News Highlights: Top Company News of the Day
24 January 2017 - 5:30AM
Dow Jones News
Federal Judge Blocks Aetna-Humana Merger on Antitrust Grounds
A federal judge Monday blocked the proposed merger of health
insurers Aetna and Humana on antitrust grounds, a potentially fatal
legal blow to the $34 billion deal.
McDonald's Same-Store Sales Soft in U.S., but Still Strong Globally
McDonald's reported soft same-store sales in the U.S. amid a
leveling-off in enthusiasm over its all-day breakfast options,
though world-wide sales were still higher than expected.
Sprint to Buy 33% of Jay Z's Tidal Music Service
Sprint Corp. will buy one-third of Tidal, the streaming-music
service run by rap mogul Jay Z, the latest content deal secured by
a network provider.
Halliburton Posts a Loss but Points to Positive North American Energy Market
Halliburton Co. posted a loss and said revenue fell in its
fourth quarter, though the oil-field-services company said the
market in North America was on the upswing.
AMC to Buy Nordic Cinema
Theater operator AMC Entertainment has reached a deal to buy
Stockholm-based Nordic Cinema for $929 million, the latest move by
AMC to broaden its reach in the U.S. and Europe.
United Tech Glitch Caused a Dozen Cancellations and 250 Delays
United Continental, which grounded its domestic fleet for two
and half hours Sunday due to a problem with the technology that
sends pilots in the cockpit messages they need to start a flight,
said the problem was fixed Sunday night.
Auto Industry's No. 1 Preoccupation: Trump
New president's tweets put Big Three car makers on the defensive
about their commitment to U.S. jobs and investment. Their response
shows the extent to which companies are factoring Mr. Trump's
criticism into their decision-making.
Yahoo Earnings: What to Watch
Yahoo Inc. is scheduled to announce its fourth-quarter earnings
after the market closes Monday. Investors are waiting to see how
the latest hacking disclosure will affect Yahoo's user trends.
Trump's Attacks on Outsourcing Put Companies on Guard
Leaders of companies with production and IT operations in
countries like India, China and the Philippines worry they will
come under scrutiny from Donald Trump, and some are exploring
alternatives.
Foxconn Considers $7 Billion Investment to Build U.S. Factory
Foxconn founder Terry Gou says the Taiwan company is looking for
incentives to build a flat-panel screen factory in the U.S.
(END) Dow Jones Newswires
January 23, 2017 13:15 ET (18:15 GMT)
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