News Highlights: Top Company News of the Day

Date : 11/12/2019 @ 4:15PM
Source : Dow Jones News

News Highlights: Top Company News of the Day

 
Disney Streaming Service Debuts With Technical Issues Amid High Demand 
 

Walt Disney's big streaming debut of Disney+ arrived with technical glitches that the company blamed on unexpectedly high demand.

 
Dean Foods Files for Chapter 11 Bankruptcy 
 

Dean Foods filed for chapter 11 bankruptcy protection and is in advanced talks to sell itself to Dairy Farmers of America, the nation's largest dairy cooperative.

 
CBS Reports Lower Profit on Content, Merger Costs 
 

CBS said profit fell about 35% in the third quarter, in part because the entertainment and media company faced higher costs related to its planned merger with Viacom.

 
Tyson Posts Weaker Profit After Fire at Beef Plant 
 

Tyson Foods said profit fell by almost one-third in its latest quarter, in part because a fire forced it to temporarily close a major beef-processing plant.

 
Nissan Slashes Forecasts as Sales and Profit Fall on Weak Demand 
 

The results showed the auto maker struggling to overhaul its business, hurt both by a downturn in the global auto industry and turmoil within the company in the year since the arrest of former Chairman Carlos Ghosn.

 
Juul to Cut Roughly 650 Jobs, or 16% of Workers 
 

The embattled e-cigarette maker also plans to cut $1 billion in spending next year as it braces for a hit in sales after voluntarily stopping the sale of its most popular flavor in the U.S.

 
Zillow, Opendoor Pay Close to Market Value for Homes, Study Says 
 

Companies using technology to make rapid cash offers to home sellers are typically paying their customers close to market value, a new study found.

 
Financial Times Appoints First Female Editor 
 

The U.K.'s Financial Times newspaper appointed its first woman editor in its 130-year history in the publication's first change of editorial leadership since 2005.

 
Google Amasses Medical Records of Millions of People 
 

Google is teaming with one of the country's largest health-care systems on an ambitious project named "Project Nightingale" to collect and crunch detailed health information of millions of Americans across 21 states.

 
Vodafone Ups Profit Guidance 
 

Vodafone raised its earnings forecasts for 2020, benefiting from the acquisition of Liberty Global assets in Europe and the sale of its New Zealand operations.

 
 

(END) Dow Jones Newswires

November 12, 2019 11:00 ET (16:00 GMT)

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


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