News Highlights: Top Company News of the Day

10/06/17 05:15 AM EDT
Facebook Cut Russia Out of April Report on Election Influence 

Facebook cut references to Russia from a public report in April about manipulation of its platform around the presidential election because of concerns among the company's lawyers and members of its policy team, according to people familiar with the matter.

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 Inc., eBay Inc. and other tech companies is the latest to cash in on a renewed interest among investors in technology IPOs.

Bayer Ends Phase 3 Study on Xarelto 

Bayer has stopped a phase 3 study early for the use of blood-thinning drug Xarelto, saying it showed no improved efficacy compared with another treatment using aspirin.

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 is pursuing an acquisition of water-filtration company Evoqua Water Technologies, which is laying the groundwork for an IPO, 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.

Dannon Ends Ad Deal With Panthers' Cam Newton After Sexist Comment 

Yogurt-maker Dannon Co. was shocked and disheartened by the comments by Cam Newton and has ended its ad deal with the athlete.

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


(END) Dow Jones Newswires

October 06, 2017 05:15 ET (09:15 GMT)

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