November 20, 2025

Dow Jones Top Company Headlines at 11 AM ET: Walmart Reports Strong Sales Growth, Raises Outlook | Verizon …

Walmart Reports Strong Sales Growth, Raises Outlook

The earnings show that shoppers are still spending when they perceive good value, even as they remain nervous about the economy.

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Verizon Begins Laying Off More Than 13,000 Employees

U.S. employees will be notified Thursday if they are being laid off in Verizon’s largest-ever round of workforce cuts.

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Abbott to Acquire Exact Sciences for $21 Billion

The transaction gives Abbott more exposure to the cancer screening market.

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Bath & Body Works CEO Says Former Strategy Failed to Drive Growth

The retailer cut its profit forecast after a drop in sales and earnings.

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Novartis Expects Key Drugs, Recent Deals to Buoy Sales Into 2030s

The drugmaker is confronting investor concerns about patent expirations as it moves forward with a $23 billion plan to bolster its U.S. footprint.

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IBM and Cisco have a new partnership as they target a ‘quantum-computing internet’

The fruits of the partnership are admittedly years away as the companies strive for a connected fault-scale network by the “early 2030s.”

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GE Appliances Invests $150 Million in U.S. Suppliers in Reshoring Push

The appliance manufacturer says it plans to involve vendors earlier in the design process.

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Nvidia’s Strong Results Show AI Fears Are Premature

The chip maker says demand looks strong through next year, while a selloff has made the $4.5 trillion company look cheap.

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BNP Paribas Reassures Investors With Upgraded Capital Target, New Buyback

The group raised its capital buffer target and said it would launch a â¬1.15 billion buyback program by the end of the month.

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Siemens Energy Plans $6.9 Billion Buyback Over Next Three Years

Shares climbed on the buyback news, coming a week after the company upgraded its financial targets for fiscal 2028.

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The ‘Golden Handcuffs’ Are Off: Private-Equity Employees Leave for Smaller Firms

Employees are doing the math on a key form of pay and taking their chances elsewhere.

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Palo Alto Networks to Buy Chronosphere for $3.35 Billion, Posts Higher Revenue

The deal came as Palo Alto Networks posted higher revenue in its latest quarter and raised its top-line view for the year.

(END) Dow Jones Newswires

November 20, 2025 11:15 ET (16:15 GMT)