News Highlights: Top Company News of the Day - Monday at 11 PM ET
09 January 2024 - 3:30PM
Dow Jones News
Tinder Owner Match Draws Elliott Investment
The activist has a roughly $1 billion stake and intends to meet
with Match to discuss ways to improve the online dating company's
performance.
Samsung Forecasts Weaker Fourth-Quarter Operating Profit
The South Korean tech giant expects fourth-quarter operating
profit to fall 35%, missing market expectations and dampening hopes
for an earnings recovery led by its semiconductor business.
Hewlett Packard Enterprise Near Deal to Buy Juniper Networks
The deal could be unveiled this week, valuing Juniper at roughly
$13 billion.
China Tourism Group Duty Free Shares Rise on Strong Earnings
Shares of China Tourism Group Duty Free jumped on strong
preliminary 2023 earnings, as growth in international travel gains
momentum after China's postpandemic reopening.
Unity Slashes Another 25% of Its Workforce
The move comes after an uproar over new fees in September that
angered customers.
Walgreens to Pay Humana $360 Million to Settle Drug-Pricing Dispute
Walgreens Boots Alliance has agreed to pay $360 million to
insurance company Humana to settle a lawsuit alleging the
retail-pharmacy chain overcharged for prescription-drug
reimbursements.
JetBlue CEO to Step Down as Airline Awaits Judge's Ruling on Spirit Airlines Merger
"Extraordinary challenges and pressure of this job have taken
their toll, " said CEO Robin Hayes.
United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets
The airlines are inspecting the aircraft grounded by Federal
Aviation Administration after a door-plug blowout on an Alaska
Airlines flight.
Amazon Is Going 'Super Aggressive' on Generative AI
Chief Security Officer Stephen Schmidt says Amazon cyber teams
use generative AI to increase productivity-with caveats
Novartis in Advanced Talks to Buy Cytokinetics
A deal for Cytokinetics would be the latest in a flurry of
merger activity involving pharmaceutical giants snapping up
biotechnology companies.
(END) Dow Jones Newswires
January 08, 2024 23:15 ET (04:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.