Dow Jones Top Company Headlines at 5 PM ET: Ford Motor Lifts Guidance on Forecast of Higher U.S. Automobile Pricing | Visa ...

Dow Jones
Jul 29

Ford Motor Lifts Guidance on Forecast of Higher U.S. Automobile Pricing

The automaker raised its full-year adjusted earnings outlook to between $10 billion and $11 billion as it expects auto prices to rise around 0.5%.

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Visa Is Slashing 2,600 Jobs as It Adapts to Changing Payments Industry

Cuts, mostly in technology and product teams, affect about 7% of the payment giant's workforce.

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Mondelez International Lifts Outlook on Higher Quarterly Sales

The Latin America market drove strength in second-quarter sales, and the Oreo and Cadbury owner now expects at least 2% growth in organic net revenue. Shares rose after-hours.

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Seagate Profit Soars as AI Boom Drives Data Storage Demand

The mass-capacity data storage company reported net income of $1.29 billion, or $5.58 a share, up from $488 million, or $2.24 a share the year prior.

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Bloom Energy Raises Outlook as Profit, Sales Climb

The provider of fuel-cell technology raised its fiscal 2026 revenue and adjusted earnings per share guidance, as second quarter sales and profit climbed.

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Apple Launches Product Leasing Program Through Klarna

The Apple Upgrade program will allow customers to pay monthly for new products and then return, upgrade or buy the device.

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Caesars Entertainment Narrows Loss Ahead of Fertitta Acquisition

The hotel and casino company reported a loss of $62 million in its first earnings report since agreeing to be acquired by billionaire Tilman Fertitta in a $5.7 billion deal.

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Chip-Equipment Supplier ASM International Lifts Sales Outlook as AI Fuels Orders

The Dutch group expects revenue to exceed its previous 2027 target of $4.21 billion to $5.23 billion, citing strong orders, expectations for continued robust bookings, and visibility from customers.

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Gucci-Parent Kering Posts Higher Revenue as Revival Plan Continues

The French luxury group logged higher revenue of $4.15 billion in its latest quarter, even as Gucci's revenue fell 3%.

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Ray-Ban Maker EssilorLuxottica's Sales Growth Slows Despite Smartglasses Boom

The Franco-Italian manufacturer of Oakley and Ray-Ban sunglasses booked 8.7% year-over-year organic growth in the three months through June, losing a little pace from the 11% growth it recorded in the first three months of the year.

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Boeing Spends Big to Meet Deadline for New Air Force One

The plane maker posted a loss as it invests to ensure the presidential plane can be delivered by 2028.

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UPS Lifts Outlook, Says Restructuring Efforts Are Paying Off

United Parcel Service raised its full-year outlook after revenue climbed in the second quarter, as the company said its yearslong restructuring efforts are bearing fruit.

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Coca-Cola Raises Outlook After Successfully Navigating Consumer Caution

Coca-Cola recorded higher profit and sales in the second quarter, citing better concentrate sales, pricing and product mix.

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JetBlue Eyes More Aircraft Financing If High Fuel Costs Persist

The carrier's net loss widened to $247 million in the second quarter, from a loss of $74 million in the same period in 2025.

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PayPal Is Open to Buyout, but Focused on Turnaround

PayPal bumped up its profitability forecast and signaled an openness to a potential deal if it came at the right price.

 

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