Tellurian stock falls after company extends U.S. LNG sale negotiations with Petronet
Tellurian Inc stock dropped on Thursday after the company said it extended the amount of time India’s Petronet LNG Ltd had to finalize an agreement to buy liquefied natural gas (LNG) from Tellurian’s Driftwood plant in Louisiana.
FCC to propose $200 million fines for U.S. cellphone carriers over consumer data disclosures
The U.S. Federal Communications Commission is set to propose fining four major U.S. mobile phone companies at least $200 million in total for improperly disclosing some consumer real-time location data, two people briefed on the matter said on Thursday…
Pandemic fears send investors running as Wall Street confirms correction
(This Feb. 27 version of the U.S. stocks copy has been republished)
Dow suffers record decline in points as Wall Street leads global stocks lower
The Dow industrials posted the largest-ever points drop on Thursday as Wall Street led stocks across the globe lower, with traders fretting over the economic impact of the spreading coronavirus.
Beyond Meat triples sales but shares fall after profit miss
Beyond Meat Inc said on Thursday that fourth-quarter sales tripled, but shares fell 7% in after-hours trading as the company missed earnings expectations and announced that Executive Chairman Seth Goldman will resign.
Facebook to publicly track political sponsored content after Bloomberg’s paid memes
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.
Thyssenkrupp sells elevator unit for $18.7 billion to Advent, Cinven consortium
By Christoph Steitz, Edward Taylor, Matthias Inverardi and Tom Käckenhoff
Mylan quarterly profit beats estimates
Drugmaker Mylan NV reported a fourth-quarter profit on Thursday that beat estimates, helped by sales of new products such as asthma treatment Wixela.
Occidental posts quarterly loss on impairment, charges
Occidental Petroleum Corp reported a quarterly loss on Thursday, as the oil and gas producer took more than $1.7 billion in impairment and other charges.
Beyond Meat’s restaurant, grocery tie-ups more than triple quarterly sales
Beyond Meat Inc said on Thursday it expects full-year sales to grow as much as 71%, after reporting that deals with retailers and restaurants helped to more than triple fourth-quarter sales and substantially narrowed its loss.
