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News Highlights: Top Company News of the Day

05/27/2021 | 09:16pm EDT
FDA, J&J Near Deal for Covid-19 Vaccine Production at Baltimore Plant 

Johnson & Johnson and the FDA expect to announce as early as next week that contamination problems at the plant are resolved, clearing the way for millions more doses to become available.

Nike Split With Neymar Amid Sex-Assault Probe 

Nike split with soccer star Neymar last year after the company began investigating an allegation by an employee that he had sexually assaulted her, people familiar with the matter say. He denies the allegation.

HP, Dell Post Strong Profits, Point to Bullish Outlook for PCs 

Robust demand for personal computers is projected to stretch into next year despite semiconductor shortages.

Google Nears Settlement of Ad-Tech Antitrust Case in France 

The case, which hasn't been previously disclosed, is one of the most advanced in the world looking at Google's dominance as a provider of tools for buying and selling ads across the web.

Costco Reports Stronger Sales as U.S. Economy Gains Steam 

The warehouse-store chain generated $45.28 billion in revenue for its quarter that ended May 9, up almost 22% from the same period last year.

Judge Allows Robinhood Case to Proceed 

A Massachusetts judge denied the online brokerage's motion for a preliminary injunction in a case involving state securities regulators. The ruling allows regulators' customer-protection complaint against Robinhood to proceed.

Tabcorp Gets A$4 Billion Bid for Wagering, Media Unit 

BetMakers Technology Group is seeking to buy the wagering and media unit of Australian betting firm Tabcorp Holdings, becoming the latest suitor looking to acquire parts of the company.

Salesforce stock rises on earnings beat, increased outlook 

Salesforce.com Inc. shares rose in the extended session Thursday after the cloud-based customer-relationship management company topped Wall Street estimates and hiked its outlook for the year.

WarnerMedia CEO Says He Will Stay at Company at Least Through 2021 

Jason Kilar said he has no plans to step down this year in the wake of AT&T's decision to spin off and merge the media company with Discovery.

Boston Consulting Group Names Christoph Schweizer CEO 

Rich Lesser will step down in the fall after nearly nine years as leader of the consulting giant.

(END) Dow Jones Newswires

05-27-21 2115ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 0.10% 2697.09 Delayed Quote.53.74%
COSTCO WHOLESALE CORPORATION -0.19% 428.92 Delayed Quote.14.05%
DJ INDUSTRIAL -0.28% 34838.16 Delayed Quote.14.14%
NIKE, INC. 0.74% 168.75 Delayed Quote.18.41%
ROBINHOOD MARKETS, INC. 7.20% 37.68 Delayed Quote.0.00%
S&P 500 -0.18% 4387.16 Delayed Quote.17.02%
TABCORP HOLDINGS LIMITED 0.40% 4.97 End-of-day quote.27.44%
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