Dow Jones Top Company Headlines at 3 PM ET: Universal Music Shareholder Deals Blow to Bill Ackman's $65 Billion Bid | Lululemon ...

The latest Dow Jones Top Company Headlines at 3 PM ET capture a wide range of corporate moves, from Universal Music's shareholder actions to tech and consumer play. Universal Music Group shareholders dealt a blow to Bill Ackman's 65-billion-dollar bid, with Bollore Group's chief executive urging the label to reject the offer and two directors chosen by Chip Wilson set to join, as Wilson agreed to stop criticizing UMG for 18 months. Robinhood added AI-powered tools linked to trading and credit-card accounts. Samsung workers approved a pay deal with potential bonuses above 400,000 dollars, avoiding a strike. Jamie Dimon said JPMorgan could spend 20 billion dollars on deals, signaling aggressive expansion plans. Bank of Montreal, Scotiabank and National Bank of Canada lifted dividends on earnings growth. Abercrombie & Fitch faced softness in Europe and the Middle East due to the Iran War, though first-quarter sales rose. Dick's Sporting Goods posted higher quarterly sales as Foot Locker's turnaround continued. Newcleo plans to go public via a SPAC deal valuing the company at about 2.4 billion dollars, while Volvo Cars shares jumped after U.S. sales approval despite China links.