News Highlights: Top Company News of the Day
22 August 2019 - 5:30PM
Dow Jones News
Splunk to Buy Cloud-Monitoring Software Maker SignalFx for $1.05 Billion
Splunk reached a $1.05 billion deal to buy cloud-monitoring
startup SignalFx, a deal that would strengthen the cybersecurity
and data-analytics firm's offerings.
Simply Good Foods to Buy Protein-Food Producer for $1 Billion
Simply Good Foods Co., the maker of Atkins-branded food
products, is buying a privately held food company for $1
billion.
Alibaba Puts Hong Kong Listing on Hold as Protests Roil City
Alibaba has postponed plans for a multibillion-dollar share
listing in Hong Kong, as protests now in their third month exact a
deepening economic cost.
Shell Secures Deal to Buy Australia's ERM Power
Royal Dutch Shell has secured a deal to buy one of Australia's
biggest electricity providers ERM Power valuing its equity at about
$418.4 million.
Amazon Seeks New Local Vendors in Israel as It Eyes Expansion
Amazon is looking for additional vendors in Israel to bolster
its service in the country, a move that comes as the e-commerce
company prepares to launch a local-language website to tap the
fast-growing Middle East market.
Sales, Profit Fall Again At Nordstrom
Seattle-based Nordstrom has now recorded three consecutive
year-over-year declines in revenue.
Victoria's Secret Sales Fall 7%
L Brands Inc.'s revenue fell in its latest quarter as sales at
the retailer's embattled flagship Victoria's Secret chain declined
further.
Hologic CIO Plans Standardization Drive
The new chief information officer of medical-technology company
Hologic is working to standardize business practices and
technologies that have been cobbled together during years of
acquisitions.
Aflac Shares Fall on Affiliation With Japan Post
Insurer Aflac shares slid on news reports that a scandal at
Japan Post Holdings Co. included improper sales of Aflac
products.
Trump, California Showdown on Fuel-Economy Rules Divides Auto Makers
Major car makers are caught in the crossfire between the Trump
administration and California over U.S. tailpipe-emissions rules,
leading them down different paths in how to respond to the
standoff.
(END) Dow Jones Newswires
August 22, 2019 03:15 ET (07:15 GMT)
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