Dow Jones Top Company Headlines at 9 AM ET: Target Sales Just Fell Again. Now Its New CEO Plans for Turnaround. | Cigna ...

Dow Jones
03/03

Target Sales Just Fell Again. Now Its New CEO Plans for Turnaround.

Michael Fiddelke will present his proposal to fix things at Tuesday's investor meeting

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Cigna Names Brian Evanko CEO as David Cordani Retires

Cigna Group's longtime leader, David Cordani, is retiring as chief executive of the health insurer later this year and handing the reins to Brian Evanko.

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Ziff Davis to Sell Connectivity Division to Accenture for $1.2 Billion

Ziff Davis has struck a deal to sell its connectivity division to Accenture for $1.2 billion in cash.

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Activist Elliott Invests $1 Billion in Pinterest

Pinterest will use the injection to help fund a $3.5 billion share-buyback program.

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Best Buy Forecasts Tepid Growth as Consumer Demand Slows

Best Buy said it saw a return to positive same-store sales during fiscal 2026 but projected weak growth for the year ahead as it expects consumers to continue hunting for value.

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Versant Media Prepares for Growth Despite 2025 Revenue Weakness

Versant Media Group said profit and revenue fell in 2025, hurt by lower revenue across its linear distribution, advertising and content-licensing businesses.

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Anthropic's Feud With Pentagon Earns It Fans Amid the Blowback

The AI company's app is reaching new heights of popularity after President Trump ordered the government to stop using it.

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On Holding Posts Higher Profit, Sales; Outlook Underwhelms

On Holding said profit and sales climbed in the fourth quarter, but the running shoe maker's sales outlook for the current year underwhelmed investors.

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Viking Posts Higher Profit, Sees Strong Booking Environment

Viking Holdings reported higher fourth-quarter profit and said it was seeing strong bookings for 2026.

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MongoDB Stock Falls 27% Even as Earnings Beat Estimates

MongoDB issues disappointing first-quarter earnings guidance.

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Northrop Grumman Shares Rise but Not All Defense Stocks Are Jumping. Here's Why.

Lockheed Martin and RTX both rack up gains in premarket trading as the broader market frets about a drawn-out conflict.

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Crowdstrike Is Focusing on AI Disruption Risks. Earnings Are Today.

CrowdStrike reports fourth-quarter results Tuesday as investors weigh AI disruption risks and the cybersecurity firm's push to address emerging threats.

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AST SpaceMobile Stock Falls After Larger-Than Expected Loss

The space-based communications company reported a net loss of $74 million from sales of $54.3 million. Wall Street was looking for a net loss of $67 million from sales of $42 million.

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Fitch Downgrades Paramount After Warner Bros. Deal Announcement

The $81 billion deal for Warner Bros. Discovery is highly complex and poses credit risks, Fitch Ratings said.

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Thales Eyes Further Growth as Europe Primes Fresh Cash for Defense

The group booked further growth in sales last year, with its top line up 8% on record defense division orders.

 

(END) Dow Jones Newswires

March 03, 2026 09:00 ET (14:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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