News Highlights: Top Company News of the Day
Microsoft Earnings, Revenue Show Strong Growth
The software giant's cloud business has benefited as the
pandemic has forced people to work remotely.
Supply-Chain Software Provider o9 Solutions Valued at $2.7 Billion
Supply-chain software provider o9 Solutions has raised a new
round of private funding that has more than doubled the
Dallas-based company's value to $2.7 billion in less than two
Canadian National Railway Names New CEO, Averts Proxy Fight
The railroad operator selects Tracy Robinson, and U.K.-based
activist investor TCI Fund Management Ltd. agrees to drop its proxy
AMC in Advanced Talks to Refinance Debt as Meme-Stock Luster Fades
AMC Entertainment is stepping up its efforts to refinance some
of its debt as the cinema chain's shares and bonds have slumped,
giving up most of their gains since the company became a meme-stock
Jinko Solar Soars in Shanghai Trading Debut
Shares of Chinese solar-module maker Jinko Solar Co. more than
doubled on their first day of trading in Shanghai after the company
raised about US$1.6 billion in an initial public offering.
Companies Prepare for Fallout From Cyberattacks Against Ukraine
Businesses including utilities, manufacturers and
financial-services companies are bracing for potential spillover
from cyberattacks against Ukraine, as U.S. officials warn of
Russia-linked hacks that could ripple outward.
3M's N95 Mask Sales Climb, Lifting Revenue as Omicron Drives Demand
The manufacturer says new government guidance raised awareness
of the product to help fight the Covid-19 variant's spread.
Berkshire Hathaway Will Host Annual Meeting in Person
The conglomerate's annual shareholder meeting, which
pre-pandemic would regularly bring tens of thousands of people
together in Omaha, Neb., will be held in person for the first time
FTC Sues to Block Lockheed Martin Acquisition of Aerojet Rocketdyne
The Federal Trade Commission says the proposed $4.4 billion
purchase would allow the defense giant to control access to parts
needed to build missile engines.
AmEx Has Runway as Travel Recovers
After benefitting from more online at-home spending, a big
resumption of travel-and-entertainment would be an upside for
(END) Dow Jones Newswires
January 26, 2022 03:15 ET (08:15 GMT)
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