News Highlights: Top Company News of the Day
June 28 2017 - 11:16PM
Dow Jones News
Google Must Remove a Search Result Globally, Canada Court Rules
Canada's top court ruled that Google can be forced to remove
search results globally, adding to the constraints governments and
courts are exerting over tech giants as those companies' influence
grows.
Blue Apron Serves Up an Insipid Offering
The meal-kit delivery service priced its initial public offering
at the bottom of a target price range that was revised downward, at
$10 a share.
Anthem Pulling Back on Offering ACA Plans in Nevada
Anthem said it would stop selling Affordable Care Act
marketplace plans in most of Nevada next year. The move together
with the departure of a smaller insurer leaves 14 of the state's
counties poised to have no insurer on its exchange.
Sarepta Taps Chase Pharmaceuticals Chief as Next CEO
Biopharmaceutical developer Sarepta Therapeutics Inc. named a
company outsider as its new chief executive, tapping Douglas Ingram
to lead the firm.
Staples in $6.9 Billion Deal With Sycamore
Private-equity firm Sycamore Partners agreed to buy Staples Inc.
for about $6.9 billion, a bold bet on a company whose sales have
been shrinking in recent years.
GulfMark to Send Repayment Plan to Creditors for Vote
The offshore-drilling services company filed for chapter 11 in
May, another victim of the decline in oil and natural gas
prices.
New AIG Chief: Let's Make a Deal
American International Group Inc.'s new chief executive Brian
Duperreault says he is open to slowing down the firm's share
buybacks and instead using the capital for acquisitions.
SEC Tells American Airlines to Rein In Praise of Its Non-GAAP Metrics
American Airlines Group Inc. removed certain "descriptive
language" from its financials at the behest of the Securities and
Exchange Commission, according to recently released
correspondence.
MetLife Closer to Spinning Off U.S. Life Insurance Business
MetLife has cleared one of the last obstacles to spinning off
most of its longtime core business of selling life insurance to
U.S. families.
J.P. Morgan Names New EMEA Tech Investment Banking Head
J.P. Morgan Chase & Co. has poached Matthew Gehl, a senior
technology banker, from Deutsche Bank to lead its technology
investment banking coverage in Europe, Middle East and Africa.
(END) Dow Jones Newswires
June 28, 2017 23:01 ET (03:01 GMT)
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