share_log

News Highlights: Top company news of the day

Dow Jones Newswires ·  Aug 9, 2021 23:10

Krafton Shares Tumble in South Korea Debut

Krafton Inc.'s shares tumbled on muted demand Tuesday in their first trading day on South Korea's main stock exchange, after the country's biggest initial public offering in more than a decade.

Leon Black Accuser Amends Lawsuit, Alleging Epstein Ties

The allegations, filed in a New York State court, are the latest claims to emerge in litigation started in June by Guzel Ganieva, a Russian immigrant and former model, who had a yearslong relationship with the former Apollo chief.

NBC Draws Its Lowest Summer Olympics Ratings Ever

The network averaged of 15.5 million prime-time viewers over their 17-day run, down 42% from the Rio de Janeiro Olympics in 2016.

AMC Talks Bitcoin, GameStop With Its Reddit Followers

Theater chain saw its revenue triple from the first quarter to second quarter, plans to start accepting the cryptocurrency, Chief Executive Adam Aron says.

Canadian Pacific Plans New, Higher Bid for Kansas City Southern

The move for a new offer for Kansas City Southern would reignite a takeover battle with Canadian National Railway.

Coinbase Head of Capital Markets Leaves After Four Months

Brett Redfearn, a former federal regulator who joined Coinbase Global earlier this year, has left the cryptocurrency exchange after about four months on the job.

DraftKings to Buy Golden Nugget Online Gaming for About $1.56 Billion in Stock

The deal would boost the sports-betting operator's online-casino-games offering.

Citigroup Reaches First Deal of Jane Fraser's Refresh

NAB, one of the four dominant banks in Australia, will pay Citigroup about $184 million for its book of consumer mortgages, credit cards and deposits in the country.

Hertz Posts Higher Revenue, Plans to Relist Amid Travel Rebound

The car rental company's improved sales come as pandemic fears ease.

Oil Giant Aramco Sees Growth Where Others Eye Transition

Decarbonization strategies and uncertainty about global demand have tempered most oil-and-gas investments, but the world's largest producer still plans to expand.

(END) Dow Jones Newswires

August 09, 2021 23:00 ET (03:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment