News Highlights: Top Company News of the Day
April 15 2021 - 7:15PM
Dow Jones News
CBS to Combine News and TV Stations Divisions
Wendy McMahon and Neeraj Khemlani will share responsibility for
CBS News and CBS Television Stations as co-heads and
presidents.
PPG's Shares Rise After Hours Following Upbeat 2Q Profit Outlook
PPG Industries gave better-than-expected adjusted earnings
guidance for the second quarter as it sees global industrial demand
recovering.
SoftBank Infusion Meant to Pay Back Credit Suisse Investors Went to Greensill Bank
That $440 million took a detour, complicating Credit Suisse's
efforts to recover money owed to investors after Greensill
collapsed into bankruptcy.
Alcoa says first quarter delivered strongest sales and profit in two years
Alcoa tops Wall Street estimates and says 2021 will be a
"strong" year for the company thanks to the ongoing economic
recovery and more demand for aluminum.
Serious Blood Clots Are More Likely in Covid-19 Sufferers Than in Those Who Got Vaccine, Study Finds
A study by the University of Oxford found the risk of rare but
sometimes-deadly blood clotting is roughly eight to 10 times
greater in Covid-19 sufferers than among people who have received
any of the first three Western-developed vaccines widely
available.
Former Braskem CEO Pleads Guilty to 'Operation Car Wash' Charges in U.S.
José Carlos Grubisich pleaded guilty to two counts of conspiring
to violate U.S. antibribery law, which carry a possible sentence of
10 years.
Kimco Realty to Buy Rival Weingarten Realty for About $3.9 Billion
The deal values Houston-based Weingarten at an 11% premium to
its Wednesday closing share price.
Citigroup Posts Higher Earnings, Will Trim Consumer Businesses
The New York bank said it would exit its consumer operations in
13 countries, mostly across Asia, to focus on wealth management and
other businesses.
Delta Should Keep Faith in Good Old Network Strategy
The airline has stuck doggedly to the old network-carrier
playbook even as the pandemic has made a mess of it. Now is no time
to change course.
Bank of America Profit Doubles
The nation's second largest bank posted earnings of $8.05
billion in the first quarter, up sharply from a year earlier, when
lenders began stockpiling rainy-day reserves at the onset of the
pandemic.
(END) Dow Jones Newswires
April 15, 2021 19:00 ET (23:00 GMT)
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