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News Highlights : Top Company News of the Day

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07/11/2018 | 11:16pm CEST
Broadcom Nears Deal to Buy CA Technologies for About $18 Billion 

Broadcom is nearing a deal to buy software company CA Technologies for about $18 billion.

Comcast Expected to Raise Sky Offer, After Fox Sweetened Bid 

The battle for control of European pay-TV giant Sky is coming to a head and could affect the broader fight between Comcast and Disney to acquire most of 21st Century Fox's entertainment assets.

ZTE Poised to Resume Business With U.S. Suppliers 

Chinese telecom ZTE was poised to resume business with its U.S. suppliers as the last major hurdle of the deal President Trump made to save the firm had been cleared.

Twitter Follower Numbers to Drop as It Removed Locked Accounts 

Twitter is subtracting some accounts it has flagged for suspicious activity from the follower numbers of its users, part of the social-media company's efforts to clamp down on abusive activity.

Papa John's Founder Fumbles the Ball Again 

Papa John's needs to distance itself from its controversial former CEO and largest shareholder.

Cedar Fair Reports Slower-Than-Expected Start to Key Season 

Theme-part operator says revenue and guest visits are down from the start of the year through July 8, a period representing about 40% of its total operating days for 2018.

NYSE Opposes Trading-Fee Review, Pitting Companies Against Some Shareholders 

The New York Stock Exchange's opposition to a regulatory review of trading fees has put listed companies including Apache, Halliburton and Home Depot at odds with some of their biggest shareholders.

Guggenheim Agrees to Buy Millstein & Co. 

Guggenheim Partners has agreed to buy Millstein & Co., the advisory firm led by famed restructuring banker Jim Millstein, people familiar with the matter said.

Morgan Stanley Executive Departs After Harassment Claims 

A Morgan Stanley executive overseeing brokers who catered to celebrities left the firm this week after several employees claimed harassment at branches he managed in Los Angeles.

Pfizer to Reorganize Business Units 

Pfizer is organizing itself into three different businesses as it continues to mull the future of its over-the-counter medicines unit.

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