FRANKFURT (Reuters) -Germany's Adidas on Tuesday raised its operating profit guidance for the full year, saying it successfully mitigated part of the extra costs caused by higher U.S. tariffs. The maker of sports gear predicted a 2025 operating profit of about 2.0 billion euros ($2.3 billion), up from a range of 1.7 billion to 1.8 billion euros it had previously...

12:22 PM EDT, 10/21/2025 (MT Newswires) -- Warner Bros. Discovery's ( WBD ) shares surged intraday Tuesday after the media and entertainment giant said it is open to a potential sale as it initiated a review of strategic alternatives after receiving interest from multiple parties. The company, which operates the Max streaming service, said its previously-announced plan to split into...

12:25 PM EDT, 10/21/2025 (MT Newswires) -- SMX (Security Matters) ( SMX ) said Tuesday its shares will start trading on a split-adjusted basis on Oct. 23. The company will consolidate about 10.9 shares into one share with the reverse stock split, reducing its outstanding shares to around 1 million from 15.5 million. Shares were down over 21% in recent...

12:22 PM EDT, 10/21/2025 (MT Newswires) -- Krispy Kreme (DNUT) and Jack in the Box (JACK) outperformed most US restaurant peers in Q3, even as overall industry trends softened, Morgan Stanley said in a note Tuesday. Restaurants as a whole have performed poorly as industry data show a slowdown beginning in September, the firm said, adding that it views the...