News Highlights: Top Company News of the Day
J&J Talc Claimants Seek to Pre-Empt Company's Bankruptcy Strategy
A committee of injury claimants is seeking a bankruptcy-court
order prohibiting J&J from minimizing certain talc liabilities
Google's Costs Have Catching Up to Do
Surge in operating profit comes as R&D, capex and sales
expenditures track below normal.
Pfizer Stock Doesn't Need a Booster Shot
Covid-19 vaccine sales are still brisk, but the rest of Pfizer's
business is in fine health.
Baxter in Early Talks to Buy Medical-Device Maker Hill-Rom
Baxter International is in talks to buy medical-equipment maker
Hill-Rom Holdings, according to people familiar with the matter.
Hill-Rom has already rebuffed a $144-per-share bid from Baxter,
some of the people said.
McDonald's Sales Surpass Pre-Pandemic Levels
The burger giant said price increases and larger to-go orders
helped boost U.S. sales as more of its dining rooms reopen and U.S.
customers try new chicken offerings.
Citizens Financial to Buy Investors Bancorp in $3.5 Billion Deal
Citizens, based in Providence, R.I., said it would pay 0.297
share and $1.46 in cash for each share of New Jersey-based
Boeing Swings to Profit on Defense and Jet Sales
The company shelved plans to shed another 10,000 workers by the
end of the year as it starts to boost production of the 737 MAX
jetliner amid the airline industry's recovery.
Bristol Myers Squibb Stock Rises After Modest Earnings Beat
Shares of Bristol Myers Squibb rose early Wednesday, after the
company reported earnings that just beat Wall Street
Ford's Second-Quarter Bottom Line Seen Dented by Chip Shortage
Strong pricing likely helped offset supply disruptions that have
crimped the auto giant's production.
Facebook's Ad Business Poised to Post Another Strong Quarter
Facebook is expected to post sharp growth in quarterly revenue
and profit, fueled by robust digital ad spending, as it continues
to face regulatory scrutiny over the size and influence of its
(END) Dow Jones Newswires
July 28, 2021 13:15 ET (17:15 GMT)
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