News Highlights: Top Company News of the Day
Canada Vaccine Panel Recommends Against AstraZeneca for Second Dose
A Canadian vaccine panel said that people who received a first
dose of AstraZeneca's vaccine against Covid-19 should get a
different vaccine for their second dose.
Altium Will Continue to Engage With Suitor Autodesk on Value
Altium Ltd. Chairman Sam Weiss said the software firm will
continue to engage with Autodesk Inc. following its rejection of
the Nasdaq-listed firm's takeover proposal on valuation
Mitsubishi HC Capital to Buy CAI International
Transportation finance company CAI International Inc. agreed to
be sold to Mitsubishi HC Capital Inc. in a deal with an equity
value of about $1.1 billion.
Hutchmed (China) Seeks to Raise More Than US$600 Mln in Hong Kong Listing
Hutchmed (China) Ltd. is planning to raise more than US$600
million through a listing in Hong Kong, becoming the latest
U.S.-listed Chinese company seeking to tap the Asian financial
center's equity market.
Supreme Court Rules Cargill, Nestle Can't Be Sued in Child-Labor Case
The high court decision by Justice Clarence Thomas said the
plaintiffs were impermissibly seeking to apply the Alien Tort
Statute beyond U.S. borders.
Danaher to Buy Aldevron From EQT for About $9.6 Billion in Cash
Stockholm-based EQT in 2019 acquired a majority stake in
Aldevron from fellow private-equity firm TA Associates, which
retained a minority interest
Top Bankruptcy Firm Kirkland Losing Lawyers as Economy Improves
Kirkland & Ellis LLP and several attorneys from the law
firm's dominant bankruptcy practice have parted ways amid a
dramatic slowdown in corporate defaults and chapter 11 filings,
according to people familiar with the matter.
Adobe stock heads toward fresh record highs after earnings
Adobe Inc. said Thursday that it had an "outstanding" second
quarter on the strength of its cloud products in what CEO Shantanu
Narayen calls "a digital-first world."
Rio Tinto Makes Its Interim Finance Chief Permanent
Mining company Rio Tinto named Peter Cunningham as chief
financial officer, making permanent a role the company veteran has
held on an interim basis since Jan 1.
Kroger's Cart Overfloweth
The supermarket giant had a strong quarter and still has room to
improve as normalcy returns.
(END) Dow Jones Newswires
June 18, 2021 03:15 ET (07:15 GMT)
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