News Highlights: Top Equities Stories Of The Day
01 September 2015 - 1:07PM
Dow Jones News
Pension Funds Oppose Combined BofA Chairman, CEO Roles
Two major public pension funds joined the drive for Bank of
America Corp. shareholders to oppose a corporate bylaw change that
lets Brian Moynihan serve as both chief executive and chairman.
Portuguese Central Bank Ends Talks With Anbang Over Novo Banco Sale
Portugal's central bank will now enter talks with another bidder
for the Portuguese bank created out of failed lender Banco EspĂrito
Santo last year.
Nasdaq to Sell Surveillance Technology to China
Nasdaq OMX Group will supply market-surveillance technology to a
Chinese securities exchange and some mainland financial firms, as
Beijing steps up scrutiny of its financial industry.
Gazprom Posts 29% Net Profit Growth
Russian state gas giant PAO Gazprom said net profit for the
second quarter was up 29% from the same period last year as a
higher ruble price made up for lower sale volumes in its
most-lucrative European market.
Commerzbank to Start Operations in Brazil
Germany's Commerzbank received authorization from the Brazil's
central bank to operate in Latin America's largest nation, where it
will focus on small and medium-size German and European
companies.
Whirlpool Counterbids for Oven-Maker AGA
Whirlpool has approached AGA Rangemaster, the iconic British
maker of cast-iron ovens, over a possible cash bid, turning up the
heat on Middleby Corp. which agreed in July to buy AGA for $198
million.
Valeant Strikes Psoriasis-Drug Pact With AstraZeneca
Canada's Valeant Pharmaceuticals has struck a deal with
AstraZeneca of the U.K. to develop and sell psoriasis treatment
brodalumab.
Marissa Mayer Expecting Twins
Yahoo Chief Executive Marissa Mayer is expecting twin girls and
expects to take "limited time away," the CEO announced via a blog
posting.
India's Google Investigation Moves Forward
Findings from the probe into Google's search practices have been
submitted to India's antitrust watchdog.
(END) Dow Jones Newswires
September 01, 2015 07:52 ET (11:52 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.