News Highlights: Top Company News of the Day - Thursday at 3 PM ET

Dow Jones04:00
 
Building-Materials Provider Quikrete in Advanced Talks to Buy Summit 
 

Quikrete is in advanced talks to acquire Summit Materials, according to people familiar with the matter.

 
Deere Stock Is Rising. Strong Earnings Tops Weak Guidance. 
 

Farm-machinery maker Deere investors weren't fazed by an outlook that was less than what Wall Street expected.

 
Elon Musk Jabs at Billionaire Rival Jeff Bezos Over Trump 
 

The world's two richest men got into it on Musk's social-media platform X over the election.

 
Snowflake Stock Has Best Day Ever After Earnings. It May Mark the End of  the Nvidia Powered Chip Trade. 
 

Snowflake stock was rising Thursday after a strong earnings report, while Nvidia stock was in the red.

 
Northvolt Files For Chapter 11 
 

Northvolt, a major Swedish battery maker, filed for bankruptcy, seeking to restructure the debt it had taken on to pay for its rapid expansion.

 
Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue 
 

Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.

 
BJ's Wholesale Club to Raise Annual Membership Cost, Ups Guidance 
 

The bulk retailer raised its earnings guidance after announcing it would increase its annual membership fee for the first time in seven years and add more fresh food to its shelves.

 
Stop & Shop Races to Restock Shelves After 'Cybersecurity Issue' 
 

A disruption within the U.S. unit of parent company Ahold Delhaize led to shortages of produce, meat and dairy products.

 
Container Store Doesn't See Funding Deal With Beyond Closing 
 

The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.

 
French Cognac Workers Plan Strike Over Fears Bottling Business Could Move to China 
 

Workers at distilleries Maisons Hennessey, Remy Martin, Courvoisier and Martell plan to go on strike next week over fears that the industry could relocate its bottling business to China in a bid to circumvent import tariffs.

 
 

(END) Dow Jones Newswires

November 21, 2024 15:00 ET (20:00 GMT)

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