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

Dow Jones
28 Feb
 
Videogaming's All-In Bet: Can Two Titans Lift a $58 Billion Industry? 
 

A new Nintendo Switch console and a "Grand Theft Auto" sequel spell a big year ahead for games, but there might be only a few winners.

 
This Company Gets 98% of Its Money From the U.S. Government. DOGE Is Coming for Firms Like It. 
 

The Trump administration is looking to cut federal contracts. Few companies stand as exposed as Booz Allen Hamilton.

 
Allianz Lifts Dividend, Launches Buyback After Rise in Profit 
 

The insurer proposed a dividend increase of 12% for 2024 after net profit rose in the final quarter.

 
Valeo Shares Plunge After Carmakers Cancel, Delay Orders 
 

The auto-parts supplier said its customers had canceled orders worth billions of dollars and delayed new ones in response to economic and technological uncertainty.

 
British Airways Owner IAG to Buy Back Shares After Profit Rise 
 

The group said it would buy back around $1 billion in shares after earnings were boosted by commercial and cargo demand.

 
Tesla Stock Is On Pace for Its 2nd Worst Month Ever. This Is Why. 
 

Things haven't been this bad since CEO Elon Musk bought Twitter.

 
Military-Tech Startups Vie for Billions as Hegseth Shakes Up Pentagon Spending 
 

Venture-backed companies see an opening to take business from traditional defense contractors.

 
HP to Trim Up to 2,000 More Jobs in Expanded Cost-Cutting Push 
 

The details of the layoffs came shortly after HP reported higher revenue in its fiscal first quarter, boosted by what Chief Executive Enrique Lores said was strong demand for its new technologies.

 
KPMG to Launch U.S. Law Firm Following Court Approval 
 

Arizona's Supreme Court gives the firm final clearance to set up a law practice, making KPMG the first Big Four accounting firm to do so anywhere in the U.S.

 
Dell Stock Falls After AI Server Maker Beats Earnings Estimates 
 

Dell Technologies stock rose after the company posted better-than-expected earnings late Thursday.

 
 

(END) Dow Jones Newswires

February 28, 2025 07:00 ET (12:00 GMT)

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