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

Dow Jones
Feb 28, 2025
 
Dell Stock Rises After AI Server Maker Beats Earnings Estimates 
 

"Our prospects for AI are strong," Dell Chief Operating Officer Jeff Clarke said.

 
Consumer Watchdog Moves to Drop Capital One Lawsuit 
 

President Trump's nominee to lead the Consumer Financial Protection Bureau said he still planned to fulfill the agency's mandate.

 
Autodesk to Cut 9% of Workforce, Close Facilities 
 

The layoffs are expected to hit about 1,350 employees, the company software said. It will incur total restructuring charges between $135 million and $140 million, Autodesk said.

 
HP Inc. was proactive about the impact of tariffs, and it may be paying off 
 

HP Inc. has been proactive in dealing with the potential impact from looming tariffs on goods manufactured in China, including an ongoing shift of its manufacturing operations and purchasing more inventory ahead of the expected tariffs.

 
Microsoft Urges Trump to Overhaul Curbs on AI Chip Exports 
 

The request highlights the president's challenging task of trying to boost U.S. businesses and limit China's advances in artificial intelligence.

 
Monitor Appointed in TD Bank $3 Billion Anti-Money-Laundering Settlement 
 

The Justice Department and the Financial Crimes Enforcement Network have jointly selected consulting firm Guidepost Solutions as the bank's monitor.

 
Warner Bros. Losses Widen as Revenue Drops. Here's the Good News. 
 

The entertainment and media company reported its fourth-quarter earnings ahead of Thursday's opening bell.

 
Warby Parker to sell its eyewear at Target, sending stock up 6% 
 

Warby Parker will offer its eyewear through five shop-in-shops in Target in 2025, with the opportunity to open more in the coming years.

 
7-Eleven Owner's Founding Family Fails in Bid to Fend Off Foreign Takeover 
 

The 7-Eleven owner said that as a result there is no actionable acquisition proposal from the founding family to consider at this time.

 
Hormel's stock boosted by revenue beat, though challenges lie ahead with turkeys and nuts 
 

The company said it continues to "recover from the snack nuts supply disruption" that impacted Planters nuts.

 
 

(END) Dow Jones Newswires

February 27, 2025 17:00 ET (22:00 GMT)

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