News Highlights: Top Equities Stories Of The Day
October 06 2015 - 7:59AM
Dow Jones News
Volkswagen Puts Projects, Investments Under Review
Volkswagen will put all nonessential projects and investments
under review as it contends with the diesel emissions scandal, the
company's new chief executive officer and its top labor official
told staff.
PepsiCo Profit Falls on Venezuelan Impairment Charges
Snack-and-beverage giant PepsiCo said profit in its latest
quarter fell, due mostly to charges stemming from accounting
changes in its Venezuelan business.
PricewaterhouseCoopers Posts 4.1% Rise in Global Revenue
PricewaterhouseCoopers had global revenue of $35.4 billion in
its last fiscal year, up 4.1% from the previous year at each year's
average foreign-exchange rates, the Big Four accounting firm
announced.
Data Hack at 7 Trump Hotels Confirmed
An independent investigation hasn't found any evidence of
customers' information being misused, the hotel operator said.
Mallinckrodt Issues Fiscal 2016 Outlook
Pharmaceutical company Mallinckrodt PLC issued fiscal 2016
earnings guidance that brackets analysts' median estimate and said
specialty-brand sales would help offset declines in other
segments.
Glencore Stock's Roller-Coaster Ride Continues
Glencore's roller-coaster stock-market ride continues, with the
shares falling after hefty gains the day before amid management's
efforts to assure investors about the health of the commodities
group's finances.
SABMiller Hit by Weaker Emerging-Market Currencies
SABMiller reported a fall in second-quarter revenue because of
weaker emerging-market currencies, ahead of next week's deadline
for Anheuser-Busch InBev to make a bid for the brewer or walk
away.
Brazil's Petrobras Cuts Investments, Expenses View Through 2016
Brazil's state run oil company Petrobras cut its investments and
expenses outlook through 2016 following a drop in oil prices and
sharp depreciation of the Brazilian real.
Royal Dutch Shell CEO to Call for 'Carbon Pricing'
Ben van Beurden, the chief executive of oil firm Royal Dutch
Shell PLC, on Tuesday will call on governments to institute an
effective system for pricing carbon.
Fuel Prices Fall, but FedEx and UPS Boost Surcharges
FedEx is raising its fuel surcharge for the second time this
year, jolting e-commerce companies and other shippers with price
increases just as they gear up for the holiday season.
(END) Dow Jones Newswires
October 06, 2015 07:44 ET (11:44 GMT)
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