News Highlights: Top Company News of the Day
April 26 2017 - 11:30PM
Dow Jones News
Samsung Says It Won't Become a Holding Company
Samsung said it won't adopt a holding-company structure, putting
an end to a monthslong corporate-governance review.
Samsung Notches Highest Quarterly Profit in Three Years
Samsung's flourishing components business helped the South
Korean tech giant notch up its highest quarterly profit in more
than three years.
PayPal Posts Increased Profit, Revenue
PayPal Holdings Inc. reported strong first-quarter revenue and
usage growth on Wednesday along with plans to buy back as much as
$5 billion worth of its own stock.
Procter & Gamble's Claim of 'Irresistible Superiority' Baffles Analysts
Under pressure to increase its profits, the maker of laundry
detergent and grooming products used the term to describe its
strategy.
American Airlines to Raise Pay for Pilots, Flight Attendants
American Airlines Group Inc. wants to raise pay for its pilots
and flight attendants to keep up with its rivals.
HSN CEO to Take Reins at Weight Watchers
Weight Watchers International said it has hired HSN Chief
Executive Mindy Grossman, in hopes the apparel-industry veteran can
help to revive the well-known dieting business.
Raymond James Profit Falls 10% as Legal Settlement Weighs
Raymond James Financial Inc.'s profit fell 10%, missing
expectations as charges stemming from a lawsuit involving a failed
ski resort weighed on the brokerage's earnings.
Deutsche Boerse Reports Higher 1Q Profit, Announces Share Buyback
Deutsche Boerse reported a 41% rise in net profit for the first
quarter, helped by a one-time gain from a stake sale, and announced
plans to buy back shares.
Former Fox TV Chief Leads Race to Run Sony Film, TV Unit
Sony is narrowing its focus on former Fox television chief Tony
Vinciquerra as the next head of its film and television studio,
people with knowledge of the talks said.
U.S. Steel Posts Surprise Loss, Plans Mill Upgrades
United States Steel Corp. shares plunged Wednesday on a surprise
quarterly loss and plans to overhaul mills at the expense of profit
this year.
(END) Dow Jones Newswires
April 26, 2017 23:15 ET (03:15 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.