News Highlights: Top Company News of the Day
12 July 2018 - 9:15AM
Dow Jones News
Comcast Raises Sky Offer After Fox Sweetened Its Bid
The battle for control of European pay-TV giant Sky is coming to
a head and could affect the broader fight between Comcast and
Disney to acquire most of 21st Century Fox's entertainment
assets.
Broadcom Nears Deal to Buy CA Technologies for About $18 Billion
Broadcom is nearing a deal to buy software company CA
Technologies for more than $18 billion, a surprise move that would
take the chip-making giant in a new direction.
ZTE Poised to Resume Business With U.S. Suppliers
Chinese telecom ZTE was poised to resume business with its U.S.
suppliers as the last major hurdle of the deal President Trump made
to save the firm had been cleared.
Twitter Follower Numbers to Drop as It Removed Locked Accounts
Twitter is subtracting some accounts it has flagged for
suspicious activity from the follower numbers of its users, part of
the social-media company's efforts to clamp down on abusive
activity.
Facebook Gives Researchers 'Full Access' for Election Studies
Facebook will give a group of academics "full access" to data on
its 2.2 billion users to identify areas of research about the
effects of social media on elections and democracy
Papa John's Founder Fumbles the Ball Again
Papa John's needs to distance itself from its controversial
former CEO and largest shareholder.
Cedar Fair Reports Slower-Than-Expected Start to Key Season
Theme-part operator says revenue and guest visits are down from
the start of the year through July 8, a period representing about
40% of its total operating days for 2018.
NYSE Opposes Trading-Fee Review, Pitting Companies Against Some Shareholders
The New York Stock Exchange's opposition to a regulatory review
of trading fees has put listed companies including Apache,
Halliburton and Home Depot at odds with some of their biggest
shareholders.
Guggenheim Agrees to Buy Millstein & Co.
Guggenheim Partners has agreed to buy Millstein & Co., the
advisory firm led by famed restructuring banker Jim Millstein,
people familiar with the matter said.
Morgan Stanley Brokerage Executive Departs
A Morgan Stanley executive overseeing brokers who catered to
celebrities left the firm this week after several employees claimed
harassment at branches he managed in Los Angeles.
(END) Dow Jones Newswires
July 11, 2018 19:00 ET (23:00 GMT)
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