News Highlights: Top Company News of the Day
March 04 2021 - 7:15PM
Dow Jones News
Costco Sales Rise 15% in Latest Quarter
The wholesale retail chain's sales climbed again as Americans
continue to shop for food and goods for the home during the
pandemic.
CoStar Cites Rising Interest Rates in Dropping Its Bid for Data Firm
The takeover battle for CoreLogic highlighted investor interest
in the housing market.
Gap CEO Predicts Apparel Rebound as People Emerge From Covid-19
Gap executives said consumers are eager to buy the kinds of
apparel that they have been able to forgo during much of the
Covid-19 pandemic.
Google Crushed Many Digital Ad Rivals. But a Challenger Is Rising.
Alphabet's Google has crushed almost all its competitors in the
world of digital-advertising technology, but one rival, The Trade
Desk, has emerged as the best hope to challenge the tech giant.
Dr. Seuss Books Deemed Offensive Will Be Delisted From eBay
EBay is working to prevent the resale of six Dr. Seuss books
pulled this week by the company in charge of the late author's
works because they contain offensive imagery.
YouTube CEO Says Trump Suspension to Last Until Violence Risk Decreases
Susan Wojcicki says a recent Capitol Police warning indicates an
"elevated violence risk still remains."
Joann Inc. Sets IPO at 10.9 Million Shares, Sees Pricing at $15-$17 Each
At the $16 midpoint of its price range, the company said it
expects net proceeds of $78.2 million, or roughly $102.7 million if
underwriters exercise their option to buy an additional 1.64
million shares.
Okta Finds Its High-Price Match
The cloud software company uses its richly valued stock to fund
its biggest deal ever.
Square to Buy Majority Stake in Jay-Z's Tidal Platform
The San Francisco payments company said Jay-Z will join its
board as part of the $297 million cash-and-stock deal, and Tidal's
current shareholders will remain co-owners.
Coinbase Offers Another Way to Ride the Bitcoin Roller Coaster
The company may be listing its shares at a peak time for
cryptocurrencies, so investors should be cautious about its recent
results.
(END) Dow Jones Newswires
March 04, 2021 19:00 ET (00:00 GMT)
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