News Corp.’s Former Journalists FACE Charges and 2 Hot Stocks Attracting Attention
Wal-Mart (NYSE:WMT) may throw a spanner in the works on merchants’ proposed $7.25 billion settlement with Visa (NYSE:V) and Mastercard (NYSE:MA) regarding swipe charges – it recommends merchants turn down the settlement as the deal “would not structurally change the broken market or prohibit credit card networks from continually increasing hidden swipe fees.”
Peabody Energy (NYSE:BTU) says Q2 sales volumes are 57.4 million tons, in line with last year, with lower U.S. production balanced by increased trading volumes and from Australia. Q3 guidance misses analysts expectations – EPS is seen at $0.20-0.45 against $0.65 foreseen by analysts.
Seven former journalists at News Corp.’s (NASDAQ:NWSA) News of the World paper, including Rebekah Brooks and Andy Coulson, and a private detective will face 19 charges of conspiracy to intercept communications during the period 2000-2006.
Don’t Miss: Can Steaming Hot Baidu Sustain Its Pace?