News Highlights: Top Company News of the Day
Facebook's Ad Business Posts Another Strong Quarter
Facebook posted sharp growth in quarterly revenue and profit,
fueled by robust digital ad spending, as it continues to face
scrutiny over the size and influence of its platforms.
Ford Posts Surprise Profit Amid Strong New-Car Market
The auto maker expects vehicle production, hit hard by the
global chip shortage, to recover in the second half of the year
Qualcomm Sees Path Out of Chip Shortage Stretching Into 2022
The provider of key circuitry in almost a third of new 5G
handsets has secured more chip-making capacity at outside
manufacturers, but it warned that the supply crunch could drag into
Robinhood Is Warning You About Certain Risks Before You Invest in Its IPO
The trading app has grown explosively-and at times painfully-and
challenges lie ahead as it makes its anticipated debut.
SEC Weighs Making Companies Liable for Climate Disclosures
Chairman Gary Gensler has asked staff to consider whether
climate-related statements should be required in 10-K annual
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.
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
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.
(END) Dow Jones Newswires
July 28, 2021 17:15 ET (21:15 GMT)
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