News Highlights: Top Company News of the Day

Date : 06/20/2019 @ 12:30AM
Source : Dow Jones News

News Highlights: Top Company News of the Day

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)

Copyright (c) 2019 Dow Jones & Company, Inc.


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