News Highlights: Top Company News of the Day
July 28 2021 - 3:18PM
Dow Jones News
Robinhood Is Warning You About Certain Risks Before You Invest in Its IPO
The trading app has grown explosively-and at times painfully-and
challenges lie ahead as it makes its anticipated debut.
SEC Weighs Making Companies Liable for Climate Disclosures
Chairman Gary Gensler has asked staff to consider whether
climate-related statements should be required in 10-K annual
reports.
J&J Talc Claimants Seek to Pre-Empt Company's Bankruptcy Strategy
A committee of injury claimants is seeking a bankruptcy-court
order prohibiting J&J from minimizing certain talc liabilities
through bankruptcy.
Google's Costs Have Catching Up to Do
Surge in operating profit comes as R&D, capex and sales
expenditures track below normal.
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.
Pfizer Stock Doesn't Need a Booster Shot
Covid-19 vaccine sales are still brisk, but the rest of Pfizer's
business is in fine health.
Baxter in Early Talks to Buy Medical-Device Maker Hill-Rom
Baxter International is in talks to buy medical-equipment maker
Hill-Rom Holdings, according to people familiar with the matter.
Hill-Rom has already rebuffed a $144-per-share bid from Baxter,
some of the people said.
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.
Boeing Swings to Profit on Defense and Jet Sales
The company shelved plans to shed a further 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.
Bristol Myers Squibb Stock Rises After Modest Earnings Beat
Shares of Bristol Myers Squibb rose early Wednesday, after the
company reported earnings that just beat Wall Street
expectations.
(END) Dow Jones Newswires
July 28, 2021 15:15 ET (19:15 GMT)
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