News Highlights: Top Company News of the Day - Friday at 9 AM ET

Dow Jones
09 May
 
AMC Networks Profit Shrinks as Linear TV Fades 
 

AMC Networks recorded a smaller profit in the first quarter on a lower base of revenue as steady declines in the linear-TV model continue to overwhelm gains in streaming.

 
Panasonic Holdings to Cut 10,000 Jobs Globally 
 

The company said it would carry out the measures mainly in the current fiscal year targeting 5,000 employees in Japan and 5,000 overseas.

 
Google Faces Potential $3.3 Billion Antitrust Lawsuit in Italy 
 

Price comparison site operator Moltiply Group is suing Alphabet's Google over what it called anti-competitive behavior.

 
IAG to Buy 53 Planes Despite Market Uncertainty 
 

British Airways owner International Consolidated Airlines said it ordered the planes to bolster its long-haul fleet after earnings rose.

 
Iberdrola to Sell U.K. Smart-Meters Rental Business to Macquarie in $1.2 Billion Deal 
 

The Spanish energy company expects to complete the sale of SP Smart Meters Assets to the Australian investment bank in the third quarter.

 
Trio of Italian Banks Beat Forecasts Amid Takeover Tussle 
 

Mediobanca, Monte dei Paschi and Banca Generali all reported results that topped expectations as the Italian banks seek to make their case in a threeway takeover tussle.

 
Beverage and Snack Giants Defend Sustainable-Packaging Plans Amid Investor Pressure 
 

Coca-Cola, Pepsi and Kraft Heinz, facing criticism from activist investors, say plastic-reduction progress continues

 
Commerzbank Posts Higher Earnings After Commission Income Lifts Revenue 
 

Earnings and revenue exceeded analyst expectations, after higher commission income offset a decline in interest income.

 
How Airlines Are Trying to Win Over Private-Jet Passengers 
 

Air France-KLM is doubling down on luxury travel amid industry uncertainty.

 
McKesson to Spin Off Medical-Surgical Company 
 

The pharmaceutical distributor said the new company would be a differentiated medical surgical supply and solutions business.

 
 

(END) Dow Jones Newswires

May 09, 2025 09:00 ET (13:00 GMT)

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