News Highlights: Top Company News of the Day

Date : 13/01/2018 @ 09:30
Source : Dow Jones News

News Highlights: Top Company News of the Day

CVS to Keep Aetna in Hartford, Conn. 
 

CVS Health Corp. has decided to keep Aetna Inc. in Hartford, Conn., reversing the insurer's plan announced last year to move its corporate offices to New York City.

 
James Dimon: The Tax Law Means More Profit for JPMorgan 
 

The tax-code overhaul roiled fourth-quarter results at JPMorgan Chase & Co. and Wells Fargo & Co., but executives said benefits from lower taxes should improve their profitability as soon as this year as well as the broader economy.

 
Facebook Shares Slide As Wall Street Reacts to News Feed Overhaul 
 

Facebook Inc.'s decision to overhaul its news feed sent the social-media giant's stock sliding Friday. Wall Street analysts say the share-rout is likely to continue as investors digest the changes.

 
Fiat Chrysler Recalls Minivans to Fix Software Glitch 
 

Fiat Chrysler Automobiles issued a recall for more than 162,000 late model Chrysler Pacifica minivans to fix a software flaw that could stall out vehicles while being driven.

 
Visa to Card Customers: Lose the Signature 
 

Visa, the largest U.S. card network, is ditching the signature required for customers to make debit and credit-card purchases.

 
Fed Fines 5 Big Banks $35 Million for Foreclosure, Mortgage-Servicing Issues 
 

The Federal Reserve fined five big banks $35.1 million for issues related to financial-crisis-era mortgage servicing and foreclosures, while also moving them out of the penalty box for what it said was a "substantial improvement" in their practices.

 
T. Boone Pickens Calls It Quits on Energy Trading 
 

The Oklahoma oilman and investment manager is closing the energy-focused hedge fund he has run for the last two decades after struggles with his health and returns, saying trading no longer intrigues him as it once did.

 
How Much New Investor Cash Did BlackRock Attract in 2017? $1 Billion a Day 
 

The world's largest asset manager reached a new milestone during 2017: the equivalent of $1 billion of new client cash every day.

 
Rihanna or Serena? The Endorsement Puzzle for Women's Sportswear 
 

To market women's sportswear, industry executives have long grappled with a perennial debate: Are celebrities or sports stars more effective endorsers?

 
Supreme Court to Hear Price-Fixing Case Against Chinese Vitamin C Makers 
 

The Supreme Court said it would hear an antitrust case involving price fixing by Chinese vitamin C manufacturers, agreeing to decide whether U.S. judges must defer to legal submissions made by the Chinese government.

 
 

(END) Dow Jones Newswires

January 12, 2018 17:15 ET (22:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Your Recent History
FX
EURAUD
Euro vs Au..
FX
USDAUD
US Dollar ..
ASX
WPL
Woodside
NASDAQ
AAPL
Apple
ASX
BHP
BHP Bilito..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V:au D:20180121 10:50:35