News Highlights: Top Company News of the Day
AstraZeneca Strikes Deal to Produce Covid-19 Vaccine for China
AstraZeneca has agreed to have a Chinese drugmaker produce
hundreds of millions of doses of its experimental Covid-19 vaccine
for use in China if it is approved by regulators there, a deal that
expands China's access to potential vaccine options.
Quicken Loans Parent Edges Higher in Trading Debut
The mortgage lender's stock opens above its initial offering
price of $18 a share.
Comcast's NBCUniversal Shuffles Executive Ranks at Entertainment Unit
In the new structure, NBCUniversal is breaking its entertainment
operations into separate business and creative units.
Demand for Home Entertainment Boosts Results: Earnings at a Glance
The Covid-19 pandemic led more people to stay home -- and look
for ways to keep busy and entertained.
Banking Regulator Fines Capital One $80 Million Over 2019 Hack
A top banking regulator has fined Capital One Financial $80
million over a 2019 hack that compromised the personal information
of about 106 million card customers and applicants.
Lisa Su's AMD Is Flying High as Rival Chip Maker Intel Stumbles
Long an also-ran in the U.S. semiconductor industry, Advanced
Micro Devices is surging during the pandemic under CEO Lisa Su, who
took over in 2014 and now sees both challenges and opportunities
Nintendo's Pandemic Bonanza: a Billion-Dollar Profit
"Animal Crossing: New Horizons" sold more than 10 million copies
between April and June.
Bausch Health to Spin Off Eye-Care Business
Bausch Health said it plans to spin off its faster-growing
eye-care business from its core pharmaceutical operations, breaking
apart a company previous management had built through such
Adidas Swings to Loss But Sees Recovery Under Way
Adidas said it expects revenue to recover as the sports-gear
group's stores continue to reopen and digital sales thrive after
the coronavirus lockdowns pushed the company into a net loss in the
Disney Looks for a Hit Streaming Sequel
The company's first direct foray into streaming has been an
undeniable hit. Even the Magic Kingdom might be hard-pressed to
keep the spell going.
(END) Dow Jones Newswires
August 06, 2020 15:15 ET (19:15 GMT)
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