News Highlights: Top Company News of the Day
January 04 2024 - 12:15PM
Dow Jones News
Walgreens' stock turns sharply lower after dividend halved to bolster cash flow
Walgreens Boots Alliance's stock rallied Thursday, after the
drugstore chain and healthcare services company beat fiscal
first-quarter earnings expectations, and nearly halved its dividend
to bolster its cash position.
Rocket Cos. Hires Former Airbnb CMO Jonathan Mildenhall as Its CMO
The marketing veteran will be responsible for creating a more
unified voice for the company's businesses.
Octopus Energy Has Texas-Size Ambitions
Britain's biggest electricity retailer is using AI in its
Uber-like approach to overcome the intermittence of wind and solar
power.
Peloton Partners with TikTok for Workout Content Hub
Peloton Interactive has entered an exclusive partnership with
TikTok to create a workout content hub on the popular short-form
video platform.
France's Carrefour Halts PepsiCo Product Sales Over Price Hikes
The French supermarket owner stopped selling Pepsi-Cola, Doritos
and 7Up, among other products, due to what it called unacceptable
price increases.
You Can Now Get Weight-Loss Drugs Right From Eli Lilly
The pharmaceutical company, maker of anti-obesity medicine
Zepbound, has started a new online service for getting
prescriptions and deliveries.
Conagra's stock drops as Q2 revenue and 2024 outlook fall short of analyst estimate
Food giant cites "challenging" economy despite lower inflation
impact.
Energy Company APA to Buy Callon Petroleum in $4.5 Billion Deal
Energy company APA has agreed to buy smaller peer Callon
Petroleum in a stock-swap deal valued at about $4.5 billion,
including assumed debt.
Google Is Finally Killing Cookies. Advertisers Still Aren't Ready.
The search giant plans to remove a technology seen as critical
to the digital-ad industry.
Women's Sports Drive Value of NCAA's New ESPN Deal
The eight-year broadcast-rights contract for 40 sports'
championships is worth $115 million a year, triple the value of the
previous deal.
(END) Dow Jones Newswires
January 04, 2024 13:00 ET (18:00 GMT)
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