Perrigo Reaches Agreement With Auditor Over Royalty Accounting
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Ernst & Young demanded the Dublin drugmaker adjust its accounting for the multiple sclerosis drug Tysabri after Perrigo sold the royalty rights in a deal worth as much as $2.85 billion.
SunEdison Wins Court Approval for $640 Million in New Financing
A bankruptcy judge on Tuesday helped keep SunEdison's chapter 11 case on track by approving a $640 million financing package the company says it must have to continue operating.
Capital One Earnings Fall as Charge-Offs Increase
Capital One Financial Corp. reported a 20% drop in first-quarter net income from a year earlier as losses jumped for U.S. credit cards and the bank took a bigger provision charge for credit losses.
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América Móvil's Profit Jumps on Exchange Gains
Telecommunications company América Móvil SAB increased its net profit nearly eightfold in the first quarter on solid revenue growth and a rebound in the Mexican peso against the U.S. dollar that led to hefty foreign exchange gains.
AT&T Continues to Lose Subscribers
AT&T Inc. continued to shed wireless and television subscribers in the first quarter of the year as cheaper data plans and cord cutting took a toll.
Verizon, AT&T in Billion-Dollar Bidding War for 5G Spectrum
Verizon Communications has topped AT&T's offer for Straight Path Communications, sparking a bidding war over a tiny company that controls a swath of wireless airwaves thought to be at the forefront of next-generation networks.
Uber Plans to Test Flying Cars Within Three Years
Uber detailed ambitious plans to take to the skies with flying cars, as the ride-hailing company is reeling from a series of controversies including a lawsuit that could impede its crucial self-driving vehicle initiative.
Google Retools Search Engine to Demote Hoaxes, Fake News
Google is retooling its powerful search engine to prevent sites peddling fake news, hoaxes and conspiracy theories from appearing in its top results.
Chipotle Posts First Same-Store Sales Increase in a Year
The restaurant chain swung to a first-quarter profit of $46.1 million, or $1.60 a share, compared with a loss of $26.4 million in the year-ago period.
Ford Earnings: What to Watch
Ford Motor Co. reports first-quarter earnings before the market opens Thursday. The auto maker is expected to post earnings of 36 cents a share, compared to 68 cents a year ago, according to analysts
(END) Dow Jones Newswires
April 25, 2017 21:15 ET (01:15 GMT)