Global Oil Industry Prepares for a Revival

Oil producers are ordering more equipment and lining up drilling rigs for later this year, according to top industry executives, indications that international activity is picking up.

 
Facebook Suspends Analytics Firm on Concerns About Sharing of Public User-Data

Facebook said it was suspending analytics firm Crimson Hexagon while it investigates whether the firm's government contracts violate Facebook policies.

 
U.S. Censures UBS Over Its Anti-Money Laundering Systems

UBS Group AG was censured by a U.S. regulator for "systemic deficiencies" in anti-money-laundering systems at its branches in New York, Connecticut, and Florida.

 
GE's Profit Falls as Power Division Remains a Drag

General Electric's second-quarter profit dropped 30% as the company's power division continued to offset growth in other major units.

 
Honeywell Increases Sales Guidance Despite Posting Lower Profit

Honeywell raised its financial guidance for the year as sales rose in its latest quarter, even as profit fell.

 
Skechers Shares Fall Amid Higher Costs

Shares at the footwear company fell 21% Friday following a disappointing second-quarter earnings report.

 
Deutsche Bank to Pay Nearly $75 Million Over Mishandling ADRs

Deutsche Bank will pay nearly $75 million to resolve accusations that it improperly handled securities in the sizable market for American depositary receipts, allowing for inappropriate short-selling and profiting around dividend payouts, U.S. regulators said.

 
Bayer to Stop Selling Essure in U.S.

Bayer AG will stop selling its Essure birth-control device in the U.S. after this year due to declining sales, the company said Friday.

 
Esterline Technologies Exploring Potential Sale

Aerospace-parts maker Esterline Technologies Corp. is exploring a potential sale, according to people familiar with the matter.

 
Cushman Testing Aging Real Estate Bull Market With Big IPO

Cushman & Wakefield aims to raise about $750 million from an initial public offering that would value the firm at around $6 billion, including debt.

(END) Dow Jones Newswires

July 20, 2018 19:15 ET (23:15 GMT)

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