News Highlights: Top Company News of the Day
Village Roadshow, Producer on 'Joker' and 'The Matrix,' Explores Strategic Options
The film-and-TV producer and financier has tapped investment
bank PJT to explore a variety of options and has considered a
Pandemic Profits Begin to Ebb at America's Biggest Banks
JPMorgan Chase earned a record $48.3 billion in 2021, but profit
in the fourth quarter fell 14% as some of the forces that pushed
bank results higher have started to weaken.
Google Misled Publishers and Advertisers, Unredacted Lawsuit Alleges
Google misled publishers and advertisers for years about the
pricing and processes of its ad auctions, creating programs that
deflated sales for some companies while increasing prices for
buyers, according to newly unredacted allegations in a lawsuit
filed by states.
Ron Howard and Brian Grazer's Imagine Entertainment in Talks to Sell Stake
London-based Centricus is in talks to purchase more than 70% of
Imagine, known for movies such as "Apollo 13" and "Cinderella
Citigroup's Quarterly Profit Falls 26%
The bank has been shedding many international consumer
operations in an attempt to simplify its business and boost
Wells Fargo's Quarterly Profit Soars 86%
The bank's revenue rose 13%, beating expectations. It also
released money it had set aside for pandemic loan losses.
Warburg Seeks Up to $2 Billion Fund to Extend Hold for Duravant
The continuation transaction is expected to close in early
February, sources with knowledge of the offering said.
An Endemic Pandemic Can Also Make Airlines Symptomatic
Delta Air Lines' latest outlook confirms that Omicron probably
won't derail the travel recovery, but recurrent Covid-19 setbacks
are still bad news for carriers.
BlackRock Now Manages Over $10 Trillion in Assets
The money manager reported net income of $1.64 billion for the
fourth quarter, up 6% from the same period a year earlier.
China to Tighten Rules Over Casinos in Macau
A new bill would cut the tenure for new casino licenses in half
in the lucrative gambling hub and require operations to align with
China's national security needs, but is milder than many investors
(END) Dow Jones Newswires
January 14, 2022 13:15 ET (18:15 GMT)
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