Dow Jones Top Company Headlines at 1 PM ET: Cardinal Health Logs Mixed Sales, Sees Growth in New Year | Sony …

Cardinal Health Logs Mixed Sales, Sees Growth in New Year

Cardinal Health had a mixed fiscal fourth quarter in terms of sales across its two main business lines, but expects revenue to rise in both segments in the new fiscal year.

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Sony Group, TSMC to Form $4.7 Billion Image-Sensor Joint Venture

Sony Group has agreed to form a joint venture with Taiwan Semiconductor Manufacturing Co. to produce next-generation image sensors for smartphones.

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Lockheed Martin Investing Millions to Develop Hypersonic Weapons System

The defense contractor said itis making a multimillion-dollar investment to develop a modular system for delivering different payloads on hypersonic weapons, as the U.S. military seeks to accelerate development of the technology.

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Smithfield Foods Cuts Outlook as Sales Fall

Smithfield Foods cut its outlook for the year, citing continued macroeconomic pressures, as sales fell during the recent quarter.

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Flight-Tracking Platform Sues Kalshi Over Flight Cancellation Prediction Markets

FlightAware says such markets could encourage unsafe tactics to cause cancellations and create the potential for disruption to air travel.

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Yankees Strike $2.6 Billion Financing Deal With Apollo Sports Capital

Yankee Global Enterprises, the parent company of the New York Yankees, said it reached a $2.6 billion financing agreement with affiliates of Apollo Sports Capital, providing capital for the baseball franchise’s growth and refinancing existing debt.

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Hollywood Mogul Ari Emanuel to Buy Theater Giant in $6 Billion Deal

The media mogul’s live entertainment business Mari Group said it had agreed to buy Britain’s ATG Entertainment from a private-equity firm.

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An Oil Refiner That Fled California Is Back-With a Giant Pipeline From Texas

Phillips 66’s 900-mile pipeline will carry gasoline, diesel and jet fuel from the Texas Panhandle to Phoenix and Los Angeles.

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Anthropic Tries to Shore Up Investor Confidence Ahead of Blockbuster IPO

The AI giant is racing to public markets this fall and has fielded tough investor questions on Chinese rivals, Trump-era tensions, and the artificial-intelligence infrastructure boom.

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On Holding Tempers Outlook as Running-Shoe Sales Underwhelm

The Swiss running-shoe maker now expects sales to grow in the low-20% range for the year after it deliberately stymied growth across its wholesale channels during the latest quarter.

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Intel Increases Size of Stock Offering to Raise $20 Billion

Intel plans to raise $20 billion by way of an underwritten public offering of 210.5 million shares priced at $95 each.

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Domino’s Set to Release New Individual-Size Pizza for Diners Who Don’t Want to Share

The pizza chain aims to boost sales with a new rectangular pie geared toward individual orders, as more Americans eat meals alone.

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Samsung SDI Buys GM’s Stake in U.S. Battery JV

The South Korean battery maker said it would use the Indiana plant to make batteries for energy storage systems and other high-tech applications.

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Abu Dhabi’s Adnoc L&S Posts Record Quarterly Profit Despite Regional Disruption

The Abu Dhabi-based maritime logistics company said its result was buoyed by strong shipping rates, increased chartering activity and an expanded fleet.

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See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday

A critical clause in the CEO’s Tesla stock award would wipe away lofty performance targets if a merger happened.

(END) Dow Jones Newswires

August 11, 2026 13:15 ET (17:15 GMT)

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