News Highlights: Top Company News of the Day
August 22 2017 - 1:30PM
Dow Jones News
Bayer, Monsanto's Megadeal Faces Closer EU Scrutiny
Bayer's $57 billion acquisition of Monsanto will undergo an
in-depth investigation by the EU on concerns that it could hurt
farmers, throwing into doubt plans to complete the tie-up by the
end of the year.
Wal-Mart Nears a Pilot Deal to Offer Customers Installment Loans
Affirm is in talks to offer installment loans to Wal-Mart
customers, the latest sign of intensifying competition facing
credit-card providers such as Synchrony.
H&R Block Names Former Uber Exec Jones CEO
H&R Block has tapped former Uber and Target executive
Jeffrey Jones to revamp the 62-year-old tax preparer.
Ford Plans Joint Venture to Make Electric Cars in China
Ford Motor will start a new company to make electric cars in
China, as the world's largest auto market begins to shift
decisively away from gasoline-powered vehicles.
Elliott Notches Win as BHP Eyes Sale of U.S. Shale Assets
Activist investors scored a victory after BHP Billiton said it
was looking to sell its onshore U.S. oil-and-gas operations.
DSW Shares Jump on Sales Beat
DSW Inc. shares rose 20% in trading Tuesday as the company
posted same-store sales growth for the first time in six
quarters.
Captrust to Acquire Smaller Investment Advisory Rival
One of the country's largest investment advisory firms is
acquiring a namesake firm from which it split two decades ago, a
move that comes as the industry consolidates to combat an aging
workforce and rising compliance costs.
Chinese Rival's Success With Volvo Sets Path for Great Wall's Pursuit of Jeep
The successful 2010 acquisition of Volvo by Geely, a
then-little-known Chinese auto company, has helped fuel the
ambitions of Great Wall, which has expressed interest in buying
Jeep from Fiat Chrysler.
Neuberger Berman Arm Backs Energy Capital in New Power Play
Dyal Capital Partners bought the equivalent of less than 20% of
Energy Capital Partners in a deal that is below $500 million, said
people familiar with the matter.
NFL, Tencent Aiming for China's Smartphone Screens
Pro football may rule big-screen TVs in the U.S., but it's the
small screens of smartphones where the National Football League
hopes to make its play in China.
(END) Dow Jones Newswires
August 22, 2017 13:15 ET (17:15 GMT)
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