News Highlights: Top Company News of the Day
February 24 2021 - 7:15PM
Dow Jones News
GameStop Shares Soar in Last Hour of Trading
The stock was halted twice for volatility before finishing at
$91.71. It last closed around that level on Feb. 3.
ViacomCBS Shortens Theatrical Window for Paramount+
The media company plans to put some of the biggest movies from
its Paramount film studio on its streaming service within two
months of their theatrical release.
Graphics-Chip Maker Nvidia Lifts Revenue Amid Videogame Boom
The results cap a year dominated by pandemic-fueled demand for
the company's chips, as it grapples with supply shortages.
Paul Ryan to Join Solamere Capital
The former House speaker is going to work at the private-equity
firm he teamed up with to launch a special-purpose acquisition
company last year.
Israeli Study Finds Pfizer Shot Equally Effective for Young and Old
The Covid-19 vaccine from Pfizer and BioNTech is equally
effective across all age groups, including those over 60, according
to a new Israeli study, in a boost of confidence to global vaccine
efforts.
Moderna Says New Variant Vaccine Is Ready for Human Testing
The biotech company has sent the NIH a first batch of doses of
its newly designed shot that targets the coronavirus strain first
identified in South Africa.
Verizon Spends $45.5 Billion to Top 5G Spectrum Bidders
The cellphone carrier pledged a record sum to secure airwaves
for faster wireless service in a $81 billion FCC auction.
Icon to Buy Clinical-Trial Rival PRA in $12 Billion Deal
Icon PLC's $12 billion deal to acquire a rival, PRA Health
Sciences, would create a contract research powerhouse and expand
the role of technology in clinical trials and drug development.
Qantas Reports Large 1H Net Loss
Australia's biggest airline, Qantas Airways, nosedived to a
substantial half-year loss as the coronavirus pandemic continued to
restrict global travel.
U.K. Investment Managers Push for More Diversity on Boards
U.K. investment managers plan to step up pressure on companies
to increase the presence of racial and ethnic minorities on their
boards.
(END) Dow Jones Newswires
February 24, 2021 19:00 ET (00:00 GMT)
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