News Highlights: Top Company News of the Day
25 November 2017 - 1:30AM
Dow Jones News
Black Friday Kicks Off, With Upbeat Shoppers and Fewer Discounts
Attention Black Friday shoppers: Prices may not be as low this
time around. Nevertheless, even as this year has proved one of the
most challenging for retailers, analysts are predicting robust
holiday sales.
CBS and Dish Reach Agreement, Ending Thanksgiving Blackout
Dish Network Corp. said it reached a carriage agreement with CBS
Corp. and was restoring the programmer's stations to more than 2
million subscribers impacted by a three-day blackout that lasted
through CBS's Thanksgiving Day NFL game.
Clariant Dismisses Demands of Activist Investor
Swiss chemicals company Clariant rejected many demands of its
largest shareholder in the wake of the failed $15 billion merger
with U.S.-based Huntsman, escalating a battle with activist
investors.
Mitsubishi Materials' Quality Scandal Kept Quiet for Months
Mitsubishi Materials Corp. said its subsidiary knew for months
factory workers were tampering with quality information on
airplane, car, and power-plant parts but continued to ship the
products to places, possibly including to the U.S.
Rio Tinto Isn't Tesla; It Should Hold Fire On a Lithium Bet
Lithium-battery and electric-vehicle plays are enjoying a
futuristic ride into the stratosphere. Rio Tinto shouldn't
follow-at least not yet.
On Tap: Vietnam Seeks Investors for Its Largest Brewer
The Vietnamese government has kicked off a process to find
potential investors for a large stake in state-owned Sabeco, as it
looks to strike a multibillion-dollar deal in the coming weeks.
Rio Tinto, Sinosteel Extend Iron-Ore Mining Venture
Rio Tinto again extended its long-running iron-ore mining
venture with China's state-owned Sinosteel to deliver more of the
steelmaking commodity from Australia's remote western Pilbara
region.
New Uber CEO Knew of Hack for Months
While the massive data breach at Uber Technologies Inc. didn't
happen under the watch of the new chief executive, more than two
months elapsed before he notified affected customers and drivers of
the incident, people familiar with the matter said.
'Angry Birds' Maker's Shares Dive
Shares of Rovio Entertainment, the Finnish mobile-gaming firm
that makes "Angry Birds," plunged 20% after it reported a surprise
third-quarter loss, a little more than a month after its initial
public offering.
Amazon With Pumpkin Pie? Holiday Shopping Starts on Your Phone After Dinner
Mobile phones have accelerated a fundamental change in holiday
shopping: online buying on Thanksgiving.
(END) Dow Jones Newswires
November 24, 2017 09:15 ET (14:15 GMT)
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