Southwest Air Replaced Flight-Control Sensors of the Kind Implicated in Lion Air Crash 
 

During the three weeks before Lion Air Flight 610 plunged into waters off Indonesia, Southwest Airlines replaced two malfunctioning flight-control sensors of the same type that has been publicly implicated in the crash, according to a summary of Southwest maintenance records reviewed by The Wall Street Journal.

 
Post Holdings Plans IPO for Nutrition Unit 
 

The transaction that involves PowerBar and Joint Juice brands is expected to be completed in the second half of fiscal year 2019.

 
AXA to Raise $2 Billion From Shares Sale 
 

AXA said it would raise up to $2 billion from the sale of shares in its U.S. subsidiary AXA Equitable Holdings.

 
Rovio Swings to Profit, Narrows Guidance 
 

Angry Birds maker Rovio posted a net profit of EUR7.9 million in the third-quarter, more than double forecasts, and narrowed its full-year guidance.

 
Inventory Reduction Push at J.C. Penney Thins Margins 
 

The struggling retail chain has been liquidating merchandise as it winnows its product assortment to focus on the most profitable brands and categories. Although Penney is making progress on that goal, efforts to clear the sales floor have also thinned margins.

 
Firm Tied to Cryptocurrency Entrepreneur Faces SEC Investigation 
 

The SEC is investigating a company's cryptocurrency sale, an executive with the firm said, and people familiar with the probe said it includes looking at whether a prominent bitcoin entrepreneur broke the law by getting involved with the company's fundraising.

 
Cryptocurrency Hangover Weighs on Nvidia 
 

Nvidia shares tumbled 18% after the chip maker projected declining revenue for the current quarter as it works through excess inventory left over from the cryptocurrency boom.

 
MoviePass Sheds Subscribers as Troubles Mount 
 

MoviePass experienced a significant decline in subscribers in the third quarter, the latest sign of trouble for majority owner Helios & Matheson Analytics.

 
Facebook Says Criticism of Its Russia Response Is 'Unfair' 
 

Mark Zuckerberg and the Facebook board took issue with a report suggesting the social-media giant deliberately played down the impact of Russian interference on the platform.

 
David's Bridal Reaches Restructuring Deal With Lenders 
 

Wedding gown retailer David's Bridal has reached a restructuring deal with its lenders ahead of an expected bankruptcy filing.

 
 

(END) Dow Jones Newswires

November 16, 2018 05:00 ET (10:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.