Ad-Tech Company AdTheorent Nears $1 Billion SPAC Deal to Go Public 

The firm would join others in the digital-advertising sector in raising money and going public.

Intel Sets Plan to Again Become World's Premier Chip Company 

The semiconductor maker aims to launch a new central processing unit-the brains of the modern computer-every year between 2021 and 2025, part of Intel's planned reboot after falling behind Asian rivals.

Tesla Quarterly Profit Soars to Record 

The Silicon Valley electric-car company posted a profit of $1.1 billion, marking its eighth sequential quarter in the black.

Judge Extends Facebook Antitrust Deadline 

The Federal Trade Commission now has until Aug. 19 to file an amended antitrust suit against Facebook after the agency's initial bid was dismissed.

Aon, Willis Towers Scrap $30 Billion Merger 

The Justice Department had alleged the tie-up of insurance brokers would lead to higher prices and reduced innovation for U.S. businesses.

LVMH Books Higher 1H Revenue, Profit as Fashion Sales Surge 

LVMH Moet Hennessy Louis Vuitton's earnings rose sharply in the first half as sales jumped by more than half on the year, driven by the core soft-luxury division.

Stagwell, MDC Partners Agree to Merger Following Shareholder Dispute 

Shareholders in MDC Partners and Stagwell Media agreed to merge the two advertising and marketing companies after resolving a dispute that had threatened to derail the deal.

PerkinElmer Buying BioLegend for $5.25 Billion 

The deal is expected to boost PerkinElmer's existing revenue growth and profit margin profile, and add to adjusted earnings a share in the first full year after the closing.

Lockheed Martin Earnings Were Solid. The Stock Is Falling. 

Lockheed recorded a $0.61 per-share charge related to "performance issues experienced on a classified program" at its jet-making franchise Aeronautics.

Boeing's Starliner Set to Launch, Giving Company a Do-Over in Space 

NASA needs another way to get to the space station. Friday's test comes after a failed 2019 attempt.


(END) Dow Jones Newswires

July 26, 2021 19:00 ET (23:00 GMT)

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