News Highlights: Top Company News of the Day
June 19 2017 - 09:31AM
Dow Jones News
EQT to Acquire Rice Energy for $6.7 Billion
EQT agreed to buy Rice Energy for $6.7 billion, the latest
proposed tie-up between energy producers after low oil and gas
prices roiled the industry.
Who's Behind Morgan Stanley's Bond Trading Turnaround? A Stock Guy
Under Ted Pick, Morgan Stanley's bond-trading division has
booked four straight quarters of fixed-income revenue above $1
billion. But Mr. Pick is striking a cautious note as other
turnarounds have shown promise only to crumble.
PerkinElmer to Buy German Medical Diagnostics Firm
PerkinElmer said it would buy a German-based medical-diagnostics
company in a $1.3 billion all-cash deal.
GE Returns Jet-Leasing Unit to Growth Mode
General Electric plans to resume growing its aircraft-leasing
business, ordering more jets and sealing a joint venture with a
Canadian company that will allow it to do additional business with
fast-growing airlines in Asia.
Boeing Launches New Plane as Rivalry With Airbus Continues
Boeing formally launched a new version of its single-aisle
jetliner to regain market share lost to rival Airbus.
Amazon Shops Locally, But Spreads Fear Globally
The tech giant's $13.7 billion acquisition of Whole Foods has
set alarm bells ringing around the world-perhaps prematurely.
Amazon Deal for Whole Foods Unites Maverick CEOs
Amazon's planned $13.7 billion acquisition of Whole Foods unites
two maverick businessmen who will now have to blend very distinct
approaches to make the deal a success.
Top Tech Executives Head to White House
Tech industry leaders will meet with Trump administration
officials on Monday to discuss how to improve and better protect
federal computer systems.
An Index Considers Booting Firms With Lots of Non-Voting Shares
A proposal by FTSE Russell could force finance chiefs at
companies like Alphabet, Facebook and Ford to choose between
keeping their place in broad stock benchmarks or changing their
share class structures.
Activist Land & Buildings Takes 4.3% Stake in Hudson's Bay
Investor Land & Buildings is pushing Saks' parent Hudson's
Bay to consider strategic alternatives, including possibly taking
the company private or redeveloping its vast real-estate
holdings.
(END) Dow Jones Newswires
June 19, 2017 09:16 ET (13:16 GMT)
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