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News Highlights: Top Company News of the Day

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07/09/2019 | 01:16pm EDT
Deutsche Bank Shares Continue to Fall 

Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender's growth projections and management's grip on restructuring.

Airbus Poised to Overtake Boeing as Biggest Plane Maker 

Boeing said its commercial-jetliner deliveries fell by more than a third in the first half from a year earlier, as 737 MAX aircraft continue to pile up at its facilities.

'Friends' to Move to HBO Max, WarnerMedia's New Streaming Service 

WarnerMedia's new direct-to-consumer service will be the exclusive streaming home of reruns of the sitcom "Friends" as well as more than a dozen original shows and movies, including projects in development from major Hollywood stars.

Marriott Faces $123 Million Fine Over Starwood Data Breach 

Marriott International faces a potential GBP99.2 million ($123.6 million) fine over a consumer-data breach as the U.K.'s privacy watchdog raises pressure on businesses to comply with Europe's data-protection rules.

Cisco to Buy Acacia Communications for About $2.6 Billion 

Cisco Systems is buying Acacia Communicationsm a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networking gear.

Branson's Virgin Galactic to Go Public 

Virgin Galactic has plans to become the first publicly listed human spaceflight company. It expects that the deal to go public will give it enough capital to fund the business until its spaceships can commercially operate and send tourists into space.

PepsiCo Rides New Flavors and More Ads 

PepsiCo posted higher quarterly profit and sales as the food-and-beverage giant rolled out new products such as Pepsi Mango and ramped up marketing for some of its more established brands.

IBM Closes Its Red Hat Purchase, a Deal With High Stakes for Rometty 

IBM has closed its roughly $34 billion acquisition of open-source software company Red Hat, an unprecedented deal for the 108-year-old tech giant that will help define Chief Executive Ginni Rometty's legacy.

Piper Jaffray to Buy Sandler O'Neill for $485 Million 

Piper Jaffray Cos. is buying Sandler O'Neill & Partners L.P. for $485 million, combining two investment-banking firms and creating Piper Sandler Cos.

VW Stalled Bond Probe, SEC Says 

The auto maker dragged out a probe into whether it defrauded bond investors who weren't told about its efforts to cheat on diesel-emissions tests, the SEC says.

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE -1.05% 126.68 Real-time Quote.52.45%
BOEING COMPANY (THE) 2.48% 339.99 Delayed Quote.2.87%
CISCO SYSTEMS 1.75% 48.77 Delayed Quote.10.62%
DEUTSCHE BANK AG 1.17% 6.42 Delayed Quote.-8.88%
MARRIOTT INTERNATIONAL -1.78% 128.35 Delayed Quote.18.23%
ONE STOP SYSTEMS INC 4.52% 1.85 Delayed Quote.-4.64%
PEPSICO 0.21% 132.34 Delayed Quote.19.53%
PIPER JAFFRAY COMPANIES 0.73% 72.18 Delayed Quote.9.63%
RED HAT 0.00% 187.71 Delayed Quote.0.00%
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