News Highlights: Top Company News of the Day - Thursday at 5 PM ET

Dow Jones
24 Jan
 
Boeing Warns of Deep Loss to Close a Difficult Year 
 

The machinist strike and Pentagon projects sap manufacturer's cash flow.

 
Jamie Dimon Earned $39 Million for Last Year 
 

JPMorgan CEO gets an 8% raise after a record year of profits for the bank.

 
Texas Instruments' Forecast Falls Short. The Stock Is Dropping. 
 

Texas Instruments reported strong December quarter results, but its March earnings forecast left investors wanting more.

 
Purdue Pharma's Sacklers Agree to New $6.5 Billion Deal for Opioid Lawsuits 
 

The new settlement reopens a path to ending Purdue's chapter 11 case, the longest and costliest corporate bankruptcy stemming from the U.S. opioid epidemic.

 
GE Aerospace Revenue Surges on New Orders, Boosting Shares 
 

GE Aerospace posted a surge in quarterly revenue that blew past Wall Street's estimates as the jet-engine maker received an influx of orders to end the year.

 
American Airlines Shares Fall as Outlook Overshadows Earnings 
 

The carrier posted higher-than-expected results but its stock price took a hit after its forecast for the current quarter was under Wall Street expectations.

 
Union Pacific Profit Rises as Fuel Spending Slides 
 

The railroad's fourth-quarter freight volumes were boosted by a surge in intermodal business.

 
Housing Shortage, Not Volatile Rates, Is Biggest Obstacle for Buyers, Zillow CEO Says 
 

The U.S. housing market has been hurt by volatile mortgage rates, but a severe shortage of available homes is the most critical obstacle for would-be buyers, Zillow CEO Jeremy Wacksman said.

 
Mantle Ridge Wins Three Air Products Board Seats as CEO Ghasemi Unseated 
 

Mantle Ridge has been pushing for changes at Air Products, including the replacement of Seifi Ghasemi as chairman and CEO and improvements to the company's strategy and capital allocation.

 
Salzgitter in Talks With Suitors After $1.2 Billion Takeover Approach 
 

The German steelmaker said it is in talks with top shareholder GP Guenter Papenburg and metal-recycling company TSR Recycling about a potential takeover.

 
 

(END) Dow Jones Newswires

January 23, 2025 17:00 ET (22:00 GMT)

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