News Highlights: Top Company News of the Day
November 22 2017 - 5:15PM
Dow Jones News
Carl Icahn Buys Stake in SandRidge Energy
Carl Icahn has purchased a 13.5% stake in SandRidge Energy Inc.,
joining a list of shareholders who say a deal the oil-and-gas
producer struck last week for Bonanza Creek Energy Inc. makes
little sense.
Uber Breach and Response Draw Global Regulatory Scrutiny
Government officials world-wide said they would look at Uber
Technologies Inc.'s handling of a major data breach last year.
Four U.S. Citizens Are Among Those Venezuela Detained for Alleged Graft at Citgo
Four of the six Citgo Petroleum executives arrested in Caracas
Tuesday for alleged corruption are U.S. citizens, a company
official said Wednesday.
Facebook Plans to Let Users Know if They Followed Russian Pages
Facebook plans to tell millions of users who liked or followed
any of the 290 Facebook and Instagram pages created by Russian
actors that they were ensnared in an alleged misinformation
campaign around the U.S. presidential election last year.
Exxon, Shell, BP Join Forces to Cut Emissions From Natural Gas
Exxon Mobil Corp. has joined with seven other big energy
companies to reduce pollution from natural gas production, an
effort by the industry to present itself as part of the solution as
governments and consumers demand more environmentally friendly
energy.
P&G Says Still Reviewing Razor-Thin Proxy Vote
Procter & Gamble said it is continuing to review the
official tally of the hotly contested proxy contest with activist
Nelson Peltz but hasn't decided whether to formally challenge the
results, which showed the company lost by a thin margin.
Deere Earnings Helped by Equipment Demand
Deere & Co. easily beat quarterly sales and profit
expectations and predicted continued improvement in sales of its
agricultural machinery next year.
Rockwell Automation Rejects New Offer From Emerson
Rockwell Automation rejected a third takeover offer from Emerson
Electric, saying the unsolicited proposal undervalued the company
and that Rockwell is better off on its own.
A Broadcom-Qualcomm Deal Would Face a Regulatory Minefield
Broadcom's $105 billion gambit to acquire Qualcomm faces
challenges not only in winning over shareholders but in navigating
a host of potential roadblocks from regulators.
China Tries to Damp Microloan Explosion
In its latest attempt to restrain the fast-evolving fintech
sector, Beijing directed local governments to stop licensing
providers of online microloans and to prohibit their operating
outside the province where they are registered.
(END) Dow Jones Newswires
November 22, 2017 17:00 ET (22:00 GMT)
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