News Highlights: Top Company News of the Day
June 20 2019 - 1:15PM
Dow Jones News
Slack Shares Jump in Trading Debut
Slack Technologies surged in its trading debut on the New York
Stock Exchange Thursday, jumping into an initial-public-offering
market that has been hot for technology companies.
Boeing Focuses on Safety, Not Sales, at Paris Air Show
Boeing arrived at the world's largest aerospace extravaganza
battling the biggest crisis in its history. It departs having
secured a crucial vote of confidence in its beleaguered 737 MAX
jetliner and the prospect of further orders on the horizon.
Apple Explores Moving Some Production Out of China
Apple is asking suppliers to study shifting final assembly of
some products out of China as trade tensions prompt the company to
diversify its supply chain.
Kroger Sales Slip Again as Grocer Looks for Traction
Sales at Kroger slipped in the company's latest quarter, as the
supermarket chain races to transform its business amid heightened
competition.
Darden Shares Still Offer Bang for the Buck
The owner of Olive Garden is still a well-oiled machine despite
a mixed earnings update for investors.
Fiat Chrysler's Elkann Keeps Family Support in Wake of Busted Merger Talks
After a deal with Renault fell through earlier this month, Fiat
Chrysler Automobiles Chairman John Elkann maintains family support
while trying to diversify the company's wealth.
UBS 'Chinese Pig' Apology Doesn't Fly
A week after a UBS economist's offhand comment about pigs in
China morphed into an online scandal, the bank is still feeling the
pain in one of its most important markets.
The Valuation Conundrum in the United Tech-Raytheon Merger
Who is getting the raw end of the merger deal between United
Technologies and Raytheon? The answer isn't as clear-cut as some
investors have argued.
Airbus, Engine Suppliers at Odds Over Plane Production
Airbus and suppliers of engines for its A320neo single-aisle
family of planes are at odds over future production needs.
Carnival Profit Drops on Higher Costs, Expenses
Carnival said profit fell roughly 20% in the second quarter due
to higher operating costs and expenses and lowered its full-year
earnings outlook.
(END) Dow Jones Newswires
June 20, 2019 13:00 ET (17:00 GMT)
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