PRESS DIGEST - Wall Street Journal - Jan 5

martes 5 de enero de 2010 06:59 CET

Jan 5 (Reuters) - The following were the top stories in The Wall Street Journal on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

* Apple Inc (AAPL.O: Cotización) plans to unveil a multimedia tablet later this month, but doesn't plan on shipping the product until March. The device is expected to have a 10-inch to 11-inch touch screen.

* U.S. manufacturing expanded in December at its fastest pace in more than three years. Surveys in Asia and Europe also showed expansion quickening.

* Novartis AG NOVN.VX said it would pay Nestle SA NESN.VX $28.1 billion as part of its long-running bid to acquire Alcon Inc ACL.N, a U.S. eye-care company, culminating in the biggest takeover in Swiss corporate history.

* Morgan Stanley (MS.N: Cotización) named Jonathan Pruzan and Eric Bischof co-heads of its financial institutions group among other executive appointments.

* General Electric Co (GE.N: Cotización) is realigning the industrial business formerly part of the division that makes appliances and light bulbs.

* H&R Block Inc (HRB.N: Cotización) will refund as much as $19.4 million in fees to customers as part of a settlement that resolves a lawsuit over its Express IRA product.

* Toyota Kirloskar Motor Pvt Ltd --the Indian unit of Japan's Toyota Motor Corp (7203.T: Cotización) -- unveiled Tuesday the concept of its small car, Etios, at the Auto Expo in New Delhi.

* Kia Motors America (000270.KS: Cotización) and Microsoft Corp (MSFT.O: Cotización) are partnering to provide a new system that will allow drivers and passengers to make phone calls and control a car's audio system through voice commands.   Continuación...