News Highlights: Top Company News of the Day
June 20 2019 - 5:30PM
Dow Jones News
Gun Stocks Tick Up Amid Political Uncertainty
Gun makers, on a losing streak since Trump's election in 2016,
could be starting to recalibrate.
McDonald's Tests Robot Fryers and Voice-Activated Drive-Throughs
Mcdonald's is designing voice-activated drive-throughs and
robotic deep-fryers as it works to streamline its menu and
operations to speed up service.
Advertisers Are Wary of Breaking Up Google and Facebook
Advertisers have griped about the power Google and Facebook
wield over the digital ad market. But they are generally wary of
breaking up the tech giants.
Walmart to Pay $282 Million to Settle Claims of Corrupt Payments Abroad, SEC Says
Walmart agreed to pay about $282 million to settle both criminal
and civil claims related to payments made by outside consultants in
Brazil, China, India and Mexico, the Securities and Exchange
Commission said.
Slack Shares Jump in Trading Debut
Slack Technologies' shares closed its first day of trading on
the New York Stock Exchange at $38.62, about 49% higher than the
NYSE reference price.
Carnival Lowers Profit Forecast on Cuba Travel Ban, Slower Europe Demand
The world's biggest cruise operator, Carnival, cut its full-year
earnings outlook, citing a hit from voyage cancellations, the
abrupt Cuba travel ban and weakening demand in Europe.
Boeing Focuses on Safety, Not Sales, at Paris Air Show
Boeing arrived at the world's largest aerospace extravaganza
battling the biggest crisis in its history. It departs having
secured a crucial vote of confidence in its beleaguered 737 MAX
jetliner and the prospect of further orders on the horizon.
Apple Explores Moving Some Production Out of China
Apple is asking suppliers to study shifting final assembly of
some products out of China as trade tensions prompt the company to
diversify its supply chain.
Kroger Seeks Patience As It Works to Reshape Business
Kroger is asking investors for patience, as the supermarket
chain races to transform its business amid heightened
competition.
Shares of French Bank Natixis Fall on Fund-Liquidity Concerns
The lender's stock fell 12% after research firm Morningstar Inc.
suspended its rating on a fund run by the bank's H2O Asset
Management arm.
(END) Dow Jones Newswires
June 20, 2019 17:15 ET (21:15 GMT)
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