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PRESS DIGEST - Wall Street Journal - June 22

Published 2017-06-22, 01:32 a/m
© Reuters.  PRESS DIGEST - Wall Street Journal - June 22
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June 22 (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.

- Oracle Corp (NYSE:ORCL) ORCL.N reported earnings that topped Wall Street's modest forecasts, sending the stock up more than 10 percent in after-hours trading. http://on.wsj.com/2ssIUQF

- Nike Inc (NYSE:NKE) NKE.N has agreed to sell some of its products directly to Amazon.com Inc AMZN.O , a person familiar with the matter said, a concession by the sneaker giant that it can no longer afford to ignore the online retailing behemoth. http://on.wsj.com/2ssXYOu

- Diageo PLC DGE.L agreed to buy actor George Clooney's upscale tequila brand Casamigos for $700 million, part of a larger push by the spirits giant to increase its exposure to the tequila market. http://on.wsj.com/2ssKBxQ

- Sears Canada Inc SCC.TO , which operates more than 200 stores, has hired advisers and is preparing to file for bankruptcy protection in Canada, according to people familiar with the matter. http://on.wsj.com/2st5xEA

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