News Highlights: Top Equities Stories Of The Day
August 30 2016 - 8:24AM
Dow Jones News
EU Demands Apple Repay $14.5 Billion in Irish Tax Breaks
The European Union's antitrust regulator demanded that Ireland
recoup roughly $14.5 billion in taxes from Apple for what the
agency said was uncollected taxes over several years.
Mondelez Walks Away After Hershey Spurns Raised Bid
Mondelez ended its bid to acquire Hershey after the famed
chocolate-bar maker rebuffed a new takeover offer and indicated it
would be difficult to strike a deal before next year.
Scotiabank Boosts Dividend as Revenue and Profit Rise
Bank of Nova Scotia reported earnings and profit growth that
came in above analysts' expectations in its latest quarter. The
Canadian bank also raised its quarterly dividend.
Abercrombie & Fitch Reports Drop in Quarterly Sales
Abercrombie & Fitch posted a decline in quarterly sales and
gave a more cautious outlook for the year, as the apparel retailer
struggled to attract shoppers to its mall-based outlets.
KKR to Buy Call-Center Software Maker Calabrio
KKR & Co. said it would buy call-center software maker
Calabrio, a bet that high-tech customer-interaction tools will give
some businesses an edge.
Hanjin Shipping Moves Closer to Bankruptcy
Hanjin Shipping's creditors said they would no longer give the
South Korean company financial support, pushing it close to
bankruptcy.
EU Scrutinizes WhatsApp Data-Sharing Plan
European privacy regulators are investigating messaging service
WhatsApp's plan to share user information including phone numbers
with its parent, Facebook Inc., adding to pressure on both sides of
the Atlantic over the social media firm's privacy practices.
(END) Dow Jones Newswires
August 30, 2016 08:09 ET (12:09 GMT)
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