Press Digest: Wall Street Journal - Feb 8

AGL Energy

08/02/2024 06:48

Feb 8 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.

    - Société Générale  SOGN.PA  reported sharply lower net
profit for the fourth quarter, weighed by lower net banking
income and higher operating expenses.

    - Disney's  DIS.N  new moves include a deal to invest $1.5
billion in return for an equity stake in Epic Games, the maker
of "Fortnite" also plans to stream an exclusive cut of pop star
Taylor Swift's Eras Tour concert movie on Disney+.

    - Professional sports leagues including the National
Football League and National Basketball Association were kept in
the dark about the new sports-centric streaming service being
launched by Walt Disney  DIS.N  Co., Fox  FOXA.O  and Warner
Bros. Discovery  WBD.O 

    - AGL Energy  AGL.AX  narrowed its annual earnings view
after returning to a half-year profit, as it benefited from
higher wholesale electricity pricing and an improved performance
by its power-generation assets.

    - Uber Technologies  UBER.N  posted its first full-year
profit as a public company last year and projected continued
growth in the first quarter of 2024, marking the end of an era
in which the ride-sharing and food-delivery company gave
priority to growth over profits.

    - Siemens  SIEGn.DE  reported an increase in net profit,
beating analysts' expectations, after earnings rose across most
of its businesses in the first quarter of fiscal 2024.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))