News Highlights: Top Company News of the Day
January 17 2019 - 7:30PM
Dow Jones News
JPMorgan CEO Dimon's Compensation Tops Pre-Crisis Record
JPMorgan Chase & Co. Chief Executive James Dimon received a
compensation package valued at $31 million in 2018, up 5% from
$29.5 million in 2017, according to a Thursday securities
filling.
Netflix Reports Paid Customers Rise on Strength Overseas
Netflix reported a jump in paid subscribers in the fourth
quarter, exceeding its own expectations for growth by drawing in
more customers in international markets even as domestic growth
slowed.
American Express More Than Doubles Annual Profit
American Express on Thursday reported solid financial results
for the most recent period, capping a record year.
PPG Says U.S. Attorney's Office Investigating Paint Giant's Accounting Practices
PPG Industries Inc. said it is under investigation by the U.S.
attorney's office in western Pennsylvania connected to 2017
accounting irregularities, as it also faces an activist investor's
push to break the company up.
Roche Moves Drug Safety Operation Away From U.K.
UPDATED 3:47 pm ET: Roche cited an EU law that states holders of
medicines approved through the European Medicines Agency must be
based within the EU.
China Offers Iran $3 Billion Oil-Field Deal
China's state-run energy giant is seeking to take advantage of
waivers allowed under U.S.'s Iran sanctions even as two European
nations have ended crude purchases.
Moonves to Fight CBS Decision to Deny $120 Million Severance
Leslie Moonves, the former CEO of CBS who resigned amid
accusations of sexual harassment, is challenging the company's
decision to deny him a severance package of $120 million.
MoviePass Parent Hopes to Spin Off Cinema-Subscription Business
The parent company of MoviePass wants to spin off the struggling
movie-theater subscription service and has formed a new entity that
would take possession of its shares, as a prelude to letting that
entity trade on its own.
Johnson & Johnson to Use Apple Watch App for Heart-Health Study
A new partnership between Johnson & Johnson and Apple using
an app on the Apple watch aims to detect irregular heart rhythms of
people with atrial fibrillation before life-threatening events can
occur.
Morgan Stanley Earnings Fall Short As Trading Hampers Results
Morgan Stanley's fourth-quarter profit fell short of
expectations as the Wall Street bank wrapped up an earnings season
that has been mostly solid except in securities trading.
(END) Dow Jones Newswires
January 17, 2019 19:15 ET (00:15 GMT)
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