Dow Jones Top Company Headlines at 3 PM ET: Universal Music Shareholder Deals Blow to Bill Ackman's $65 Billion Bid | Lululemon ...
Universal Music Shareholder Deals Blow to Bill Ackman's $65 Billion Bid
The chief executive of Bollore Group called on the record label to reject the bid from Pershing Square Capital.
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Lululemon Settles Dispute With Founder
The company will add two directors chosen by Chip Wilson, who has agreed to stop criticizing it for 18 months.
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Robinhood Lets Customers Use AI to Trade Stocks, Make Credit-Card Purchases
The brokerage's new feature links artificial-intelligence tools to investment and credit-card accounts.
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Samsung Workers Approve Pay Deal Promising Bonuses That Could Top $400,000
The company's unionized workers have approved a tentative bonus-pay deal reached last week with the company, averting a strike at the world's largest memory-chip maker.
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Jamie Dimon Says JPMorgan Could Spend $20 Billion on Deals
The bank has discussed asset-management and payments deal possibilities in recent years.
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Bank of Montreal and Rival Lenders Lift Dividends on Back of Earnings Growth
Bank of Montreal, Bank of Nova Scotia and National Bank of Canada kicked off earnings season for Canada's largest lenders with plans to lift their dividends.
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Abercrombie & Fitch Faces Weakness in Europe, Middle East Due to Iran War
Abercrombie & Fitch said fiscal first-quarter sales rose, even as the company faced softer demand in certain markets due to the war in the Middle East.
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Dick's Sales Rise as Foot Locker Returns to Growth
Dick's Sporting Goods reported higher fiscal first-quarter sales as it made progress on its efforts to turn around Foot Locker.
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CBS News Doesn't Renew '60 Minutes' Correspondent Sharyn Alfonsi's Contract
The correspondent had criticized as political a decision by CBS News Editor in Chief Bari Weiss to hold a segment on an El Salvador prison.
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Temu Owner PDD Posts Profit Miss Amid Fierce Competition in China
The Chinese owner of bargain-shopping app Temu reported worse-than-expected profit in the first quarter of 2026.
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SpaceX's Rocket Monopoly Gives It an Edge Over OpenAI in the IPO Race
The frontier development of artificial intelligence is crowded, while SpaceX has forged a market of one.
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Scotiabank Boosts Dividend Payout as Earnings Climb
Bank of Nova Scotia bumped up its dividend as it logged a lift in fiscal second-quarter profit on the back of a lower credit-loss provision and growth across its segments.
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Bath & Body Works Sales Fall Amid Turnaround Efforts
Bath & Body Works reported lower first-quarter sales as the company overhauls its strategy in an attempt to return to growth.
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Nuclear Power Startup Newcleo to Go Public in SPAC Deal
The deal, which values the developer at about $2.4 billion, follows a wave of nuclear companies going public to serve AI's surging power needs.
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Volvo Car Shares Jump After U.S. Sales Approval Despite China Links
The company has been in talks with U.S. regulators following a President Biden-era ruling aimed at blocking the import and sale of vehicles connected to China.
(END) Dow Jones Newswires
May 27, 2026 15:15 ET (19:15 GMT)
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