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PRESS DIGEST - Wall Street Journal - Oct 12
2016年10月12日 / 凌晨4点16分 / 1 年前

PRESS DIGEST - Wall Street Journal - Oct 12

Oct 12 (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.

- General Electric Co is buying LM Wind Power, a manufacturer and supplier of rotor blades to the wind industry, for $1.65 billion.

- Inc is pushing deeper into the grocery business with plans to introduce convenience stores as well as curbside pickup locations, say people familiar with the matter.

- Boeing Co said Tuesday that it has delayed the first manned flight of its new space taxi for the second time this year and could take a financial charge against the program as early as its third-quarter results.

- St. Jude Medical Inc warned Tuesday that a battery malfunction could cause hundreds of thousands of its implanted heart defibrillators to quickly lose power and stop functioning.

- Aluminum maker Alcoa Inc cut its forecast for its aerospace-focused division and reported a decline in revenue, sending its shares tumbling and underscoring challenges facing the company as it prepares to split into two firms.

- Sprint Corp is preparing to mortgage a little more than 10 percent of its wireless airwaves to raise needed cash to fund its business, according to several people familiar with the matter.

- Wells Fargo & Co's top brass laid out the bank's strategy to move past its sales-tactics scandal on an hour-long call Monday with around 500 senior executives, according to a recording of the call reviewed by The Wall Street Journal.

- Buffalo Wild Wings Inc said Tuesday that two board members were resigning and that three new ones were replacing them, as the company continues to face activist-shareholder pressure.

- Samsung Electronic Co on Tuesday said it would permanently halt production of the Galaxy Note 7 smartphone, just one month after issuing a recall of the device over complaints that batteries were prone to overheat and cause fires.

- Google has acquired FameBit, a technology startup that helps marketers connect with digital influencers, in an effort to bolster branded content deals in online video, including on Google's video platform YouTube.

Compiled by Subrat Patnaik in Bengaluru

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