Dow Jones Top Company Headlines at 3 AM ET: Anglo American to Sell Steelmaking Coal Assets to Dhilmar for Up to $3.875 Billion | AstraZeneca ...

MorningStar
2026.05.18 07:30
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Anglo American plans to sell its steelmaking coal assets to Dhilmar for up to $3.875 billion, completing its exit strategy. AstraZeneca received U.S. approval for its hypertension drug, Baxfendy, expected to generate over $5 billion in revenue. Activist investor Elliott has increased its stake in Bio-Rad, while Apple continues to profit from devices using lower-performing chips. Samsung is in negotiations to avoid a strike, and Tesla has raised prices on some Model Y trims by $1,000.