News Highlights: Top Company News of the Day
Boston Beer Shares Fall After Hard-Seltzer Demand Sputters
The company missed Wall Street analysts' earnings and sales
projections for the fiscal second quarter.
Huawei Hires Democratic Lobbyist Tony Podesta
The hiring comes amid a renewed D.C. lobbying push by the
Chinese company, which had faced relentless attacks by the Trump
GM Recalls Chevy Bolts for Second Time Due to Fire Risk
The company is asking owners of 2017-19 model year Bolts to keep
their electric-vehicle charges at a certain level and to park the
cars outside after charging them.
Oil Servicers Climb Out of a Hole
Halliburton, Schlumberger and Baker Hughes started tightening
their belts in 2019.They now say the worst is now behind them.
Kimberly-Clark Takes Hit Amid Drop in Toilet-Paper Demand
The company lowered its sales forecast as its quarterly result
fell short of expectations amid rising materials costs and plunging
demand for paper products.
Disney Looks to Relocate Its Theme-Park Magic Makers to Florida
The company wants to send many of its famed Imagineers to a
campus in Orlando where about $570 million in tax incentives
Volvo Cars Needs Investors to Value Brain Over Brawn
As the Swedish car maker gears up for an initial public
offering, a hyperactive first half showcases both its strategic
flexibility and financial limitations.
American Express beats earnings expectations as card spending accelerates
American Express topped earnings and revenue expectations Friday
while pointing to an acceleration in spending and "robust" interest
in its fee-based cards.
Honeywell Earnings Beat Expectations Again. Why Its Stock Is Dropping.
The industrial giant reported solid second-quarter results,
beating expectations and raising full-year guidance.
Shares of Chinese Tutoring Companies Plummet on Crackdown Fears
China has said it wants to reduce the financial burdens of
parenthood, including education.
(END) Dow Jones Newswires
July 23, 2021 15:15 ET (19:15 GMT)
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