News Highlights: Top Company News of the Day
26 May 2020 - 8:30PM
Dow Jones News
Pandemic Won't Be a Serious Detour for Auto-Parts Retail
Auto-parts retailers' sales should fare well as consumers choose
to repair their cars rather than replace them. Their steady sales
last quarter should be taken as an encouraging sign as they gear up
for the rest of this year.
Warner Music Sets IPO Plan
Warner Music said it would proceed with plans to sell shares to
the public despite market setbacks due to the coronavirus
pandemic.
Boeing, Airbus Study Coronavirus on Flights
The airplane makers are researching the coronavirus's behavior
inside jetliners, part of the industry's effort to curb risks that
have brought air traffic to a near standstill.
Aston Martin Replaces CEO With Daimler Executive in Bid for Survival
The British sports-car company made famous by James Bond ousted
its chief executive in a fresh bid to resuscitate a storied brand
that has been on life support.
AdaptHealth to Buy Solara Medical, ActivStyle for $487 Million
AdaptHealth on Tuesday said it agreed to buy Solara Medical
Supplies and ActivStyle for $487 million in cash and stock in a
pair of deals that expand its in-home medical-supplies platform
into the diabetes and incontinence segments.
American Diners Have More Takeout in Their Future
The shutdown of dining rooms across the U.S. devastated the
sit-down restaurant industry, where many operators had to invent
new business models on the fly suited for takeout and delivery.
Tupperware Tries to Contain Financial Woes With Debt Deal
Tupperware Brands is looking to ease its debt burden, entering a
new phase in its effort to turn around a business struggling with
coronavirus lockdowns and shifts in shopping habits.
Blood Banks, Pharma Join Microsoft to Sign Up Plasma Donors
Research institutions, blood banks, companies and recovered
Covid-19 patients are working to overcome a shortage of plasma
donors, a major obstacle to plasma-based therapies.
Merck Does Deals to Develop Coronavirus Vaccines, Drug
Drugmaker Merck said it is buying a privately held Austrian
company to obtain one vaccine while joining with other groups on a
second vaccine and an antiviral.
Kimmeridge Energy Raises $109 Million for New Stock Fund
Kimmeridge Energy Management has raised more than $109 million
so far for a new fund focused on investing in public energy
securities, a filing shows.
(END) Dow Jones Newswires
May 26, 2020 15:15 ET (19:15 GMT)
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