News Highlights: Top Company News of the Day
January 04 2024 - 5:15PM
Dow Jones News
Walgreens' stock turns sharply lower after dividend halved to bolster cash flow
Walgreens Boots Alliance's stock rallied Thursday, after the
drugstore chain and healthcare services company beat fiscal
first-quarter earnings expectations, and nearly halved its dividend
to bolster its cash position.
Supermarket Giant Drops Pepsi and Lay's Over Price Increases
Carrefour stopped selling PepsiCo products in France, Italy,
Spain and Belgium because of what it called unacceptable price
increases.
Rocket Cos. Hires Former Airbnb CMO Jonathan Mildenhall as Its CMO
The marketing veteran will be responsible for creating a more
unified voice for the company's businesses.
Octopus Energy Has Texas-Size Ambitions
Britain's biggest electricity retailer is using AI in its
Uber-like approach to overcome the intermittence of wind and solar
power.
DocGo CEO Defends Performance on New York City Migrant-Care Contract
DocGo Chief Executive Lee Bienstock is standing by the
mobile-healthcare company's performance under a controversial
migrant-care contract awarded by New York City.
Health Insurers Invest in Digital to Boost Drug-by-Mail Delivery
Most people still pick up prescriptions at their local
drugstore. More and more insurance companies want to just mail
medications-and are working on their apps to make that happen.
You Can Now Get Weight-Loss Drugs Right From Eli Lilly
The pharmaceutical company, maker of anti-obesity medicine
Zepbound, has started a new online service for getting
prescriptions and deliveries.
Covid-19 Treatment Developer Humanigen Files for Bankruptcy
California-based company says FDA's rejection of lenzilumab is a
major cause of its financial troubles.
Peloton Partners with TikTok for Workout Content Hub
Peloton Interactive has entered an exclusive partnership with
TikTok to create a workout content hub on the popular short-form
video platform.
Conagra's stock drops as Q2 revenue and 2024 outlook fall short of analyst estimate
Food giant cites "challenging" economy despite lower inflation
impact.
(END) Dow Jones Newswires
January 04, 2024 17:00 ET (22:00 GMT)
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