News Highlights: Top Company News of the Day - Tuesday at 7 AM ET

Dow Jones
03-04
 
Target Warns That Tariffs and Consumer Uncertainty Will Hurt Profit 
 

The retailer said sales fell in February and profit will be pressured in the current quarter.

 
Honeywell's Transformation Continues With $2.2 Billion Deal for Pump Maker 
 

The company is nearing a deal to buy Sundyne from private-equity firm Warburg Pincus.

 
Founding Family of 7-Eleven Chain Says Buyout Proposal Scrapped 
 

Seven & i Holdings' founding family said it found it difficult to secure enough financing in a short time.

 
Walgreens Nears Roughly $10 Billion Deal to Go Private 
 

The deal price is still being ironed out with Sycamore but could be completed as soon as Thursday.

 
Kraft Heinz Dips a Toe Into Booze 
 

Kraft Heinz, America's famed ketchup and bologna seller, is hoping you'll buy its vodka seltzers too.

 
Aramco Expects Lower 2025 Dividend After Net Income Fall 
 

Saudi Arabia's national oil company said it anticipates lower shareholder returns this year after 2024 net profit fell to $106.2 billion from $121.3 billion in 2023.

 
Store-Brand Supplier Feels the Pain as Shoppers Pull Back Even on Lower-Cost Groceries 
 

First, shoppers squeezed by inflation began ditching name-brand snacks and drinks in favor of lower-price store brands. But now, with costs for coffee, eggs and other basic grocery items surging, consumers are cutting out many cheaper items as well. That has TreeHouse Foods, one of the country's largest manufacturers of private brands, feeling the pinch.

 
AI Services Provider CoreWeave Files for IPO 
 

CoreWeave, an artificial intelligence services provider, has filed to go public.

 
Okta delivers what some of its bigger peers couldn't: a rosy outlook 
 

Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still "prudent."

 
Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement 
 

The Chinese automaker plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.

 
 

(END) Dow Jones Newswires

March 04, 2025 07:00 ET (12:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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