News Highlights: Top Company News of the Day
25 May 2017 - 11:30PM
Dow Jones News
Toronto-Dominion Bank's Earnings Jump 22%
TD Bank said earnings for its latest quarter jumped 22%, boosted
by volume growth in its Canadian retail business.
Signet Loses Shine as Sales Retreat, Will Sell its Credit Portfolio
Shares of Signet Jewelers Ltd. fell in premarket trading
Thursday as the jewelry store operator widely missed quarterly
earnings expectations with same-store sales falling 11.5%,
pressured by the later timing of the Mother's Day holiday.
BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Two of the world's largest asset managers are strongly
considering a public rebuke to Exxon Mobil over climate change at
the company's annual meeting next week.
Beijing's Version of Microsoft Windows 10 Tightens Security, Ditches Solitaire
Microsoft has unveiled a new Windows 10 software customized for
the Chinese government to improve security, including modifying the
program to prevent data that is typically collected from being
transmitted to other devices.
Google Goes to China, Making Play for Talent and Attention
A friendly game of Go in the picturesque city of Wuzhen has
given Google an opening to return to China's good graces, seven
years after it left the country over government censorship of its
namesake search engine and hacks of its Gmail service.
Royal Bank of Canada's Earnings Rise
Royal Bank of Canada's sales and profit topped expectations in
the first quarter, led by gains in fee-based businesses.
China's Lenovo Reboots After Losing PC Crown to HP
China's Lenovo Group is shaking up its operations as it seeks to
reclaim the title of global leader in personal computers and shore
up its smartphone business.
Lawmakers Seek Deutsche Bank Details on Russia Trades, Trump Loans
Democratic lawmakers have asked Deutsche Bank to provide details
about its internal reviews into Russian trades and clients, as well
as loans made to President Donald Trump, according to a letter made
public on Wednesday.
J.Crew's Mickey Drexler Confesses: I Underestimated How Tech Would Upend Retail
The retail legend didn't understand how speed and price would
drive internet shoppers. After 10 quarters of falling sales, the
brand wants to create a more accessible image and add digital
marketing.
Ford's Exiting CEO to Get Part of Bonus, Promised Stock Awards
Ford will pay outgoing Chief Executive Mark Fields a sizable
portion of a promised bonus for 2017, all of the promised stock
awards for the year and temporary use of company aircraft as part
of an exit package outlined Wednesday.
(END) Dow Jones Newswires
May 25, 2017 09:15 ET (13:15 GMT)
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