News Highlights: Top Company News of the Day
Netflix Strikes Deal With Filmmaker Steven Spielberg
Spielberg's production company Amblin Partners will make new
films for Netflix over the course of a multiyear agreement.
J.P. Morgan Asset Management Acquires Timberland Investment Firm
The money manager wants to become a major player in forest
Supreme Court Orders More Proceedings in Goldman Suit
At issue was a 2011 investor lawsuit that alleged the Wall
Street bank artificially inflated its share price before, during
and after the 2008 financial crisis.
Lordstown Motors Executives Sold Stock Ahead of Reporting Results
A board special committee of the electric-truck startup
concluded the share sales "were made for reasons unrelated to the
performance of the company."
Moderna Plans to Expand Production for Covid-19 Vaccine Boosters
A manufacturing expansion shows that Moderna is making a big bet
on an enduring Covid-19 vaccine business, as health authorities
prepare for life after the pandemic lifts but the coronavirus and
its variants remain.
This Big Tech Stock Is Always on Sale
Tencent's anchor shareholder Prosus has revealed the value of
its $39 billion portfolio of startups-and the full extent of its
Universal Isn't the Only Track on Investors' Vivendi Playlist
Activist hedge funds face a potential tax bill when the world's
biggest record label is demerged from its French owner. But there
are other ways to profit.
Deutsche Bank Jumps Back Into Payments With Fiserv Deal
Germany's largest lender wants to get back into the suddenly
valuable business of digital payments, nearly a decade after
getting out of it.
Sustainability Targets Prompt Business-Software Overhaul
Business-software providers are introducing tools to help
companies keep track of their progress toward sustainability
KKR to Buy Indian Cosmetics Firm for $625 Million
KKR & Co. will buy the majority stake from the founders of
Vini Cosmetics and Sequoia Capital, one of India's largest
personal-care products distributor with a network of approximately
700,000 points of sale and 3,000 dealers.
(END) Dow Jones Newswires
June 21, 2021 13:15 ET (17:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.