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

AT&T to Sell Rest of DirecTV to TPG 
 

The telecom giant has struck a deal to transfer its 70% share of DirecTV to the private-equity firm.

 
Rightmove Rejects REA's Latest $8.3 Billion Offer 
 

Rightmove rejected News Corp-controlled REA Group's fourth proposal and called on the company to put forward its best and final offer ahead of Monday's deadline.

 
Morgan Stanley Raises $750 Million for 1GT Climate Fund 
 

The climate-focused private-equity strategy seeks to help reduce one gigaton of carbon emissions by 2050.

 
Stellantis Cuts Profit, Cash Flow Forecasts 
 

Stellantis cut its full-year profit guidance and said it expected cash outflows of EUR10 billion, becoming the latest European automaker to warn on the increasingly tough car market.

 
Glenview Capital Plans Push for Changes at CVS 
 

The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.

 
OpenAI's Complex Path to Becoming a For-Profit Company 
 

Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.

 
NIO Shares Jump After Unit Secures $1.9 Billion Investment 
 

NIO's shares in Singapore and Hong Kong surged after a unit of the Chinese electric vehicle maker secured a capital injection.

 
Boeing, Union Stall on Strike Talks. Pensions Are a Problem. 
 

Boeing's 2024 labor strike continues as the company and a key union didn't make any progress negotiating on Friday. Retirement benefits are a sticking point.

 
Tesla's Delivery Numbers Are Due. Wall Street Has Taken All the Fun Out of It. 
 

Wall Street's obsession for uncovering any shred of data that might give it an edge in predicting outcomes has made Tesla's quarterly delivery report a little less exciting over time.

 
Nike is getting a new CEO. Will its earnings shed light on the path forward? 
 

After a months-long consumer flight from new sneakers and new clothing, Nike Inc. is bringing in a new chief executive. Investors liked the news. But analysts say there's still lots of work ahead for the company.

(END) Dow Jones Newswires

September 30, 2024 07:15 ET (11:15 GMT)

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