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News Highlights: Top Company News of the Day

10/15/2020 | 11:16am EST
Morgan Stanley Profit, Revenue Rise 
 

The Wall Street firm said its quarterly profit rose 25% from a year ago, another big U.S. bank to skate unscathed through the rockiest economy in years. Trading revenue increased 20%, following the trend at rivals.

 
NBC Actors, Producers Protest Network's Decision to Host Trump Town Hall at Same Time as Biden's ABC Event 
 

The group of more than one hundred are protesting NBC News's decision to carry a town hall meeting with President Trump on Thursday night opposite a previously scheduled Joe Biden town hall on rival ABC News.

 
Walgreens Profit Falls As U.K. Business Struggles 
 

Retail sales at the Boots U.K. unit fell more than 29%, with the coronavirus reducing consumer visits at stores on major shopping streets, in train stations and in airports.

 
IBM, ServiceNow Partner on AI Effort Aimed at Identifying IT Anomalies 
 

The new offering will combine ServiceNow's IT Service Management and IT Operations Management systems with IBM's recently introduced Watson AIOps.

 
China's Rebound Helps Lift Japanese  Businesses 
 

As the coronavirus pandemic continues to pummel the world's major economies, Japan's corporate giants are pinning their hopes on the one market that is really rebounding: China.

 
Westfield's Owner Offers Two Unappealing Deals 
 

Shareholders in Europe's largest property company have a choice between two bad options.

 
Facebook, Twitter Limit Sharing of New York Post Articles That Biden Disputes 
 

Twitter on Wednesday blocked users from posting links to the articles, and Facebook has slowed the spread of the articles pending guidance from its fact-checking partners.

 
Fiat Chrysler, Union Avert Canada Strike With Tentative Deal 
 

Fiat Chrysler and the union representing about 9,000 workers at its three Canadian factories reached a tentative agreement, averting a strike that threatened to ripple across the auto maker's North American operations.

 
BTS Frenzy Drives Hit K-Pop IPO 
 

Shares in Big Hit Entertainment, the management company behind the South Korean pop sensation, roughly doubled from their initial public offering price by early afternoon in Seoul.

 
Publicis Revenue Beats Expectations, but Ad Giant Warns of Challenges 
 

Organic revenue fell 5.6% in the third quarter, less than the 13% drop in the second quarter. Covid-19 could make the fourth quarter very difficult, CEO Arthur Sadoun says.

(END) Dow Jones Newswires

10-15-20 1115ET

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK INC 3.16% 276.92 Delayed Quote.34.92%
MORGAN STANLEY 5.53% 63.6 Delayed Quote.24.41%
PUBLICIS GROUPE SA -1.70% 38.69 Real-time Quote.-2.48%
RIPPLE (XRP/BTC) -5.41% 3.5E-5 Real-time Quote.26.92%
RIPPLE (XRP/EUR) -1.88% 0.574275 Real-time Quote.199.44%
SERVICENOW INC. -1.42% 514.69 Delayed Quote.82.31%
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