News Highlights: Top Company News of the Day

Date : 06/19/2017 @ 9:31AM
Source : Dow Jones News

News Highlights: Top Company News of the Day

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)

Copyright (c) 2017 Dow Jones & Company, Inc.
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