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News Highlights: Top Company News of the Day

11/03/2020 | 09:16am EST
Ant IPO Postponed by Shanghai Stock Exchange 

The exchange postponed the financial-technology giant's blockbuster offering a day after regulatory agencies summoned Jack Ma, the company's controlling shareholder, and top executives to a closed-door meeting.

Bayer Posts Third-Quarter Loss on Agriculture Woes 

Bayer's loss highlights how the coronavirus pandemic compounded problems the German chemical and drug giant has been facing since its acquisition of agriculture giant Monsanto just over two years ago.

Humana Logs 3Q Profit but Sees a 4Q Loss 

Humana posted a third-quarter profit on higher revenue year over year, but said it expects a fourth-quarter loss as utilization levels normalize following lows reached during the coronavirus pandemic

Gannett Pushes Digital Subscriptions as 3Q Loss Widens 

The publisher of USA Today, the Arizona Republic, the Detroit Free Press and other newspapers said it surpassed one million digital subscribers in the third quarter but reported a wider loss and continued to face pressure on its print-advertising business.

Aramco Sticks by $18.75 Billion Dividend, Despite Sharp Fall in Profit 

Saudi Aramco, the world's largest oil producer, said it remains committed to paying its quarterly dividend, amounting to $18.75 billion every three months, despite a sharp drop in profit driven by lower crude prices.

BNP Paribas Profit Steady as Trading Booms 

The French bank's net profit held steady in the third quarter as income from trading securities offset a decline in retail banking earnings.

Big Tech Enlists Hollywood to Boost Adoption of Enhanced Reality 

Silicon Valley's biggest companies are snapping up the people and technology behind some of Hollywood's blockbusters in an effort to improve their augmented- and virtual-reality offerings.

Twitter's Jack Dorsey Survives Scrutiny From Activist Investor 

Jack Dorsey's job as CEO of Twitter appears safe. Twitter said in a securities filing on Monday that a board committee formed this spring recommended that the current management structure remain in place.

Mondelez's Sales in Emerging Markets Bounce Back 

The snacks-and-candy maker reported a nearly 5% rise in global sales, aided by a rebound in some emerging markets after coronavirus lockdowns had crimped sales earlier in the year.

News Networks Prepare for Election That Goes Beyond Election Day 

Giving viewers a picture of the race will be more challenging than ever because of the various ways votes are being cast and when they are being counted.

(END) Dow Jones Newswires

11-03-20 0915ET

Stocks mentioned in the article
ChangeLast1st jan.
BAYER AG -1.60% 52.84 Delayed Quote.11.51%
HUMANA INC. 0.71% 414.3 Delayed Quote.-0.72%
LONDON BRENT OIL 0.81% 56.12 Delayed Quote.8.20%
SAUDI ARABIAN OIL COMPANY 0.29% 34.9 End-of-day quote.-0.29%
SHANGHAI STOCK EXCHANGE B SHARES INDEX 0.31% 251.1991 Real-time Quote.2.85%
SQUARE, INC. -2.71% 220.64 Delayed Quote.4.14%
WTI 0.43% 53.172 Delayed Quote.10.35%
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