News Highlights: Top Company News of the Day
July 15 2019 - 3:30PM
Dow Jones News
The Amazon Prime Day Deal That Walmart and Target Can't Match
The Prime Day event is another way to tighten Amazon's grip on
shoppers by getting them to enroll in its Prime membership program,
which adds an important revenue stream and loyal customers.
Facebook Says Libra Cryptocurrency to Be Regulated by Swiss Authorities
Facebook said its Libra cryptocurrency will be regulated by
Switzerland's financial watchdog, adding the digital money would
never compete with national currencies or undermine the role of
central banks.
Blackstone Close to Deal to Buy CRH Division
Global buyout firm Blackstone Group Inc. is in advanced talks to
buy the European distribution arm of CRH PLC, one of the world's
largest building-materials suppliers, according to people familiar
with the matter.
Unilever Uses Virtual Factories to Tune Up Its Supply Chain
The consumer-goods company is building virtual versions of its
factories, using data streaming from sensor-equipped machines to
create digital models that can track physical conditions and enable
testing of operational changes.
Charles Schwab in Talks to Buy USAA Wealth-Management, Brokerage Units
Charles Schwab is in talks to buy brokerage and
wealth-management operations from USAA for roughly $2 billion, a
move that would push the discount-brokerage pioneer further into
financial advice.
Nomura Securities to Repay Customers $25 Million
Nomura Securities agreed to pay customers $25 million after the
SEC said bond traders at the investment bank inflated its profit in
the sale of commercial and residential mortgage-backed
securities.
Bloomberg Terminals to Get Broad Access to Dow Jones News
Bloomberg terminal subscribers will get broad access to Dow
Jones news content beginning Monday.
Citigroup Reports Higher Earnings as Bank Results Kick Off
Citigroup reported that profit increased 7% and beat analysts'
expectations as the New York lending giant benefited from favorable
conditions in the U.S. economy.
VW Develops CO2-Saving Gearbox Amid Looming Regulations
Volkswagen has developed a gearbox that it says will help reduce
carbon dioxide emissions as European automakers face looming
regulations.
Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock
Callon Petroleum has said it would buy Carrizo Oil & Gas
Inc. for $1.2 billion in stock as the oil company seeks to build
scale in key production areas in Texas, including in the Permian
Basin and Eagle Ford shale production areas.
(END) Dow Jones Newswires
July 15, 2019 15:15 ET (19:15 GMT)
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