News Highlights: Top Company News of the Day
April 24 2017 - 7:30PM
Dow Jones News
Express Scripts Says It Will Lose Anthem in 2020
Express Scripts Holding Co. said Monday it doesn't expect Anthem
Inc., its biggest customer, to extend a pharmacy benefits
management agreement slated to expire at the end of 2019.
PPG Raises Bid for Akzo Nobel to $26.4 Billion
Paints giant PPG raised its offer for Dutch rival Akzo Nobel to
$26.4 billion, the U.S. firm's third takeover attempt in a
two-month long, unsolicited courtship.
MetLife Asks Court to Delay Ruling on Its 'Systemically Important' Label
MetLife Inc. on Monday asked an appeals court to delay ruling on
a case involving federal oversight of the company pending a review
by the Trump administration of the Financial Stability Oversight
Council.
Fed, FDIC Say Wells Fargo 'Remediated Deficiencies' in 2015 Living Will
The Federal Deposit Insurance Corp. and the Federal Reserve on
Monday said Wells Fargo & Co. is back on track for its
living-will regulatory assessment.
Hasbro Passes Mattel in Sales for First Time Since 2000
After years of trailing behind Mattel, Hasbro passed its rival
in quarterly revenue for the first time since 2000, highlighting
the diverging fortunes of the two toy makers.
Arconic Delays Annual Meeting, Considers Adding Two Elliott Directors
Arconic extended an olive branch to activist investor Elliott
Management as it seeks to end a lengthy battle for control of the
company that has turned personal and cost its top executive his
job.
Energy Firms' Financing for Russian Gas Pipeline Stokes EU Fears
European energy firms pledged to pay for half the cost of a
natural-gas link from Russia to Germany, supporting a controversial
pipeline that is fueling tensions within the European Union.
T-Mobile's Customer Growth Slows Down
Discount wireless carrier T-Mobile US Inc. continued to lure
customers away from bigger phone companies but at a slower rate
than in previous quarters.
For Aramco Insiders, Prince's $2 Trillion IPO Valuation Doesn't Add Up
Officials working on taking the state-owned oil company public
have struggled to come up with a scenario under which Saudi Aramco
is worth more than $1.5 trillion, according to people familiar with
the matter.
Apple Hires Rocket Scientists as It Tries to Catch Up in Driverless Cars
Apple's plan for testing autonomous vehicles calls for putting
senior engineers-some with NASA experience-in its cars, a move that
suggests the company's technology is still in early phases.
(END) Dow Jones Newswires
April 24, 2017 19:15 ET (23:15 GMT)
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