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PRESS DIGEST - Wall Street Journal - Jan 8

Published 2016-01-08, 01:37 a/m
© Reuters.  PRESS DIGEST - Wall Street Journal - Jan 8
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Jan 8 (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.

- Saudi Arabia is said to be considering offering a small
slice of its state-owned oil company, Saudi Arabian Oil Co., in
an initial public offering that could raise billions of dollars
for the government at a time when global oil prices continue to
slide. (on.wsj.com/1PN3UWf)

- Apple AAPL.O shares closed below $100 for the first time
in 15 months, gripped by Thursday's sharp market decline and
signs of slowing growth in the two pillars of the company's
recent success: the iPhone and China. (on.wsj.com/1OehtLQ)

- United Continental Holdings Inc UAL.N on Thursday said
its CEO Oscar Munoz was in good health following a heart
transplant and gave details regarding his contract in a
regulatory filing. (on.wsj.com/1PRvOSO)

- Walgreens Boots Alliance Inc WBA.O is defending its
recent agreement with drugmaker Valeant Pharmaceuticals (N:VRX)
International Inc VRX.TO , saying the arrangement will result
in lower costs for customers and could even be used as a model
for future deals. (on.wsj.com/1ZR3Byr)

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