Post Holdings Plans IPO for Nutrition Unit

The transaction that involves PowerBar and Joint Juice brands is expected to be completed in the second half of fiscal year 2019.

 
Inventory Reduction Push at J.C. Penney Thins Margins

The struggling retail chain has been liquidating merchandise as it winnows its product assortment to focus on the most profitable brands and categories. Although Penney is making progress on that goal, efforts to clear the sales floor have also thinned margins.

 
Firm Tied to Cryptocurrency Entrepreneur Faces SEC Investigation

The SEC is investigating a company's cryptocurrency sale, an executive with the firm said, and people familiar with the probe said it includes looking at whether a prominent bitcoin entrepreneur broke the law by getting involved with the company's fundraising.

 
Cryptocurrency Hangover Weighs on Nvidia

Nvidia shares tumbled 18% after the chip maker projected declining revenue for the current quarter as it works through excess inventory left over from the cryptocurrency boom.

 
MoviePass Sheds Subscribers as Troubles Mount

MoviePass experienced a significant decline in subscribers in the third quarter, the latest sign of trouble for majority owner Helios & Matheson Analytics.

 
Facebook Says Criticism of Its Russia Response Is 'Unfair'

Mark Zuckerberg and the Facebook board took issue with a report suggesting the social-media giant deliberately played down the impact of Russian interference on the platform.

 
Nvidia's Game Isn't Over

A cryptocurrencies overhang still stings, but Nvidia's data-center business remains strong.

 
David's Bridal Reaches Restructuring Deal With Lenders

Wedding gown retailer David's Bridal has reached a restructuring deal with its lenders ahead of an expected bankruptcy filing.

 
Sears Gets Court Approval to Sell Stores

Sears won court approval to pursue a sale of its best stores, a process that would be the retailer's only hope of avoiding liquidation.

 
Apple Partners With Movie Studio A24 to Make Feature-Length Films

Apple will begin making independent, feature-length films through a multiyear partnership with the Oscar-winning studio A24, broadening the iPhone maker's push into original content beyond TV programming and into movies.

(END) Dow Jones Newswires

November 15, 2018 21:00 ET (02:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.