AGL Energy Narrows Annual Profit Guidance 

The company also expects a full-year underlying net profit of A$680 million-A$780 million, representing a tighter range than before.

Disney Turns to Taylor Swift, 'Fortnite' to Bolster Its Fortunes 

CEO Bob Iger is charting the entertainment giant's future, from investment in Epic Games to exclusive concert footage, streaming sports and a "Moana" sequel.

Amazon's Newest Competitors Are Stepping Into Its Territory-Literally 

Shein and TikTok are expanding in Amazon's backyard and recruiting its employees.

Streaming Venture From ESPN, Fox and Warner Blindsides Sports Leagues 

The NFL and NBA are digesting the details behind a new platform that looms over their businesses.

How a No-Frills Carrier Became One of America's Best Airlines 

More fliers are turning to Allegiant as it develops a reputation for reliability. But they have to accept its limitations.

After 'Barbie' boom, Mattel is cutting costs - and buying back stock 

The toy maker's cost cuts would follow layoffs by rival Hasbro amid a slowdown in demand for toys.

Arm stock soars 20% as chip maker sees 'signs of recovery' in broader market 

U.S.-listed shares of Arm Holdings PLC rallied 20% after hours Wednesday after the chip designer raised guidance for the year, saying it is seeing green shoots in the semiconductor market.

PayPal earnings outlook disappoints as CEO says he's looking to rebuild trust 

PayPal's CEO says he wants to "put points on the board" before factoring new products into forecasts.

Carlyle Revamps Pay Structure While Setting New Financial Targets 

The private-equity firm swung to quarterly loss but saw its stock-price rise after it unveiled a pay overhaul that will give investors a bigger piece of management fees.

New York Community Bancorp looks to sell rent-regulated commercial real estate after surprise quarterly loss 

The loan sale relates to three rent-regulated properties in New York City, a pain point for lenders.

(END) Dow Jones Newswires

02-08-24 0115ET