News Highlights: Top Company News of the Day

Date : 04/16/2019 @ 12:30AM
Source : Dow Jones News

News Highlights: Top Company News of the Day

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)

Copyright (c) 2019 Dow Jones & Company, Inc.
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