Elliott Pushes For PepsiCo Turnaround With $4 Billion Stake
The activist said it sees the potential for the food and beverage giant’s shares to rise more than 50%.
—-
Kraft Heinz Is Splitting Into Two Companies
The packaged-food giant has struggled with a flagging share price and weakening demand for some core products.
—-
Klarna Seeks to Raise up to $1.46 Billion From New York IPO
The announcement comes just months after it backed out of its IPO plan.
—-
Constellation Brands Cuts Outlook on Weak Beer Demand
Constellation Brands cut its fiscal-year outlook as widespread consumer weakness, including among its core Hispanic demographic, continued to weigh on demand.
—-
NFL Criticizes Nielsen’s Measurements as Football Season Approaches
The league says Nielsen underestimates game viewership, potentially hurting the value of media rights and ad revenue. The measurement firm says this season’s ratings will be its most accurate ever.
—-
Vogue Taps New U.S. Editor, Marking a New Era for the Iconic Fashion Glossy
Chloe Malle, 39, will take on a new position after Anna Wintour stepped down as editor in chief.
—-
NIO Misses Earnings Expectations
The Chinese electric-vehicle maker’s net loss widened in the second quarter even as revenue rose, with both metrics missing analysts’ expectations as the company faced intense competition during the period.
—-
InPostTurns More Cautious on Poland Growth Outlook
Shares fell after the Polish e-commerce logistics company turned more cautious on its expectations for parcel volumes in its home market and reported a lower net profit.
—-
CEO of Jim Beam’s Japanese Owner Quits During Police Probe
The development marks an unusual scandal for the normally sedate world of corporate Japan.
—-
Nestle Fires CEO Following Probe of Romantic Relationship With Subordinate
Laurent Freixe is out after just a year in the top job at the food giant, which is trying to sell a number of underperforming businesses.
—-
Monte Dei Paschi Adds $878 Million in Cash to Sweeten Mediobanca Offer
Monte dei Paschi said it would pay an extra â¬0.90 a share for each Mediobanca share tendered, on top of its original offer.
—-
Amazon to Invest $4.4 Billion in New Zealand Data Centers
The U.S. tech company said the investment would support over 1,000 full-time jobs.
(END) Dow Jones Newswires
September 02, 2025 11:15 ET (15:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.