News Highlights: Top Company News of the Day
17 November 2018 - 5:30AM
Dow Jones News
Vivendi Rides Spotify's Coattails
Spotify has resurrected the music industry but Vivendi's
shareholders may be the biggest winners.
PG&E Shares Surge on Hopes of State Support
Shares of PG&E opened sharply higher on investor hopes that
California officials would move to rescue the utility from
wildfire-related liabilities that threaten to plunge it into
bankruptcy.
Viacom Expects 2019 Revenue Growth
Viacom expects fiscal 2019 revenue to grow as it continues to
work on improving media operations.
Companies Start to Sweat Prospect of No-Deal Brexit as Deadline Looms
With Prime Minister Theresa May's government in turmoil over the
terms of a Brexit agreement, the prospect of "no deal" is getting
real-spooking companies big and small, including some far from
Britain's shores.
Judge Grants CNN's Motion to Restore Jim Acosta's White House Press Pass
A federal judge granted an emergency motion to restore the White
House press credential of CNN correspondent Jim Acosta-a victory
for the network in a closely watched press-freedom case.
Telecom Italia Tug-of-War Explained
Telecom Italia's main shareholder Vivendi and activist investor
Elliott Management have been exchanging blows in a battle for
influence at the telecommunications company. Dow Jones explains
what's at stake.
Crashed Lion Air Plane's Missing Black Box Goes Silent
Investigators searching for a black box of a crashed Lion Air
jet believe its locator beacon is broken and are preparing new
equipment to visually scour the muddy floor of the Java Sea.
Southwest Air Replaced Flight-Control Sensors of the Kind Implicated in Lion Air Crash
During the three weeks before Lion Air Flight 610 plunged into
waters off Indonesia, Southwest Airlines replaced two
malfunctioning flight-control sensors of the same type that has
been publicly implicated in the crash, according to a summary of
Southwest maintenance records reviewed by The Wall Street
Journal.
Luxury Deals Will Be Made in Italy
Following Michael Kors's purchase of Versace, Italy's other
independent brands look the most likely merger and acquisition
targets.
Post Holdings Plans IPO for Nutrition Unit
The transaction that involves PowerBar and Joint Juice brands is
expected to be completed in the second half of fiscal year
2019.
(END) Dow Jones Newswires
November 16, 2018 13:15 ET (18:15 GMT)
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