News Highlights: Top Company News of the Day - Monday at 11 AM ET

Dow Jones
05-05
 
Greg Abel's Challenge: Lead Berkshire Into a New Era Without the Buffett Touch 
 

Warren Buffett has done what he can to prepare his successor at Berkshire Hathaway. But there is one thing that can't be simply handed off: the Buffett brand.

 
Skechers to Go Private in $9.4 Billion 3G Deal 
 

The footwear company said 3G plans to pay $63 a share in cash for all of Skechers's outstanding shares.

 
Tyson Foods Sales Flat on Mixed Volumes 
 

Tyson Foods said sales in its fiscal second quarter were unchanged year-over-year as higher volumes in its chicken business were balanced out by declines in beef and other segments.

 
Sunoco to Buy Canada's Parkland in Deal Worth $9.1 Billion 
 

Sunoco moved to expand its reach with a $9.1 billion deal to buy Canada's Parkland, bringing with it a fleet of gas stations and a west-coast refinery.

 
Santander to Sell Poland Assets to Austria's Erste Group for $7.9 Billion 
 

Banco Santander agreed to sell most of its Polish assets to Austria's Erste Group Bank, continuing a wave of dealmaking among European lenders.

 
Trump's Planned Hollywood Tariff Rattles Studios and Streamers 
 

The president's planned 100% tariff on films produced overseas dented entertainment company stocks.

 
Ackman's Pershing Square to Boost Stake in Howard Hughes Holdings 
 

Howard Hughes Holdings said Bill Ackman's Pershing Square Capital Management will invest $900 million in the company, boosting its stake further and bringing Ackman back into the fold.

 
UnitedHealth Now Has 1,000 AI Use Cases, Including in Claims 
 

But artificial intelligence on its own will never deny a claim, assures the insurer's chief digital and technology officer

 
Audi Says Guidance Remains in Place, But Excludes Tariff Impact 
 

The company joins a growing list of automakers who have inserted similar caveats in their financial outlooks as they struggle to get a grip on dynamic U.S. trade policy.

 
Gold Fields to Buy Australia's Gold Road for Roughly $2.4 Billion 
 

Australia's Gold Road Resources agreed to a sweetened US$2.4 billion takeover by South Africa's Gold Fields, after rejecting an earlier bid amid surging gold prices.

 
 

(END) Dow Jones Newswires

May 05, 2025 11:00 ET (15:00 GMT)

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