Equifax Panel Clears Executives on Trades
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Equifax said a board investigation led by a panel of independent directors largely exonerated four senior executives who sold shares in the days after the company discovered suspicious activity on its systems.
Apple Store Lines Return as iPhone X Debuts
Hundreds of customers lined up in Australia and Singapore, aiming to be among the first in the world to get their hands on the most expensive iPhone ever.
Goldman Retreats From Options as Stock Derivatives Trading Struggles
Waning stock volatility is pressuring the equity derivatives business, suppressing revenue and driving traders out of what was once a key Wall Street moneymaker.
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Societe Generale Profit Falls
Societe Generale reported a 15% in third-quarter profit, hit by low interest rates, a low-volatility environment and litigation provisions.
Air France-KLM Profit Edges Higher
Air France-KLM manage to post a slight increase in third-quarter profit, despite incurring a hefty a pension scheme-related expense.
Fortress Hires Deutsche Hedge Fund Team Amid Legal Complaint
Fortress Investment Group, which has $72.4 billion in assets, has hired a team of hedge-fund managers from Deutsche Bank, two of whom are accused of engaging in a 'nefarious scheme' by another U.S. hedge fund.
CNN to Launch Subscriptions for Digital News
CNN plans to launch subscription offerings for its digital news business next year, part of a broader five-year plan to develop new revenue streams and reach $1 billion in digital revenue by 2022.
Ares Management Profit Growth Slows
Ares Management's third-quarter profit was boosted by an increase in fees, but overall growth slowed as performance-related earnings dropped.
Unilever Looks to Move Beyond Black Tea With Tazo Buy
Unilever's $384 million deal to buy Tazo tea from Starbucks is its biggest move yet in a pivot from slower growing black tea toward higher-growth brands it hopes will help it foster more discerning-and more profitable-tea drinkers.
Treasury Blocks Chinese Bank From U.S. Financial System Over North Korea Ties
The Trump administration officially cut off a small Chinese bank from the U.S. financial system on Thursday, accusing it of helping North Korea develop its illegal ballistic missile program.
(END) Dow Jones Newswires
November 03, 2017 11:15 ET (15:15 GMT)