News Highlights: Top Company News of the Day
October 18 2017 - 1:30PM
Dow Jones News
Anthem to Launch Its Own Pharmacy-Benefit Manager
Anthem plans to launch its own pharmacy-benefit manager,
serviced by CVS Health, in 2020 after the conclusion of its
contract with Express Scripts.
Hochtief Launches $22 Billion Bid for Spain's Abertis
Germany's Hochtief made a $21.9 billion offer to buy Abertis,
gatecrashing an effort by Italy's Atlantia to acquire the Spanish
toll-road operator.
Ford Door-Latch Issues Expand to Trucks
Ford continues to be plagued by faulty vehicle-door latches as
the auto maker expanded the lineup of affected models for the
second time this year.
Delta Expects to Buy U.S.-Built CSeries Jets
Delta said it plans to take Bombardier new CSeries jetliners
built at an Airbus facility in Alabama, though didn't provide a
timeline for the first delivery.
AIG Signs Deal With United Airlines for Travel Insurance
American International Group said it reached an agreement with
United Airlines to offer travel insurance to the airline's
customers.
U.S. Bank Profit Shoots Higher, But Questions Linger on Loan Growth
U.S. Bancorp, the biggest so-called regional bank in the U.S.,
said its third-quarter profit rose to a record level, but analysts
raised questions about future loan growth.
Verizon Earnings: What to Watch
Verizon Communications is scheduled to report third-quarter
results before the market opens Thursday. Here's what you need to
know.
Mann With Plan Leads Recovery Hopes at Mitsubishi Motors
Mitsubishi Motors is plowing billions of dollars into its global
operations, as it looks to spark growth after years of lackluster
performance and a fuel-economy scandal.
Rio Tinto Faces Reckoning Over Africa Bets
A U.S. lawsuit alleging Rio Tinto misled investors about the
value of its assets in Mozambique is the second serious regulatory
problem in less than a year to rock the mining giant over its
forays in Africa.
Energy Producer Founded by Aubrey McClendon Aims for IPO
Ascent Resources, the Appalachian oil-and-gas explorer founded
by late oilman Aubrey McClendon and two big energy-investment
firms, is preparing for an initial public offering or a sale,
according to people familiar with the matter.
(END) Dow Jones Newswires
October 18, 2017 13:15 ET (17:15 GMT)
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