Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
UK regulators have cleared Rupert Murdoch’s 21st Century Fox (FOX-A) in its bid to buy Sky. The takeover has been held-up since 2016, as politicians debated whether it will give Murdoch too much influence over broadcasting in Britain. Today’s news doesn’t mean the deal is done though. Sky could still pick Comcast, which has launched a competing bid.
A new drug is helping give new energy to pharma company Mylan (MYL). The FDA has approved the medication designed to treat cancer patients with low white blood cell counts. The drug will help Mylan compete directly with Amgen, which makes a similar treatment. Mylan says it plans to launch the drug in coming weeks.
United (UAL) is trying out big changes in how you get on a plane. The airline is experimenting with simplified boarding – including getting rid of most “boarding groups.” Instead, there will be just two groups, priority and everyone else. They’re currently trying it out Chicago’s O’Hare, Houston and LAX, and if it goes well the program will expand to other airports.
Boeing (BA) is reportedly in talks for a huge order from China. Bloomberg says the plane maker is negotiating with China Aircraft Leasing Group Holdings Limited for an order of up to 200 planes. The leasing company says demand for flights is soaring in Asia, and it has to expand its fleet. They’re also reportedly talking with Airbus about filling the order.