News Highlights: Top Company News of the Day
April 23 2017 - 9:15PM
Dow Jones News
Becton Dickinson to Buy C.R. Bard for $24 Billion
Becton, Dickinson and Co. said on Sunday that it would acquire
C. R. Bard Inc. for $24 billion in the latest merger of
medical-supplies manufacturers.
Wells Fargo Directors Face Uncertain Prospects
Uncertainty hangs over the re-election prospects of several
Wells Fargo directors at Tuesday's annual shareholder meeting,
according to people familiar with the matter.
Semiconductor Gear: Still Some Chips to Play
A big shift in flash memory production will drive further gains
for Lam Research and Applied Materials.
Against All Odds, the U.S. Tobacco Industry Is Rolling in Money
Profits are booming for cigarette companies, despite government
regulation, huge legal settlements and a decline in smoking rates.
The secret: A consolidated industry has been able to boost the
price per pack dramatically.
A Moment of Truth for Alcoa-Arconic Split
Alcoa's and Arconic's big gains following last year's split will
be put to the test when both report earnings this week.
American Airlines Flight Attendant Suspended After Altercation
A flight attendant for American Airlines was suspended after a
video was posted on social media showing him in a heated argument
with a passenger who was protesting the way the crew member had
treated another customer.
Novartis Tests New Alzheimer's Drugs on People Who Don't Have the Disease
Subjects at high risk of developing Alzheimer's-but who don't
actually have the disease-are being recruited to help test two
experimental treatments from Novartis AG, in a new focus on
preventive treatment.
Theranos Misled Directors, Ran Fake Tests, Filings Allege
An investor said in newly unsealed court filings that Theranos
used a shell company to buy commercial-lab equipment, then
pretended it was using its own technology in demonstrations for
prospective partners and investors.
Trump Administration Won't Waive Sanctions for Oil Project Exxon Planned in Russia
President Trump has rejected a bid by oil company Exxon Mobil to
resume a Black Sea venture with Rosneft, a sanctioned Russian firm
close to the Kremlin.
United Says CEO Won't Take Chairmanship
United Continental moved to further stem fallout from the
incident in which police dragged off a paying passenger from one of
its flights, saying its chief executive Oscar Munoz will no longer
be taking on the chairman role and that it will revamp executive
compensation incentives.
(END) Dow Jones Newswires
April 23, 2017 21:00 ET (01:00 GMT)
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