonstrated the utility of unmanned surface vessels.
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Whirlpool Abandoned Its Global Ambitions. Now It's in a World of Hurt.
The company's focus on North America has tied its fortunes to the slumping U.S. housing market.
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Palantir Shares Jump on 'Otherworldly' Sales, Improved Forecast
Chief Executive Alex Karp told investors that "demand for AI sovereignty has now been unleashed."
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ON Semiconductor Reports Higher Profit, Revenue on Growing AI Data Center Business
The chipmaker reported second-quarter net income of $226.8 million, up from $170.3 million a year earlier.
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Clorox Projects Tough Fiscal Year with Inflation, Value-Seeking Customers
The company now expects sales to rise between 13% and 14% for the current fiscal year after its fourth-quarter revenue fell to $1.95 billion.
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People Inc. Profit More Than Doubles on Gains From MGM Investment
The company posted a quarterly profit of $506.9 million, boosted by an unrealized gain on the company's investment in MGM.
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Caterpillar Earnings Are Coming. Only 1 Thing Matters.
For Cat's second quarter, Wall Street projects earnings per share of $6.22, up from $4.72 a year ago.