News Highlights: Equities Stories Of The Day
09 February 2016 - 8:06AM
Dow Jones News
Sanofi Profit Hit By Falling Diabetes Revenue
French drugmaker Sanofi reported sharply lower fourth-quarter
net profit, hit by growing pricing pressure in the U.S. diabetes
market and higher accounting charges.
French Regulator Alleges Facebook Violates Privacy Laws
France's data-protection regulator late Monday threatened to
fine Facebook Inc. if it doesn't change how it handles data about
its users and others on the Internet.
Viacom To Sell Snapchat Ads In Multiyear Deal
Viacom and Snapchat are taking their content deal a step further
with a multiyear agreement that allows the media company to sell
advertising on Snapchat's behalf. For Snapchat, the move could help
lure in more big advertisers to the millennial-focused
platform.
Google CEO Gets Equity Award of $199 Million
Alphabet Inc. granted Sundar Pichai, chief executive of the
company's main Google business, an equity award valued at $199
million, making him one of the world's highest-paid executives.
France Says It Could Increase Alstom Stake
France said an agreement with conglomerate Bouygues had gone
into effect, giving the state voting rights equivalent to 20% of
Alstom's share capital.
Mexican President Names New Head of State Oil Company
Mexican President Enrique Peña Nieto on Monday replaced the
chief executive of Petróleos Mexicanos, shuffling the management of
the state oil company as it struggles with the fallout from the
plunge in global oil prices.
(END) Dow Jones Newswires
February 09, 2016 02:51 ET (07:51 GMT)
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