News Highlights: Top Company News of the Day
12 Febbraio 2019 - 3:30AM
Dow Jones News
Amazon to Acquire Home Wi-Fi Company Eero
Amazon disclosed its latest bet to control the so-called smart
home, adding to its fold a company that offers a Wi-Fi system that
ditches traditional routers.
Peloton Interviews Banks for IPO
Peloton Interactive is interviewing banks this week for roles on
an initial public offering, taking a critical step toward an IPO
this year.
Trucker New England Motor Freight Files for Bankruptcy, Plans Shutdown
New England Motor Freight, a major player in the competitive New
York regional trucking market, sought bankruptcy protection and
intends to wind down operations.
Medical Testing Company Trident Holding Files for Bankruptcy
The Sparks, Md.-based company's chief financial officer said
Trident's business has suffered as occupancy rates at skilled
nursing facilities, one of its biggest customer bases, have gone
down as more patients opted for home health-care services.
Mexico Seeks to Revise Private Pipeline Contracts
President Andrés Manuel López Obrador said the Mexican
government wants to revise natural-gas pipeline contracts with
private companies under which the state-owned electric utility is
paying even when it hasn't received fuel.
Burger King's Parent Aims for More Global Growth
Restaurant Brands International, the parent of Burger King, Tim
Hortons and Popeyes Louisiana Kitchen, is marching ahead on
expanding the international presence of all three brands.
Latest Funding Values Reddit at $3 Billion
Reddit was valued at $3 billion after a new financing round for
the discussion forum that brought in Chinese internet giant Tencent
as an investor.
National Enquirer Publisher Reached Out to Justice Department
American Media sought advice last year from the U.S. Justice
Department over whether it should register as a foreign agent in
connection with work the publisher did for Saudi Arabia.
Juniper Networks CIO Reflects on 7-Year Cloud Initiative
It took seven years for Juniper Networks Inc. to move all of its
data and applications from 18 corporate data centers to the cloud,
but Chief Information Officer Bob Worrall said the transition is
paying off.
Gannett Stands Firm in Rejecting Digital First's Takeover Proposal
Gannett said it continues to find a takeover proposal from
Digital First Media inadequate after meeting with representatives
from the hedge-fund backed newspaper chain last week.
(END) Dow Jones Newswires
February 11, 2019 21:15 ET (02:15 GMT)
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