Dow Jones Top Company Headlines at 9 AM ET: Eli Lilly Shares Jump as Mounjaro, Zepbound Fuel Massive Growth | Caterpillar ...

Dow Jones
Apr 30

Eli Lilly Shares Jump as Mounjaro, Zepbound Fuel Massive Growth

Surging consumer demand for blockbuster weight-loss drugs helped offset their declining prices.

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Caterpillar Profit Climbs, Sales Jump on Continued Demand

Caterpillar notched a higher profit and jump in sales during the first quarter, driven by continued demand for its construction equipment, as well as its engines and generators.

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Blue Owl Distributable Earnings Rise, Revenue Climbs

Blue Owl Capital's first-quarter distributable earnings climbed as the asset manager logged higher revenue and grew its assets under management.

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Mastercard Profit, Sales Rise as Payment Network Arm Grows

The credit-card company posted a profit of $3.88 billion, or $4.35 a share, in the quarter ended March 31, compared with $3.28 billion, or $3.59 a share, a year earlier.

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International Paper Swings to Profit, Issues Downbeat Outlook

International Paper swung to a first-quarter profit as it prepares to split its North American operations from its overseas business.

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Activist Hedge Fund Makes Nearly $3 Billion Offer to Buy Meineke Owner

ADW Capital says private-equity firm Roark Capital is mismanaging Driven and offers a roughly 40% premium to buy the company.

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Hershey Profit Jumps as Price Hikes Boost Sales

Hershey reported higher first-quarter profit as price increases announced last year provided a boost to revenue, even as its sales volume declined.

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Cardinal Health Lifts Outlook Again as Revenue Rises

Cardinal Health once again raised its full-year outlook after logging higher-than-expected adjusted earnings in the third quarter .

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Cigna Revenue Rises on Evernorth Growth

Cigna Group logged higher profit and revenue in its latest quarter as its pharmacy-benefit business Evernorth continued to grow.

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Altria Sales Rise, Boosted by Higher Cigarette Prices

Altria posted higher sales in the first quarter as higher pricing offset lower volumes.

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Wayfair Narrows Loss but Notes 'Choppy' Year for Furniture

Wayfair narrowed its loss in the first quarter, but said the year has been tough on the furniture industry so far.

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ConocoPhillips Cuts Outlook, Logs Lower Earnings

ConocoPhillips reported a first-quarter profit of $2.18 billion, or $1.78 a share, down from a year earlier, amid lower gas prices in Permian and lower volumes.

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Gildan Activewear Revenue Climbs

Gildan Activewear posted higher first-quarter sales as the company began folding in results from its newly acquired HanesBrands business.

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Textron to Separate Industrial Arm in Shift to Aerospace Focus

The Providence, R.I., company said Thursday it will explore options for the industrial unit, including a potential sale or tax-free spinoff into a publicly traded company.

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Blackstone Adds New Unit to Focus Its AI Momentum

Called BXN1, the new arm will concentrate some of the firm's AI bets as it also underscores Stephen Schwarzman's conviction in the technology.

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Merck Sales Rise on Continued Keytruda Growth

Merck reported higher first-quarter sales and raised its full-year earnings guidance as demand for its flagship Keytruda cancer drug continues to grow.

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L3Harris Lifts Outlook as Profit, Revenue Gain

L3Harris Technologies raised its full-year outlook after logging higher profit and revenue in the first quarter, as demand for weapons continued to accelerate.

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Bristol Myers Squibb Logs Higher Sales, Profit

Bristol Myers Squibb posted higher first-quarter revenue boosted by its portfolio of newer treatments for heart and blood conditions.

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Royal Caribbean Logs Higher Profit, Revenue as Demand Remains Strong

Royal Caribbean logged a higher profit and revenue in the first quarter as the cruise operator said demand remained strong.

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Unilever Sales Rise Amid Split with Foods Business

Underlying sales rose 3.8%, as the consumer-goods company carries out its largest portfolio shuffle yet.

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Volkswagen to Accelerate Turnaround Plans as Challenges Mount

Volkswagen backed guidance but said that it would double down on its transformation plans, including further cuts to manufacturing capacity, as global challenges intensify.

 

(END) Dow Jones Newswires

April 30, 2026 09:00 ET (13:00 GMT)

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