News Highlights: Top Equities Stories Of The Day
Post# of 23088
Posted On: 01/13/2016 8:20:59 AM
News Highlights: Top Equities Stories Of The Day
Source: Dow Jones News
California Regulators Reject Volkswagen's Recall Plan
California environmental regulators rejected Volkswagen's proposals for recalling nearly 500,000 diesel-powered cars before a crucial meeting Wednesday between the company and U.S. regulators.
InBev Plans $30 Billion Bond Sale
Brewing giant Anheuser-Busch InBev is planning to sell roughly $30 billion in new bonds Wednesday in a deal that would rank as the second largest on record, underscoring the strength of the corporate-debt market despite turmoil in certain sectors.
EU Launches Antitrust Review of Halliburton-Baker Hughes Merger
Halliburton faces a fresh hurdle toward its $35 billion acquisition of rival Baker Hughes after European Union regulators open a full-blown antitrust investigation into the deal.
Yum Posts Gain in China Same-Store Sales
Yum Brands reported that sales at its established restaurants in China rose an estimated 1% in December, reversing the decline in November.
Google to Seek Auto-Industry Input on Self-Driving Cars
The head of Alphabet's self-driving car project said the tech giant is entering a phase where more collaboration is needed with auto industry players on vehicle autonomy.
China's Sinochem in Talks to Buy Halcyon Agri
Sinochem is in advanced negotiations to buy a Singapore-listed rubber trader for about $300 million, as Chinese companies continue their pursuit of commodities assets.
MetLife to Shed Big Chunk of Life Unit
The insurer said the move is part of a plan to ease some of the capital burden it is expected to face under new federal regulations.
Disney Hopes for Magic in the Middle Kingdom
After more than a decade of planning and five years of construction, Walt Disney plans to open its first theme park in China on June 16.
CSX Revenue Falls 13% as Coal Shipments Decline
CSX Corp. said its fourth-quarter revenue fell by 13% as lower coal volumes, which has hurt the entire railroad sector, continued to weigh on the rail giant.
Ford Declares Supplemental Dividend
Ford Motor Co., expecting to post record 2015 pretax profits, declared a supplemental dividend of $1 billion that it will pay to shareholders on top of its regular first-quarter dividend.
Uber Eases Screening Rules in California
Uber Technologies Inc. is taking steps in California to make its driver-screening requirements fairer to some nonviolent criminals who have served prison sentences and are attempting to rebuild their lives.
(END) Dow Jones Newswires
January 13, 2016 06:07 ET (11:07 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
Source: Dow Jones News
California Regulators Reject Volkswagen's Recall Plan
California environmental regulators rejected Volkswagen's proposals for recalling nearly 500,000 diesel-powered cars before a crucial meeting Wednesday between the company and U.S. regulators.
InBev Plans $30 Billion Bond Sale
Brewing giant Anheuser-Busch InBev is planning to sell roughly $30 billion in new bonds Wednesday in a deal that would rank as the second largest on record, underscoring the strength of the corporate-debt market despite turmoil in certain sectors.
EU Launches Antitrust Review of Halliburton-Baker Hughes Merger
Halliburton faces a fresh hurdle toward its $35 billion acquisition of rival Baker Hughes after European Union regulators open a full-blown antitrust investigation into the deal.
Yum Posts Gain in China Same-Store Sales
Yum Brands reported that sales at its established restaurants in China rose an estimated 1% in December, reversing the decline in November.
Google to Seek Auto-Industry Input on Self-Driving Cars
The head of Alphabet's self-driving car project said the tech giant is entering a phase where more collaboration is needed with auto industry players on vehicle autonomy.
China's Sinochem in Talks to Buy Halcyon Agri
Sinochem is in advanced negotiations to buy a Singapore-listed rubber trader for about $300 million, as Chinese companies continue their pursuit of commodities assets.
MetLife to Shed Big Chunk of Life Unit
The insurer said the move is part of a plan to ease some of the capital burden it is expected to face under new federal regulations.
Disney Hopes for Magic in the Middle Kingdom
After more than a decade of planning and five years of construction, Walt Disney plans to open its first theme park in China on June 16.
CSX Revenue Falls 13% as Coal Shipments Decline
CSX Corp. said its fourth-quarter revenue fell by 13% as lower coal volumes, which has hurt the entire railroad sector, continued to weigh on the rail giant.
Ford Declares Supplemental Dividend
Ford Motor Co., expecting to post record 2015 pretax profits, declared a supplemental dividend of $1 billion that it will pay to shareholders on top of its regular first-quarter dividend.
Uber Eases Screening Rules in California
Uber Technologies Inc. is taking steps in California to make its driver-screening requirements fairer to some nonviolent criminals who have served prison sentences and are attempting to rebuild their lives.
(END) Dow Jones Newswires
January 13, 2016 06:07 ET (11:07 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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