Shares of industrial and transportation companies rose amid deal activity.
Shipping and logistics services provider Pitney Bowes sold a controlling interest in most of its Global Ecommerce segment to an affiliate of Hilco Global as it plans to wind down the business.
Incoming Boeing Chief Executive Robert "Kelly" Ortberg will attempt to reform the corporate culture, much as he did at Rockwell Collins, former employees told The Wall Street Journal.
Samsung Electronics is recalling more than one million electric stoves in the U.S. following reports of about 250 fires that have injured dozens of people and killed pets.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-09-24 1751ET
