News Highlights: Top Equities Stories Of The Day
July 26 2016 - 3:21AM
Dow Jones News
BP Posts Loss of $2.25 Billion
BP reported a second-quarter loss because of a
multibillion-dollar charge relating to its 2010 Gulf of Mexico rig
blowout and oil spill.
AB InBev Raises Offer for SABMiller
Anheuser-Busch InBev raised its offer for rival brewer
SABMiller, following a fall in the value of the British pound after
the U.K. voted to leave the European Union.
BT network arm should have separate structure, says U.K. regulator
Ofcom called for BT's network business to become a distinct
company with its own board, but stopped short of calling for a full
separation.
Orange Gets Profit Boost From EE Sale
France's largest telecoms company, Orange reported a sharp rise
in first-half net profit, mainly due to the sale of its U.K. joint
venture EE, which was completed in January.
Boeing Is 'Delinquent' on Payments, Says Supplier Rockwell Collins
In a rare public dustup between two of the biggest collaborators
in the aerospace industry, a major supplier to Boeing Co. said the
world's largest plane maker was behind on tens of millions dollars
in payments due at the end of last month.
Hyundai Motor's Profit Slips But Supported by Weak Won
Hyundai Motor's second-quarter net profit slipped but did better
than expected with help from the weak local currency.
(END) Dow Jones Newswires
July 26, 2016 03:06 ET (07:06 GMT)
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