News Highlights: Top Company News of the Day - Tuesday at 1 AM ET
09 January 2024 - 6:15AM
Dow Jones News
Hewlett Packard Enterprise Near Deal to Buy Juniper Networks
The deal could be unveiled this week, valuing Juniper at roughly
$13 billion.
Samsung Forecasts Weaker Fourth-Quarter Operating Profit
The South Korean tech giant expects fourth-quarter operating
profit to fall 35%, missing market expectations and dampening hopes
for an earnings recovery led by its semiconductor business.
Tinder Owner Match Draws Elliott Investment
The activist has a roughly $1 billion stake and intends to meet
with Match to discuss ways to improve the online dating company's
performance.
PepsiCo, Grocery Giant Bicker Over Who Dumped Whom
A grocery-prices dispute escalated as PepsiCo and Carrefour each
claimed to have started the fight.
China Tourism Group Duty Free Shares Rise on Strong Earnings
Shares of China Tourism Group Duty Free jumped on strong
preliminary 2023 earnings, as growth in international travel gains
momentum after China's postpandemic reopening.
Vulcan Rocket Launches, but Moon Lander Runs Into Trouble
United Launch Alliance's Vulcan Centaur powered a lander called
Peregrine into space, but that vehicle's propulsion system
failed.
Unity Slashes Another 25% of Its Workforce
The move comes after an uproar over new fees in September that
angered customers.
JetBlue CEO to Step Down as Airline Awaits Judge's Ruling on Spirit Airlines Merger
"Extraordinary challenges and pressure of this job have taken
their toll, " said CEO Robin Hayes.
United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets
The airlines are inspecting the aircraft grounded by Federal
Aviation Administration after a door-plug blowout on an Alaska
Airlines flight.
Tiger Woods and Nike Split Up After 27 Years
The 15-time major golf champion had one of the longest, and most
lucrative, endorsement deals in sports.
(END) Dow Jones Newswires
January 09, 2024 01:00 ET (06:00 GMT)
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