Apple Shares Sink After iPhone Suppliers Lower Outlooks 
 

Apple shares sank further on Monday, as investors' worries deepened about sales of new iPhones after two key suppliers for the device cut their earnings projections for coming months.

 
Kellogg Considers Selling Its Fruit-Snacks and Cookies Businesses 
 

The packaged-food company said it is exploring a sale of those units "to enable the company to bring a sharper focus to its core business."

 
Creditors Question Viability of Sears Stores 
 

A group of Sears Holdings' creditors are questioning whether the retailer's best move is to go through a sale process for its 400 most-profitable stores or instead cut its losses and liquidate sooner rather than later.

 
Snap's Head of Content to Leave Company 
 

Snap's head of content Nick Bell plans to leave the social-media company by year's end, bringing to at least a half dozen the number of executives who have left the firm over the past year.

 
Facebook to Give Special Access to French Regulators 
 

A team of French regulators will spend six months monitoring how Facebook removes certain kinds of illicit content as part of a pilot program between the social media giant and the French government.

 
California Utilities Plummet on Wildfire Fears 
 

Shares of two of California's largest utilities plunged Monday as concerns escalated that the companies could face billions of dollars in potential liabilities as a result of the state's latest devastating wildfires.

 
Record Biotech IPO May Be Worth the $7 Billion 
 

Moderna is slated to offer the largest biotech IPO on record, and a $7 billion valuation isn't as crazy as it sounds.

 
GE Shares Fall Again, Hit New Low 
 

General Electric shares continued to slide even as new CEO Larry Culp tried to put the market at ease about the company and its troubled power division.

 
Athenahealth to Sell Itself for $5.47 Billion 
 

Health-care software firm Athenahealth is selling itself to an affiliate of two private-equity firms for $5.47 billion in cash months after an activist investor offered to take the business private.

 
Coty's Names New CEO 
 

Coty announced a new chief executive and changes to its board, days after reporting sluggish sales, particularly in its consumer beauty division, and disruptions in its supply chain.

 
 

(END) Dow Jones Newswires

November 12, 2018 19:00 ET (00:00 GMT)

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