Dow Jones Top Company Headlines at 3 PM ET: Novartis to Buy Excellergy for Up to $2 Billion | CrossCountry ...
Novartis to Buy Excellergy for Up to $2 Billion
The acquisition brings a new approach to treating allergic diseases to the company's immunology pipeline.
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CrossCountry Mortgage to Acquire Two Harbors
Two Harbors Investment accepted an improved acquisition bid from CrossCountry Mortgage, backing out of its previous merger agreement with UWM Holdings.
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Mitsubishi Electric, Rohm, Toshiba to Explore Merger of Power Chip Businesses
The Japanese companies are exploring a possible merger of their power semiconductor businesses to cope with increasingly fierce international competition.
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Pernod Ricard in Talks to Combine With Jack Daniel's Maker Brown-Forman
The two companies are discussing a deal that is mostly stock and could be weeks away.
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Carnival Cuts Profit Outlook as Higher Fuel Costs Offset Resilient Demand
Carnival cut its full-year profit outlook, saying a spike in fuel costs will more than offset record bookings and continually strong demand in the recent quarter.
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Norwegian Cruise Line to Overhaul Board After Truce With Elliott
Norwegian Cruise Line Holdings said it will reshape its board after reaching a truce with activist Elliott Investment Management, as the cruise operator works to address operational missteps that have weighed on performance.
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AstraZeneca Shares Rise After Lung Drug Hits Goals in Late-Stage Trials
Tozorakimab met the primary goal in two late-stage clinical trials, reducing the rate at which patients' symptoms worsened, the company said.
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Santander Flags Strong First Quarter, Sticks to Targets
The bank backed its targets despite increasing global economic uncertainty, with Chair Ana Botin saying its geographic diversification mitigates risk by reducing volatility.
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China's Moonshot AI Seeks Listing in Hong Kong Under Heightened Scrutiny
Moonshot AI, one of China's most promising artificial-intelligence startups, is considering changing its corporate structure to pave the way for an initial public offering in Hong Kong.
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The SpaceX IPO Will Be Just as Unconventional as Musk Himself
From the investor meetings to how shares are doled out, Elon Musk is navigating his own path.
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Major Australian LNG Plants Suffer Outages as Cyclone Hits
A strong cyclone has affected liquefied natural gas plants in Australia, potentially adding more pressure to a market already reeling from massive supply disruption caused by war in the Middle East.
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LVMH's Sephora, Benefit Cosmetics Face Italy Probe Into Marketing Practices
The Italian Competition Authority said it is investigating beauty brands Sephora and Benefit Cosmetics over potential rule breaches related to the premature use of adult cosmetics by children and adolescents.
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Why Kraft Heinz's CEO Decided Not to Split the Company in Two
Steve Cahillane, the food CEO who has twice broken up companies, is now taking on the surprise challenge of keeping one together.
(END) Dow Jones Newswires
March 27, 2026 15:15 ET (19:15 GMT)
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