News Highlights: Top Company News of the Day

Date : 06/14/2018 @ 5:15PM
Source : Dow Jones News
Stock : FTSE 100 (UKX)
Quote : 6876.86  -18.16 (-0.26%) @ 3:12PM

News Highlights: Top Company News of the Day

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1 Year : From Jan 2018 to Jan 2019

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$65 Billion Comcast Bid for Fox Assets Sets Off Disney Fight 

Comcast made an unsolicited offer to buy most of 21st Century Fox for roughly $65 billion, kicking off a bidding war with Walt Disney as the two media titans jockey for position in a business undergoing tumultuous change.

Private-Equity Giant Abraaj Files for Liquidation 

Abraaj, the embattled emerging-markets private-equity firm, said its Cayman Islands-based holding company filed for liquidation, in what could be one of the industry's largest-ever failures.

AT&T's Time Warner Prize-a Load of Hollywood Headaches 

The telecom giant's legal odyssey may soon seem like a breeze compared to delivering on the promise of the $80 billion deal. A major challenge will be integrating a staid phone company with an entertainment behemoth filled with larger-than-life personalities.

Snapchat Zigs Where Facebook Zags 

Snapchat is opening its platform to outside developers in a push for growth that will also test its commitment to privacy.

Equifax Taps IBM Executive to Lead Tech Efforts 

Equifax has recruited an IBM executive to lead its technology efforts as the credit bureau looks to rebound from its massive 2017 data breach.

Appeals Court Rules Against Insurer Moda Health Over ACA Payments 

The decision is a blow to other insurers hoping to recoup money they say they were owed under the Affordable Care Act.

China's Costly Wars to Go Cashless 

As more Chinese leave their wallets at home, Alibaba and Tencent are reaching deeper into theirs to fund an increasingly arms race to dominate mobile payments.

Rolls-Royce, Under Pressure From Investors, Will Cut 4,600 Jobs 

British aircraft-engine maker Rolls-Royce said it would shed 4,600 jobs even as it grapples with mounting problems with an engine powering Boeing 787 Dreamliners.

Why Investors Should Hold Out for a Sky-High Price 

A bidding war for Fox doesn't rule out one for European pay TV leader Sky

Goodbye London: Unilever Set to Lose Its Place in the FTSE 100 

Unilever, one of the U.K.'s biggest companies, looks set to leave the country's blue chip FTSE 100 index after consolidating its legal structure in the Netherlands.


(END) Dow Jones Newswires

June 14, 2018 13:00 ET (17:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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