News Highlights: Top Company News of the Day
06 January 2024 - 12:30AM
Dow Jones News
Southwestern, Chesapeake Near $17 Billion Energy Merger
Southwestern Energy and Chesapeake Energy are close to a merger
that would create a roughly $17 billion company and one of the
largest U.S. natural-gas producers.
Big Design-Software Companies Near $35 Billion Deal
Synopsys and Ansys are in exclusive talks and a deal could come
as soon as next week.
General Dynamics Names Kim Kuryea Finance Chief
Jason Aiken, the current CFO, will focus exclusively on the
operating duties of the technologies group, the company said.
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."
(END) Dow Jones Newswires
January 05, 2024 19:15 ET (00:15 GMT)
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