Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

PRESS DIGEST - Wall Street Journal - Dec 28

Published 28/12/2016, 04:06 pm
Updated 28/12/2016, 04:10 pm
© Reuters.  PRESS DIGEST - Wall Street Journal - Dec 28

Dec 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Three Chinese traders earned more than $4 million in illegal profits after they hacked into the computer systems of prominent U.S. law firms and stole non-public information on mergers and acquisitions, U.S. prosecutors said. http://on.wsj.com/2hrE2Gl

- Airbus Group SE AIR.PA for the second time this year is cutting production plans for its flagship A380 superjumbo and now faces the prospect of losing money on the plane again already next year. http://on.wsj.com/2hrALXg

- BP Plc BP.L has agreed to buy the Australian fuels business of Woolworths Ltd WOW.AX for 1.79 billion Australian dollars ($1.29 billion), in the latest move by the British oil company to rebuild following the deadly Deepwater Horizon disaster. http://on.wsj.com/2hrCf3H

- Shopping malls across the United States were taking additional security precautions Tuesday following a string of disturbances the day after Christmas that resulted in minor injuries, evacuations and scores of arrests. http://on.wsj.com/2hrBLL8

- Volkswagen AG's VOWG_p.DE financing arm has acquired a Canadian mobile payments company, the latest move by a carmaker investing heavily to compete in a mobility arms race that is heating up in the auto industry. http://on.wsj.com/2hrxbMM

- South Korea's antitrust watchdog fined Qualcomm Inc QCOM.O $852.9 million for alleged antitrust law violations as the U.S. chip maker faces global scrutiny over its patent-licensing business. http://on.wsj.com/2hrIjJL

- Panasonic Corp 6752.T said it expects to invest more than 30 billion yen ($255.10 million) in a Buffalo, New York, plant that will make photovoltaic cells and modules for Tesla Motors Inc TSLA.O . http://on.wsj.com/2hrEgx1

($1 = 1.3887 Australian dollars) ($1 = 117.6000 yen)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.