News Highlights: Top Equities Stories of the Day
02 May 2016 - 7:15AM
Dow Jones News
Apollo Global Management Bumps Price for Apollo Education Takeover -- Sources
A group including private-equity firm Apollo Global Management
LLC boosted its bid for Apollo Education Group Inc. in an effort to
salvage the takeover of the University of Phoenix owner amid
shareholder resistance. (published 0236 GMT)
Bombardier Faces Off With Airbus, Boeing
For nearly two decades, Boeing Co. and Airbus Group SE have
enjoyed a near duopoly making the narrowbody airplanes that have
become the workhorses of the global airline industry. (published
0239 GMT)
Hulu Is Developing a Cable-Style Online TV Service
Hulu is developing a subscription service that would stream
feeds of popular broadcast and cable TV channels, people familiar
with the plans said, a move that would make the company a
competitor to traditional pay-TV providers and other new digital
entrants. (published 0100 GMT)
Delta Chief Had Long Climb to Top
Incoming Delta Air Lines Inc. Chief Executive Ed Bastian ran the
New York marathon two years ago after promising he would complete
the 26.2-mile race if his airline attained a leading market share
in the city. (published 0036 GMT)
Valeant's CEO Was Key Force on Pricing
In early 2015, when Valeant Pharmaceuticals International Inc.'s
top brass met to set prices on a soon-to-be-acquired cardiac drug,
some executives suggested slow, staggered price increases. Chief
Executive Michael Pearson disagreed. (published 0022 GMT)
Unions Lose Sway Over Verizon as Landline Business Shrinks
Not long after the 2000 merger that formed Verizon
Communications Inc., Denny Strigl rushed to Boston to talk wireless
employees out of joining a union. (published 0004 GMT)
Oil Companies Ultra Petroleum, Midstates File for Bankruptcy
Two more publicly traded oil and natural gas companies, with
combined debts of more than $5.8 billion, filed for chapter 11
bankruptcy protection in Texas as the industry continues to suffer
amid stubbornly low prices. (published 2355 GMT Sunday)
Twitter Looks to Video to Increase Advertising Sales
For years, Twitter Inc. has struggled with its Main Street
appeal. Now the social-media service also may be losing its Madison
Avenue allure. (published 2352 GMT Sunday)
Telstra Plans to Return A$1.5 Billion to Shareholders
Telstra Corp. plans to return at least 1.5 billion Australian
dollars to shareholders, using the proceeds of its sale of Autohome
Inc. shares. (published 2244 GMT Sunday)
(END) Dow Jones Newswires
May 02, 2016 02:00 ET (06:00 GMT)
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