$NortonLifeLock Inc(NLOK.US)$ in Talks to Buy Avast
Assuming a typical deal premium, the deal could value cybersecurity firm Avast at more than $8 billion.
Siemens Energy Tumbles After Unit Issues Warning
Shares in Siemens Energy and Siemens Gamesa fell sharply after the Spanish wind turbine maker issued a profit warning, forcing its parent company to revise its outlook too.$DAIMLER AG(DDAIF.US)$ Profits Top Hopes Despite Chip Crisis
Daimler posted preliminary second-quarter earnings above forecast, with group EBIT at EUR5.2 billion, despite the negative effects from the global chip shortage.
$Blackstone Group Inc(BX.US)$ Enters Deal to Manage $American International Group Inc(AIG.US)$ Life and Retirement Assets
Blackstone struck a deal to manage a swath of assets backing AIG's life-insurance policies and annuities, a big step by the private-equity firm toward becoming a major player in the insurance industry.
$Johnson & Johnson(JNJ.US)$ Recalls Aveeno, Neutrogena Spray Sunscreens
J&J said it was taking the action after detecting a potentially cancer-causing chemical in some samples.
TSMC's 2nd-Quarter Net Profit Rose 11% on Year
The world's largest contract chip maker $Taiwan Semiconductor Manufacturing Co Ltd(TSM.US)$ said second-quarter net profit rose to $4.80 billion as the chip demand continues to grow.
Two Fixed Chevy Bolts Catch Fire Months After Vehicle Recall
Last November, $General Motors Co(GM.US)$ recalled nearly 69,000 Bolts from the 2017-2019 model years, including roughly 51,000 sold in the U.S.
$WOODSIDE PETROL(WOPEY.US)$ Revenue Rises, Launches Asset Sales Process
Woodside Petroleum Ltd. said higher realized prices for its oil and liquefied natural gas drove a 15% rise in second-quarter revenue, as it pushed ahead with plans to seek buyers for part of its stakes in growth projects in Africa and Australia.
Spark Infrastructure Rejects Takeover Proposal From KKR, OTPPB
Spark Infrastructure Group said it has rejected a takeover proposal from $KKR & Co Inc(KKR.US)$ and the Ontario Teachers' Pension Plan Board that values its equity at US$3.7 billion.
$Twitter Inc(TWTR.US)$'s Snapchat-Rival Fleets Feature Comes to Fleeting End
The disappearing posts function launched less than a year ago failed to deliver the increase in user engagement sought by the social-media company.
Source: Dow Jones Newswires
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