News Highlights: Top Company News of the Day
March 04 2021 - 11:30PM
Dow Jones News
Costco Sales Rise 15% in Latest Quarter
The wholesale retail chain's sales climbed again as Americans
continue to shop for food and goods for the home during the
pandemic.
CoStar Cites Rising Interest Rates in Dropping Its Bid for Data Firm
The takeover battle for CoreLogic highlighted investor interest
in the housing market.
Gap CEO Predicts Apparel Rebound as People Emerge From Covid-19
Gap executives said consumers are eager to buy the kinds of
apparel that they have been able to forgo during much of the
Covid-19 pandemic.
YouTube CEO Says Trump Suspension to Last Until Violence Risk Decreases
Susan Wojcicki says a recent Capitol Police warning indicates an
"elevated violence risk still remains."
Google Crushed Many Digital Ad Rivals. But a Challenger Is Rising.
Alphabet's Google has crushed almost all its competitors in the
world of digital-advertising technology, but one rival, The Trade
Desk, has emerged as the best hope to challenge the tech giant.
Joann Inc. Sets IPO at 10.9 Million Shares, Sees Pricing at $15-$17 Each
At the $16 midpoint of its price range, the company said it
expects net proceeds of $78.2 million, or roughly $102.7 million if
underwriters exercise their option to buy an additional 1.64
million shares.
EU and Italy Block Export of AstraZeneca Covid-19 Vaccine
The coordinated move reflects mounting frustration in Europe
with slow deliveries of vaccines.
Okta Finds Its High-Price Match
The cloud software company uses its richly valued stock to fund
its biggest deal ever.
Maker of Peeled Snacks Brand Dried Fruit And Crisps Files for Bankruptcy
The maker of Peeled Snacks brand crisps and dried fruit snacks
has filed for bankruptcy.
eBay Is Removing Dr. Seuss Books Deemed Offensive
EBay is working to prevent the resale of six Dr. Seuss books
pulled this week by the company in charge of the late author's
works because they contain offensive imagery.
(END) Dow Jones Newswires
March 04, 2021 23:15 ET (04:15 GMT)
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