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Home>News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day


 Yum China Looks to KFC For Next CEO 

Yum China Holdings is turning to its KFC leadership for its next chief executive, tapping the one-time president of KFC China to take the reins next year.

 Ammo Maker Vista Outdoor Names New CEO 

Firearm and ammunition maker Vista Outdoor Inc. tapped Christopher Metz, the former head of a recreational-vehicle company, to be its next leader.

 Data-Center Firm Switch Prices IPO Above Range 

The data-center company that powers businesses of Amazon.com Inc., eBay Inc. and other tech companies is the latest to cash in on a renewed interest among investors in technology IPOs.

 Shareholders Approve Ensco-Atwood Oceanics Merger 

A majority of shareholders of both Ensco PLC and Atwood Oceanics Inc. gave the green light to an all-share merger of the two offshore-drilling companies.

 Honeywell Pursues Acquisition of Evoqua Water Technologies 

Honeywell International Inc. is pursuing an acquisition of water-filtration company Evoqua Water Technologies, which is laying the groundwork for an initial public offering, according to people familiar with the matter.

 TransCanada Nixes Two Pipelines 

TransCanada Corp'. s decision to end development of two Canadian energy pipelines is another setback for Canadian energy producers, who have been clamoring to get their landlocked oil and gas to markets in Europe and Asia and reduce dependence on the U.S.

 Corona is the New King of Beers 

Constellation Brands, the U.S. distributor of Corona and Modelo, reported a 13% jump in beer sales in the summer months

 Penn National, Pinnacle Entertainment Consider Merger 

Penn National Gaming has been in merger discussions with rival casino operator Pinnacle Entertainment, according to people familiar with the matter.

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