News Highlights: Top Company News of the Day
April 15 2019 - 7:30PM
Dow Jones News
Lyft Shares Continue to Skid After IPO
After speeding into the public markets on hot investor demand
near the end of March, Lyft Inc.'s stock has been on a slide and
now trades 22% below the company's initial public offering
price.
BlackRock Director Leaves to Launch Tech Investment Firm
Daniel Daniel, a BlackRock director involved in the firm's early
technology bets on Twitter and Uber Technologies, is launching his
own investment fund.
'Game of Thrones' Returns as Mother of Ratings
A record 17.4 million people tuned in Sunday night for the
beginning of the end of HBO's "Game of Thrones," according to
Nielsen and the network.
UniCredit to Pay $1.3 Billion to Settle Sanctions Charges
Banks owned by UniCredit Group have agreed to pay $1.3 billion
to settle claims they processed payments allegedly in violation of
multiple U.S. government sanctions programs.
Tiger Woods Rewards Nike's Loyalty
Nike stood by the golfer during a lost decade when sponsors from
Gillette to Gatorade dropped him. Mr. Woods's Masters win could
reenergize his endorsement power and boost Nike's golf business,
marketing experts say.
SpaceX Raising $500 Million Amid Internal Questions Over Satellite Internet
Elon Musk's SpaceX is raising another $500 million in funding as
its president has raised questions about the viability of an
internet-via-satellite business considered key to the company's
growth.
At Goldman and Citi, Where's the Growth?
Goldman Sachs and Citigroup both reported underwhelming results
as revenue was hit by tough market conditions.
American Airlines Devising Extra Training for Boeing 737 Crews
American Airlines, after saying for months that its pilots
didn't need additional ground-simulator experience on Boeing 737
MAX jets, is moving to add such instruction to existing training
sessions.
South Korea's Hyundai Heavy Sells Oil Stake to Saudi Aramco for $1.2 Billion
South Korea's Hyundai Heavy Industries Holdings, the parent
company of the world's largest shipbuilder, said it signed a $1.2
billion deal to sell a stake in its oil-refining unit to Saudi
Aramco.
Siris to Buy Electronics for Imaging in a $1.7 Billion Deal
Under terms of the deal, Siris will pay $37 for each Electronics
for Imaging shares outstanding, which is 26% above Friday's closing
price of $29.40.
(END) Dow Jones Newswires
April 15, 2019 19:15 ET (23:15 GMT)
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