News Highlights: Top Company News of the Day
26 July 2021 - 4:27PM
Dow Jones News
PerkinElmer Buying BioLegend for $5.25 Billion
The deal is expected to boost PerkinElmer's existing revenue
growth and profit margin profile, and add to adjusted earnings a
share in the first full year after the closing.
Tesla Poised for Record Earnings
Wall Street expects the Silicon Valley electric-car maker to
post second-quarter revenue of roughly $11.4 billion, up from $6
billion a year earlier.
Aon, Willis Towers Scrap $30 Billion Merger
The Justice Department had alleged the tie-up would lead to
higher prices and reduced innovation for U.S. businesses.
Boeing's Starliner Set to Launch, Giving Company a Do-Over in Space
NASA needs another way to get to the space station. Friday's
test comes after a failed 2019 attempt.
Covid-19 Vaccine Pioneer BioNTech Plans New Malaria and Tuberculosis Shots
The German company said it would invest some of the profits from
the vaccine it markets with Pfizer into developing shots for
malaria and tuberculosis in Africa.
Barclays Overtakes Credit Suisse in Investment Banking
The U.K. bank's climb up the ranks is a sign that its long,
frustrated push to be a major player is making progress thanks in
part to the troubles of its Swiss rival.
Retailers Have Back-to-School in the Bag
After a year of on-and-off Zoom schooling, parents have a fair
bit of back-to-school shopping to do as children return to
classrooms. Retailers will need it.
Credit Suisse Settles Spying Case With Ex-Executive Iqbal Khan
The spying scandal is one of a slew of legal and reputational
knocks dogging the bank.
Activision Blizzard Gender-Bias Suit Shows Videogame Culture Remains a Flashpoint
Seven years after GamerGate, allegations of misconduct toward
women who work in the sector persist.
Race for Covid-19 Pill Heats Up
Japan's Shionogi has started human trials for a once-a-day drug
designed to neutralize the coronavirus in less than a week as
Pfizer and Merck carry out later-stage tests.
(END) Dow Jones Newswires
July 26, 2021 11:15 ET (15:15 GMT)
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