News Highlights: Top Company News of the Day
February 09 2017 - 11:15PM
Dow Jones News
Caterpillar Chairman Doesn't Expect a Trade War
Caterpillar Chairman Doug Oberhelman is concerned about a
potential trade war under President Donald Trump's administration,
but is confident such a conflict won't erupt in the end.
Former Chairman's Account Is Latest Plot Twist in VW Emissions Scandal
Volkswagen's former chairman has told prosecutors that senior
executives and directors were aware of the company's emissions
cheating months before it was disclosed by U.S. authorities,
raising questions about the car maker's official narrative of the
scandal.
Cameco Earnings Hurt by Continuing Slump in Uranium Prices
Cameco reported lower-than-expected fourth-quarter earnings late
Thursday as a continuing slump in uranium prices weighed on the
company's revenue.
PJT Rallies on Post-Blackstone Results
PJT Partners Inc.'s stock hit an all-time high Thursday as Wall
Street digested results from the financial adviser's first year as
an independent entity following its separation from Blackstone
Group LP.
Tech Industry Applauds Court Ruling on Immigration Order
The appeals court decision to uphold the nationwide halt on the
president's immigration order delivers a victory to hundreds of
companies that have opposed the order and could empower them to
keep fighting the Trump administration.
Morgan Stanley Exploring Move to Manhattan's West Side
Morgan Stanley is exploring a move to Hudson Yards, the vast
development going up on Manhattan's West Side, according to people
familiar with the matter.
Agrium's Profit Drops Amid Slump in Fertilizer Market
Fertilizer firm Agrium Inc.'s quarterly profit dropped sharply
on lower nutrient prices.
Retailers Are Caught in Political Fights Over Trump
Retailers and big brands are increasingly getting pulled into
partisan fights involving President Donald Trump, as a deeply
divided nation seeks to punish those that don't agree with their
political views.
News Corp Revenue Declines 2%
News Corp's revenue fell slightly in the December quarter amid a
weak ad market and currency fluctuations, but its digital real
estate and book publishing divisions powered growth in operating
income.
Expedia Swings to Profit, Though Orbitz Drags Top Line
Expedia swung to a quarterly profit, thought revenue decelerated
from previous quarters, partly dragged by Orbitz
(END) Dow Jones Newswires
February 09, 2017 23:00 ET (04:00 GMT)
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