Dow Jones Top Company Headlines at 3 PM ET: Paramount Raises Concerns About Netflix's Bid for Warner Bros. Discovery | PepsiCo ...

Dow Jones
12/05

Paramount Raises Concerns About Netflix's Bid for Warner Bros. Discovery

David Ellison's company turns up the heat with a pair of letters as suitors prepare fresh bids.

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PepsiCo Nears Settlement With Activist Investor Elliott

Elliott in September unveiled a roughly $4 billion stake in the company and sought engagement with the board to boost a flagging share price.

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Target Tests New Models for Next-Day Delivery

The retailer is shifting some online-order fulfillment to less-busy stores, among other methods to speed up delivery and improve the in-store experience.

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Halozyme Granted Injunction Against Merck & Co. in Germany in Keytruda Patent Case

The Munich Regional Court ruled there was imminent infringement for Merck & Co.'s Keytruda SC in Germany related to Halozyme's MDASE patents in Europe, the San Diego company said.

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Kroger Swings to Quarterly Loss as Expenses Increase

Kroger swung to a fiscal third-quarter loss as expenses increased, though the company said it continues to make progress on its strategic priorities.

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Dollar General Lifts Outlook on Growing Demand

Despite some incremental pressures, consumers continue to spend on everyday items such as food and household supplies, as well as seasonal products, home decor and apparel, the discount retailer said.

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TD Bank Pushes Up Dividend After Quarterly Results

Toronto-Dominion Bank joined other big Canadian lenders in boosting its dividend, signaling optimism despite continued economic uncertainty after TD and its rivals each notched better-than-expected results in the latest quarter.

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UiPath Stock Soars. It's Looking More Like an AI Winner.

UiPath stock surged as it looks to be brushing off previous concerns about cuts to government spending and AI competition.

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EU Opens Antitrust Probe Into Meta Platforms Over WhatsApp AI Policy

The European Commission opened an antitrust investigation into whether Meta Platforms' rules governing AI developers' access to WhatsApp hurt competition.

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Hovnanian Enterprises Swings to Loss as Hesitant Homebuyers Squeeze Margins

The home builder posted a net loss of $667,000 as it offered more incentives to try to maintain a strong sales pace.

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Rio Tinto's New CEO Targets Cost Cuts, Asset Sales in Streamlining Push

Simon Trott also intends to scale back capital expenditures to less than $10 billion a year from 2028, and the company will cut roles.

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Hormel Expects Improved Profitability Next Year After Falling 'Significantly Short' of 2025 Goals

The maker of Skippy peanut butter, Planters nuts and Spam said higher input costs weighed on profits this year, as commodity prices across multiple brands and categories rose.

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Brown-Forman Profit, Revenue Fall

Brown-Forman reported lower profit in its second quarter as challenging headwinds weighed on revenue.

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EU to Open Bidding for AI Gigafactories in Early 2026

The European Union wants to develop large-scale AI facilities through public-private partnerships in an attempt to catch up with the U.S. in the tech race.

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Cava Keeps No-Discounting Stance as Restaurant Deals Abound

Cava doesn't discount, and it has no plans to even as some diners pull back on eating out. The key is ensuring that cash-conscious consumers see the value in the chain's Mediterranean lunch bowls.

 

(END) Dow Jones Newswires

December 04, 2025 15:00 ET (20:00 GMT)

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