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News Highlights: Top Company News of the Day

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07/31/2019 | 07:16am EDT
Regulators Found High Risk of Emergency After First Boeing MAX Crash 

An FAA internal risk analysis after the first of two Boeing 737 MAX airliner crashes showed the likelihood was high of a similar cockpit emergency within months, according to people familiar.

Ray-Ban Maker EssilorLuxottica Strikes $6 Billion Deal for Rival 

EssilorLuxottica agreed to buy control of European rival GrandVision for about EUR5.49 billion, in a move that would further cement the Ray-Ban maker's global position as the leading manufacturer and retailer of eyewear and lenses.

High-End Diapers Test How Much More Mom and Dad Will Pay 

Diapers promising to soften babies' behinds and digitally track their sleep are hitting the market. The new products also are helping P&G and Kimberly-Clark-the biggest diaper makers-lift prices.

Capital One Hack Hits the Reputation of a Tech-Savvy Bank 

Capital One has been known as a bank that plowed into new technology. But a recent hack could shift the lender's approach from advantage to liability.

Qualcomm Faces Legal, Chinese Headwinds: What to Watch 

What to expect when Qualcomm reports third-quarter earnings after the market closes Wednesday.

Spotify Reports Subscriber Growth Amid Industry Podcast Boom 

Spotify posted greater-than-expected user growth in the latest quarter as the music-streaming giant improved long-term retention of its listeners and broadened its podcasting business.

Yum China Is Making Good Dough 

Appealing to local pizza tastes and cutting costs has helped Yum Brands' Chinese arm counter the impact of rising meat prices.

Lloyds Profits Fail to Meet Forecasts 

Lloyds said that first-half pretax profit fell 7.1% as it booked an additional charge over payment-protection insurance in the second quarter, and forecast lower returns for the full year.

Malaysia's RHB Bank in Talks to Sell Insurance Unit to Tokio Marine 

RHB Bank Bhd., Malaysia's fourth-largest lender by assets, plans to sell its insurance business to Japan's Tokio Marine Holdings Inc. and said it has obtained approval from the country's central bank to initiate talks.

Samsung Suffers Hit From Softening Smartphone Demand 

Samsung's net profit dropped 53% during its second quarter, as consumers' decreasing appetite for smartphones and other gadgets sapped demand for the company's cash-cow components business.

Stocks mentioned in the article
ChangeLast1st jan.
BOEING COMPANY (THE) -3.76% 331.06 Delayed Quote.6.67%
CAPITAL ONE FINANCIAL CORPORATION 1.69% 91.32 Delayed Quote.18.80%
ESSILORLUXOTTICA -1.19% 133.2 Real-time Quote.22.05%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.03% 143.475 End-of-day quote.-3.59%
GRANDVISION -0.51% 27.52 Delayed Quote.44.59%
KIMBERLY-CLARK CORPORATION 1.44% 139.19 Delayed Quote.20.43%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.09% 111.05 End-of-day quote.-11.48%
QUALCOMM 1.67% 78.98 Delayed Quote.36.50%
TOKIO MARINE HOLDINGS, INC. 0.54% 5731 End-of-day quote.10.64%
YUM CHINA HOLDINGS, INC. 0.48% 44.03 Delayed Quote.30.69%
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