News Highlights: Top Company News of the Day
23 February 2017 - 8:30PM
Dow Jones News
Renault-Nissan's Problem: There's Only One Ghosn
Carlos Ghosn is stepping down as CEO of Nissan to focus on its
global alliance with Renault and Mitsubishi, highlighting the
group' challenges in finding a successor for the storied
executive.
Vivendi's Full-Year Revenue Beat Estimates
Vivendi's full-year earnings topped analysts' estimates as its
Universal Music Group unit was lifted by a jump in online streaming
and subscriptions.
Boston Scientific Recalls Lotus Heart Valve Device
Boston Scientific Corp. said Thursday it has recalled all of its
Lotus Valve heart devices from commercial and clinical sites in
Europe because of manufacturing defects.
Google Team Cracks Longtime Pillar of Internet Security
A cryptographic technology long central to internet security has
been dealt a knockout blow by researchers at Google and a Dutch
research institute.
Terra Firma Starts Sale Process for U.S. Wind-Energy Business
U.K. private-equity firm Terra Firma Capital Partners has
launched a sale process for its U.S. wind-energy business,
according to a person familiar with the matter, amid efforts by
governments to reduce carbon emissions.
Rocket Internet Fizzles as Biggest Investor Halves Stake
A collaboration that created some of Europe's largest e-commerce
businesses moved closer to dissolution when Swedish investment
group Kinnevik announced it had halved its holding in Rocket
Internet.
AMC Networks' Sales Top Views
AMC Networks said its fourth-quarter sales rose more than
expected, helped by increased distribution and advertising
revenue.
Malls' Woes Hurt Victoria's Secret, Bath & Body Works
Dwindling traffic at U.S. shopping centers has caught up with
Victoria's Secret and Bath & Body Works, two retail stalwarts
that previously shrugged off the trend.
Barclays Swings to Profit as Sweeping Overhaul Nears End
Barclays swung to a full-year net profit as the bank's
management said it was just months away from finishing a
restructuring program.
Peugeot Resumes Dividend as Profit Jumps
Peugeot, the French car maker in advanced talks to buy the
European operations of General Motors, will pay its first dividend
for six years after posting a sharp rise in net profit for
2016.
(END) Dow Jones Newswires
February 23, 2017 15:15 ET (20:15 GMT)
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