News Highlights: Top Company News of the Day
05 January 2024 - 6:30PM
Dow Jones News
Tesla Recalls 1.6 Million Cars in China to Make Autopilot Fixes
The car maker's biggest recall in the country follows a similar
move in U.S. last month.
Nation's Biggest Hospital Landlord Suffers New Losses
Medical Properties Trust said it would record about $350 million
of write-downs related to its largest tenant, sending its shares
down nearly 30% in early trading Friday.
Constellation Brands Slashes Fiscal-Year Guidance. The Stock Rises Anyway.
Third-quarter adjusted earnings of $3.19 a share from the beer
and wine seller top analysts' estimates.
Netflix Considers Ways to Make Money From Videogames
Ideas include charging extra for some games as well as
incorporating ads and in-game purchases.
Gold Mining Boss Ousted Over $5.9 Million Payment
Endeavour Mining removed CEO Sébastien de Montessus after a
board investigation; he denied wrongdoing.
Puck Taps Former Twitter Customer Chief as CEO
Sarah Personette will be tasked with helping the news startup
expand into new coverage areas and markets.
Chinese Company That Sparked Fears of Financial Contagion Falls Into Bankruptcy
A calamitous year for Zhongzhi, which was a big player in
China's roughly $3 trillion trust sector, led to worries that the
world's second-largest economy was facing a "Lehman moment."
CVS Names Cowhey Permanent Finance Chief as Guertin Departs
CVS Health said Shawn Guertin, its top finance executive who has
been on a leave of absence since October due to family health
reasons, won't return to the healthcare-services giant.
PayPal's stock starts the new year with sustained skepticism
PayPal shares posted annual declines in each of the past three
years, and two analysts recently expressed skepticism that the
stock will see much positive momentum in the near-term.
Shares in European Drinks Makers Drop on China Investigation
Shares in European drinks makers tumbled after the Chinese
government launched an anti-dumping investigation into brandy
imported from the European Union in an escalation of trade tensions
between the regions.
(END) Dow Jones Newswires
January 05, 2024 13:15 ET (18:15 GMT)
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