Citizens Financial to Buy Investors Bancorp in $3.5 Billion Deal

Citizens, based in Providence, R.I., said it would pay 0.297 share and $1.46 in cash for each share of New Jersey-based Investors.

 
Boeing Swings to Profit on Defense and Jet Sales

The company shelved plans to shed another 10,000 workers by the end of the year as it starts to boost production of the 737 MAX jetliner amid the airline industry's recovery.

 
Pfizer Forecasts $33.5 Billion in Covid-19 Vaccine Sales

The pharmaceutical company raised its full-year outlook on Covid-19 vaccine sales as it prepared to ask U.S. regulators to authorize booster shots.

 
Ford's Second-Quarter Bottom Line Seen Dented by Chip Shortage

Strong pricing likely helped offset supply disruptions that have crimped the auto giant's production.

 
McDonald's Sales Surpass Pre-Pandemic Levels

The burger giant said price increases and larger to-go orders helped boost U.S. sales as more of its dining rooms reopen and U.S. customers try new chicken offerings.

 
Facebook's Ad Business Poised to Post Another Strong Quarter

Facebook is expected to post sharp growth in quarterly revenue and profit, fueled by robust digital ad spending, as it continues to face regulatory scrutiny over the size and influence of its platforms.

 
Rio Tinto First-Half Profit Sets Record on Commodity Price Surge

Rio Tinto reported a record first-half net profit and more than tripled its midyear payout to shareholders, benefiting from a bull run in commodity prices that has stoked inflation expectations around the world.

 
Spotify Adds Fewer Total Users Than Expected

Spotify's advertising revenue more than doubled in the most recent quarter, helped by growth in its podcast business, but the company added fewer total users than expected.

 
New Food-Delivery Battlefield Has Wurst Appeal

Uber Eats and DoorDash may be able to best Just Eat Takeaway.com in Germany, but doing so will cost them.

 
Barclays Profit Soars on Investment Banking

The London-based bank earned $2.92 billion in the three months to the end of June, driven by a strong performance in its investment bank.

(END) Dow Jones Newswires

July 28, 2021 11:15 ET (15:15 GMT)

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