News Highlights: Top Company News of the Day
December 18 2017 - 12:15AM
Dow Jones News
Oracle to Buy Software Maker Aconex
Oracle will buy Australian project-management software provider
Aconex, the latest leg in its push to take on Amazon and others in
selling cloud-computing services.
Thales to Buy Chip Maker Gemalto
France's Thales has agreed to buy chip maker Gemalto NV for
EUR4.8 billion in a deal that aims to create "a world leader in
digital security," the companies said.
CSX Loses $4 Billion in Value After CEO Takes Medical Leave
CSX lost about $4 billion in market value after Chief Executive
Hunter Harrison was placed on medical leave, a stark reversal for
investors who had shrugged off concerns earlier this year about the
health of the renowned railroad turnaround artist.
Boeing, Airbus Sales Imperiled as Trump Administration Formulates Iran Plan
The Trump administration is advancing a strategy that could
derail efforts by Boeing and Airbus to sell hundreds of jetliners
to Iranian airlines, U.S. officials said.
P&G Concedes Proxy Fight, Adds Nelson Peltz to Its Board
Procter & Gamble said it would add activist investor Nelson
Peltz to its board, ending weeks of intrigue after the biggest and
most expensive proxy battle ever fought essentially finished with a
tie.
KKR to Buy Unilever's Spreads Business for $8 Billion
U.S. private equity giant KKR agreed to acquire Unilever's
margarine and spreads business in a deal that values the unit at
$8.03 billion, making it one of the largest European acquisitions
by a buyout firm this year.
Airbus Upheaval Triggers Search for New CEO
Airbus is hunting for a new chief executive to navigate it
through a spell of heavy turbulence, with Europe's largest plane
maker facing investigations over alleged corruption and
far-reaching departures among its senior ranks.
Deutsche Bank Was Asked for Information on Transactions Potentially Linked to Michael Flynn
Deutsche Bank has been asked by U.S. government authorities to
hand over information about transactions that could be linked to
former national security adviser Michael Flynn or entities
connected to him, according to people familiar with the matter.
SpaceX Successfully Launches Reused Booster for NASA, a First
Space Exploration Technologies successfully launched a
refurbished cargo capsule atop a previously used rocket toward the
international space station, a milestone following its launch of
the first private spacecraft to Earth orbit and back seven years
ago.
Brazil's Odebrecht Chairman Says Will Step Down in 2018
Emilio Odebrecht, chairman of troubled Brazilian industrial
group Odebrecht, said he will resign from the engineering
conglomerate next year.
(END) Dow Jones Newswires
December 18, 2017 01:00 ET (06:00 GMT)
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