AT&T, Verizon Pull Ads From Google Over 'Hate' Videos

AT&T and Verizon Communications pulled much of their advertising from Google over concerns that their ads may have run alongside controversial videos, extending the financial impact of a controversy.

 
Sears Stock Stumbles After Going-Concern Warning

Sears raised doubts in a securities filing about its ability to keep operating after seven years of losses, sending the retailer's share price tumbling and spooking some of its landlords.

 
Elliott Threatens to Force Akzo Nobel to Engage With PPG

U.S. activist investor Elliott Management has emerged as a key player in a $24 billion, trans-Atlantic standoff between Akzo Nobel and PPG Industries, two of the world's oldest industrial companies.

 
Hartford Financial Ends $15 Billion Fund Fight

The Hartford Financial Services Group Inc. is withdrawing a request to replace dozens of funds available to its variable-annuity customers, ending a nearly $15 billion tussle with a fund firm that stood to lose assets.

 
Under Pressure From Trian, GE Vows to Boost Industrial Profits

General Electric promised to cut $1 billion in costs from its industrial operations this year, and to more closely tie top executives' bonuses to profits in its core industrial business.

 
Bebe Stores Hire Advisers as Retail Shakeout Continues

Bebe Stores hired financial advisers to help it explore strategic alternatives, but people close to the matter don't foresee a chapter 11 filing in the near future.

 
Nike Shares Drop After Tepid Earnings Forecast

Shares of Nike fell after the world's largest sportswear maker gave a tepid outlook for sales growth as the company faces stiff competition and a changing retail landscape.

 
Meet the CFO-Banker Who May Be Next to Run Deutsche Bank

Marcus Schenck, a chief financial officer who shepherds deals, this month landed the plum job of deputy CEO overseeing Deutsche Bank's recombined investment bank.

 
AT&T Workers Walk Off the Job in California, Nevada

Thousands of AT&T Inc. wireline technicians and call-center workers in California and Nevada walked off the job, an escalation in long-running contract negotiations with the telephone company.

 
Game Publisher Tencent Warns of Risks Even as Profit Jumps

Tencent Holdings warned it faces stiff competition in maintaining rapid growth of its core gaming and content businesses, despite notching a surge in quarterly revenue as the Chinese internet giant continues to expand abroad.

(END) Dow Jones Newswires

March 22, 2017 19:15 ET (23:15 GMT)

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