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News Highlights: Top Company News of the Day

11/26/2020 | 09:17pm EST
German Prosecutors Examine Ernst & Young's Role in Wirecard Collapse 
 

German prosecutors said they are examining Ernst & Young's role in the collapse of disgraced payments operator Wirecard, ratcheting up pressure on the audit firm.

 
With Slack, Salesforce Would Put Heat on Microsoft 
 

The battle to be the go-to business-software provider is intensifying, as Salesforce looks to acquire Slack Technologies.

 
AstraZeneca Defends Dosing Error in Covid-19 Vaccine Trial 
 

A top AstraZeneca executive pushes back against criticism that the company failed to disclose enough data from a clinical trial of its Covid-19 vaccine.

 
Disney Plans More Layoffs as Pandemic Hits Businesses 
 

The entertainment company said it would lay off about 32,000 employees, primarily at its theme parks, as the coronavirus pandemic continues to drag on its businesses.

 
U.K.'s Centrica Seeks to Sell Liquefied Natural Gas Portfolio 
 

The energy supplier is trying to sell its portfolio of LNG supply contracts and other assets, according to people familiar with the matter, as it seeks to simplify its operations amid volatile LNG prices.

 
Sycamore Bids $540 Million for Ann Taylor, Other Ascena Brands 
 

Ascena Retail Group said the private equity firm has committed to retaining a "substantial portion" of the stores it seeks to buy out of bankruptcy.

 
JD Health IPO Will Set Hearts Racing 
 

The record initial public offering of fintech giant Ant Group crashed before taking off. Another Chinese tech listing in Hong Kong should fare better.

 
Repsol Unveils Five-Year Investment Plan 
 

Repsol said it would invest EUR18.3 billion until 2025 in a push to accelerate its energy transition, become more sustainable and boost shareholder returns.

 
Remy Cointreau Sees Rebound as Profit Tops Hopes 
 

Remy Cointreau posted a better-than-forecast interim operating profit of EUR106.2 million and said it continues to expect a second-half recovery, led by the U.S. and China.

 
Facebook's Latest Error Shakes Advertisers' Confidence 
 

The company quietly told advertisers this month that its "conversion lift" tool, used to measure outcomes, overestimated some campaign results.

(END) Dow Jones Newswires

11-26-20 2115ET

Stocks mentioned in the article
ChangeLast1st jan.
ASCENA RETAIL GROUP, INC. -14.03% 0.095 Delayed Quote.58.33%
ASTRAZENECA PLC 0.44% 7592 Delayed Quote.3.66%
CENTRICA PLC -1.13% 50.62 Delayed Quote.8.63%
MICROSOFT CORPORATION -0.17% 212.65 Delayed Quote.-4.23%
REPSOL S.A. -2.37% 8.652 Delayed Quote.4.87%
WIRECARD AG -44.85% 0.6 Delayed Quote.92.93%
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