Elliott Management Turns Its Attention to Pernod Ricard

Activist hedge fund Elliott Management has built a stake in Pernod Ricard, calling on the owner of Chivas Regal whisky and Absolut vodka to improve management and make changes to jump-start growth and lagging profit margins.

 
Huawei's Meng Wanzhou Granted Bail by Canadian Judge

Huawei Technologies Co.'s finance chief must reside at Vancouver homes and adhere to curfew while awaiting a decision on her extradition to the U.S.

 
Venezuela Creditor Hires Bankers to Auction Off Citgo

One of Venezuela's creditors has rescinded a settlement agreement with President Nicolás Maduro's government and hired Moelis bankers to force a sale of Citgo, the country's prized U.S. crude refiner.

 
Tencent Music Prices Its IPO at Bottom of Range

The Chinese music-streaming company's initial public offering priced at $13 per American depositary share, capping a rocky process of going public but still marking it one of the biggest U.S.-listed debuts in recent years.

 
MiMedx Called on Two Lawmakers for Help Before Its Accounting Scandal

MiMedx Group, a maker of tissue-graft products, called on two influential lawmakers for help. Now the actions of the lawmakers could prove embarrassing for them as MiMedx faces possible collapse.

 
McDonald's to Trim Antibiotics From Its Beef

The fast-food chain said it will take two years to decide how much of the antibiotics important to human health it will be able to remove from its beef supply.

 
Hain Celestial Settles SEC Charges

The organic- and natural-products maker has settled charges brought by the U.S. Securities and Exchange Commission over its revenue-recognition practices, which led to delayed financial reports.

 
NSA Cyber Chief: Companies Are Losing Ground in the Battle to Protect  Data

Rob Joyce, a specialist at the National Security Agency, said companies' readiness for cybersecurity threats is "getting worse."

 
Vote Paves Way for Dell to Trade Publicly Again

Dell Technologies is set to begin trading on the New York Stock Exchange later this month after facing pressure from activist shareholders and sweetening a buyout offer to investors in its tracking stock.

 
Google CEO Faces Lawmakers Skeptical Over Privacy, Alleged Bias

Sundar Pichai faced tough questions in a first public appearance before House lawmakers, who are increasingly skeptical of Silicon Valley giants on issues of privacy and political bias.

(END) Dow Jones Newswires

December 12, 2018 05:00 ET (10:00 GMT)

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