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News Highlights: Top Company News of the Day

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02/19/2020 | 09:16am EDT
GE, Stung by Boeing Pullback, Pitches for New Business With Airbus 
 

General Electric is looking for new business from Airbus, as the engine maker's other big customer, Boeing, retrenches.

 
Dish Network's Customer Base Slips Under 12 Million 
 

The satellite company lost nearly 200,000 television customers in the fourth quarter as it laid plans to invest in a still-unfinished wireless phone network.

 
Adidas, Puma Warn of Coronavirus Blow 
 

Puma and Adidas warned of a hit from the coronavirus on sales, sharpening concerns about how the outbreak is affecting the athletics gear industry that has long looked to China as both a market and a production base.

 
Big Tech to Face More Restrictions in Europe on Data, AI 
 

American tech giants will face new restrictions in the European Union on artificial intelligence and on the alleged use of data to drive out smaller rivals.

 
Companies Give Workers Time to Vote 
 

Hundreds of U.S. firms plan to allow employees time to vote in this year's presidential election as part of a business-led push to lift turnout.

 
Bausch Health Reports Loss, Sets Aside Money for Legal Costs 
 

Bausch Health reported a loss as it set aside legal costs in the fourth quarter and said it expects revenue to increase in 2020.

 
Grocers Wrest Control of Shelf Space From Struggling Food Giants 
 

Retailers are relying on their own proprietary research to decide where to shelve products, dealing another blow to large U.S. food companies that are already dealing with increased competition and shifting consumer tastes.

 
Analog Devices Lowers Revenue Forecast Due to Coronavirus 
 

Analog Devices lowered its revenue outlook for its second quarter by $70 million due to the coronavirus outbreak but raised its dividend by 15% for the fiscal first quarter.

 
Everything's 25% Off at the World's Most Debt-Squeezed Company 
 

China Evergrande Group has slashed prices of properties sold this month and next, but its share price has actually risen.

 
Deutsche Telekom Profit Soars 
 

Deutsche Telekom posted a 78% rise in net profit to EUR3.87 billion in 2019 as revenue climbed and forecast further growth in the year ahead.

 
 

Stocks mentioned in the article
ChangeLast1st jan.
ADIDAS AG -0.44% 205.9 Delayed Quote.-28.95%
AIRBUS SE -2.61% 59.34 Real-time Quote.-54.52%
ANALOG DEVICES -1.45% 89.65 Delayed Quote.-24.56%
BAUSCH HEALTH COMPANIES INC. 1.64% 15.5 Delayed Quote.-48.20%
BOEING COMPANY (THE) -2.06% 149.14 Delayed Quote.-53.25%
CHINA EVERGRANDE GROUP -3.88% 12.4 End-of-day quote.-0.80%
DEUTSCHE TELEKOM AG -1.44% 11.814 Delayed Quote.-18.92%
GENERAL ELECTRIC COMPANY 0.63% 7.94 Delayed Quote.-28.85%
PUMA SE 0.46% 54.4 Delayed Quote.-20.41%
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