News Highlights: Top Company News of the Day
January 06 2020 - 11:15AM
Dow Jones News
Ford Vehicle Sales Decline 3.2% in 2019
Ford Motor said its U.S. vehicle sales were off 3.2% in 2019 as
falling sport-utility vehicle and sedan sales outweighed gains in
purchases of trucks, the latest U.S. auto maker to report sales
declines.
Yum Brands to Buy Habit Burger Grill
Yum Brands said it would buy fast-casual burger chain Habit
Restaurants as it seeks to broaden its range of restaurants and
reach more customers.
Asbestos Costs Drive Owens-Illinois Affiliate To Bankruptcy
An affiliate of the world's largest glassmaker said it would
establish a bankruptcy trust to handle claims from people who say
they were harmed by products containing asbestos.
News Corp Sells Video-Advertising Startup Unruly
The New York-based media company agreed to sell
video-advertising platform Unruly, fetching significantly less than
it paid for the British startup five years ago.
Boeing Considers Raising Debt as MAX Crisis Takes Toll
Boeing is considering raising more debt to bolster finances
strained by the grounding of its 737 MAX, according to people
familiar with the matter.
New Year, Old Problems for European Banks
Most new years start with a hopeful view of what can be achieved
in the months ahead, but there is little in 2020 for investors in
European banks to get excited about.
Xerox Firms Up Financing for Bid to Take Over HP
Xerox has secured financing for its takeover offer for HP,
according to people familiar with the matter, a sign it is pushing
forward with its unsolicited $33 billion bid.
In Carlos Ghosn's Escape, Plotters Exploited an Airport Security Hole
About three months before former auto titan Carlos Ghosn's
escape last week from Japan to Lebanon, an operative for the escape
plan found a security hole at an Osaka airport that aided in the
plan's success.
Bed Bath & Beyond Strikes Real-Estate Deal
The home-goods retailer has signed a deal to sell roughly half
its real estate to a private-equity firm and lease back the space
in a transaction that will generate more than $250 million in
proceeds for the company.
Why Hong Kong Is Becoming a Tech Hub
More Chinese technology companies might follow in Alibaba's
footsteps and list in Hong Kong, likely boosting the sector as well
as the city's stock exchange.
(END) Dow Jones Newswires
January 06, 2020 11:00 ET (16:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.