News Highlights: Top Company News of the Day
07 December 2019 - 12:30AM
Dow Jones News
Drugmaker Mallinckrodt Fails to Complete Debt Swap
Embattled drugmaker Mallinckrodt, one of the nation's largest
opioid producers, failed to win approval of a $700 million debt
swap
'The Irishman' Isn't Netflix's Biggest Splash Despite Big Stars and Director
Netflix's mob drama "The Irishman" attracted 13.2 million
viewers in the U.S. during its first five days of availability,
according to Nielsen, well short of the streaming service's
best-performing movie title, "Bird Box," which cost far less to
make.
Trump Administration Weighs Putting Amazon Foreign Sites on 'Notorious Markets' List
The Trump administration is considering putting some of
Amazon.com Inc.'s overseas operations on a list of global
marketplaces known for counterfeit goods, according to people
familiar with the matter.
Deutsche Bank Agrees to Pay EUR15 Million in Money-Laundering Probe
The investigation that featured a high-profile raid of the
bank's Frankfurt headquarters in November 2018 is now closed.
Big Lots Shares Rise on 3Q Results
Shares of Big Lots rose after the company posted third-quarter
profit, driven by its sale of a distribution center in Rancho
Cucamonga, Calif., as well as lower losses on an adjusted
basis.
Used Car Retail Startup Vroom Valued at $1.5 Billion in Latest Funding
Vroom, a used car marketplace and delivery startup, was valued
at $1.5 billion in a new financing, according to a person familiar
with the matter.
Facebook in Talks to Add More New York Office Space
Facebook is in talks to lease a landmark Manhattan building in a
deal that would make it one of New York's largest corporate tenants
and would help offset the lack of Amazon's second headquarters
earlier planned for the city.
When to Buy Into Aramco
Global investors likely have a long wait before the Saudi oil
giant's expensive shares are priced at a more normal level.
Michael Dell's Money Managers Change How His Wealth Is Invested
MSD Capital, Michael Dell's $16 billion family office, is
pulling back from active stock-picking. Co-founder Glenn Fuhrman is
leaving at year-end.
Peloton Backlash: Controversy Over Ads Often Is Short-Lived
If the recent history of consumer backlashes against Nike,
Gilette and Pepsi are any guide, Peloton shouldn't expect lasting
damage from social-media outcry over the fitness-equipment maker's
holiday ad.
(END) Dow Jones Newswires
December 06, 2019 19:15 ET (00:15 GMT)
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