News Highlights: Top Company News of the Day
June 19 2019 - 7:30PM
Dow Jones News
Fed, Congress Promise Scrutiny of Facebook Cryptocurrency
The social network began to learn how Washington will check its
push into digital currencies, with leaders of the Federal Reserve
and an influential Senate committee saying they will scrutinize its
rollout.
FTC Approves UnitedHealth's $4.3 Billion Purchase of DaVita Physicians Group
The regulator requires DaVita to sell its practice serving the
Las Vegas area to a Utah firm.
Slack's Reference Price Set at $26 in Direct Listing
Slack Technologies is set to make its trading debut Thursday on
the New York Stock Exchange at a valuation of about $15.7 billion,
the second major company to go public through a so-called direct
listing.
The IPO Shortcut: A Direct Listing
How companies like Slack and Spotify can go public without a
traditional IPO.
Oracle's Revenue Beats Targets in Latest Quarter
Oracle reported stronger-than-expected sales and beat profit
targets for its latest quarter as the business-software giant's
fast-growing new businesses offset declining old ones.
Adidas Told Three Stripes Aren't Enough for a Trademark
Europe's second highest court ruled on Wednesday that the German
sportswear giant's iconic branding didn't qualify.
Suspected Iranian Oil Caught in Sanctions Trap
With U.S. sanctions on Iran bearing down, Italian oil giant Eni
rejected a cargo of crude that bore the hallmarks of Iranian
oil.
American Airlines Orders 50 Airbus Jets, in Blow to Boeing
American Airlines agreed to buy 50 long-range, single-aisle jets
from Airbus-a big order for a new plane that leaves rival Boeing
behind in a new race to dominate a potentially promising market for
midsize aircraft.
Executive Turnover Clouds Deutsche Bank's Wall Street Future
Executive turnover and banker defections are complicating
Deutsche Bank's efforts to stabilize its Wall Street presence.
Nissan, Renault Resolve Corporate Governance Dispute
Nissan and Renault have resolved a standoff over corporate
governance at the Japanese car maker, in a compromise that could
help ease one point of contention between the two alliance
partners.
(END) Dow Jones Newswires
June 19, 2019 19:15 ET (23:15 GMT)
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