Dow Jones Top Company Headlines at 1 PM ET: Electronic Arts Goes Private for $55 Billion in Largest LBO Ever | Comcast ...

Electronic Arts Goes Private for $55 Billion in Largest LBO Ever

Electronic Arts Videogame maker Electronic Arts said a group of investors including private-equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Jared Kushner's investment firm Affinity Partners will buy it.

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Comcast Names President as Co-CEO to Serve With Brian Roberts

Michael Cavanagh will serve as co-chief executive alongside the longtime CEO, the company said Monday.

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Barrick CEO Mark Bristow Steps Down; Mark Hill Named COO and Interim CEO

Barrick Mining President and Chief Executive Mark Bristow has departed the big Canadian gold miner roughly seven years after he took the helm following its takeover of the company he previously led, Randgold Resources.

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TotalEnergies to Cut Costs While Boosting Oil, Gas Output Through 2030

TotalEnergies said it will boost oil and gas production through 2030 while starting a $7.5 billion savings plan.

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Carnival Lifts Outlook on Continued Demand, Higher Spending

Carnival raised its outlook for the year as it notched higher revenue and profit in its latest quarter, boosted by ongoing travel demand and higher spending.

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Newmont CEO Tom Palmer to Retire; Natascha Viljoen to Take Reins

Newmont's chief executive, Tom Palmer, is retiring after more than five years at the helm of the mining company.

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CSX Appoints New CEO Following Activist Pressure

CSX named Steve Angel as its chief executive, succeeding Joe Hinrichs, after activist investor Ancora Holdingstold the railroad operator that it should pursue a deal with a rival.

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Canada to Lend Algoma Steel C$500 Million to Deal With U.S. Tariff Squeeze

Canada's finance minister said the loan would help Algoma transition to a business model less reliant on U.S. demand.

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Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions

First Brands enters bankruptcy protection after lenders raised red flags over the company's billions of dollars of off-balance-sheet debt.

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AstraZeneca to List Shares Directly on New York Stock Exchange

The British company said the direct listing would replace the existing listing of its American depository receipts on the Nasdaq.

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Sony Group Lists $9.5 Billion Financial Business to Focus on Entertainment

Shares of Sony Financial Group were listed in Tokyo Monday and the company said that a planned spinoff would take effect on Wednesday.

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Novartis to Launch Direct-to-Patient Platform for Cosentyx in U.S.

The company is the latest pharma giant to move on price-cutting ahead of the Trump administration's deadline.

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GSK CEO Emma Walmsley to Step Down

Commercial chief Luke Miels will take the helm as the pharma company seeks to bring to replenish its product lineup to offset a coming loss of patent protection for its top-selling drug.

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Icelandic Low-Cost Carrier Play Collapses, Leaving Thousands Stranded

The airline has ceased operations following weeks of poor ticket sales and a failed strategic shift, putting hundreds of staff out of work.

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ASML Builds Machines that Make AI Chips. Why It's Missing Out on the Boom.

ASML stock has lagged behind other companies in the AI supply chain. What's holding the chipmaking equipment company back.


(END) Dow Jones Newswires

September 29, 2025 13:15 ET (17:15 GMT)

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