News Highlights: Top Company News of the Day
August 22 2019 - 9:15PM
Dow Jones News
Google Disables YouTube Channels It Linked to Hong Kong Influence Operation
Google pulled 210 YouTube channels from its platform, saying
that they appeared to be part of a coordinated disinformation
campaign in response to pro-democracy protests in Hong Kong.
FDA Focuses on Novartis Delay in Reporting Drug-Test Data Manipulation
Federal regulators examining test data manipulation for a
gene-therapy drug made by Novartis AG are zeroing in on the
company's two-month delay in launching a formal inquiry, according
to documents and interviews.
Boeing Shares Rise on Hopes for 737 MAX
Shares of Boeing ascended on a signal that the aerospace giant's
troubled fleet of 737 MAX aircraft is moving toward a return to
service.
Salesforce Increases Full-Year Revenue Forecast
The business-software provider posted record results in the
latest quarter, offering positive signs for enterprise-technology
spending as some companies in recent weeks flashed warnings about
client sentiment.
Hasbro Picks Up Peppa Pig in $4 Billion Deal
Hasbro said it agreed to pay $4 billion in cash to acquire
Entertainment One Ltd., which produces content for children and
adults.
HP CEO Dion Weisler Stepping Down
HP Chief Executive Dion Weisler is stepping down as the leader
of one of the world's largest PC makers later this year for family
health reasons.
VMware to Buy Pivotal Software and Carbon Black
Software company VMware plans to buy Pivotal Software and
cybersecurity provider Carbon Black, bolstering its push to allow
customers to build, manage and secure applications across devices
and cloud-computing environments.
Gap Cites Challenging Environment as Sales, Profit Fall
Gap Inc. said sales and profit slipped in its latest quarter, as
demand fell across its portfolio of stores.
Intuit 4Q Loss Widens
The maker of financial management tools Turbo Tax, QuickBooks
and Mint, reported a loss of $44 million, or 17 cents a share,
compared with a loss of $38 million, or 15 cents a share, a year
earlier.
Investors Jostle for Pre-IPO Stake in Impossible Foods
Investors are vying for a piece of plant-based alternative meats
producer Impossible Foods before the startup goes public,
anticipating that its debut will draw market interest similar to
that of rival Beyond Meat.
(END) Dow Jones Newswires
August 22, 2019 21:00 ET (01:00 GMT)
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