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PRESS DIGEST- Wall Street Journal - Dec 29

Published 2015-12-29, 12:04 a/m
© Reuters.  PRESS DIGEST- Wall Street Journal - Dec 29
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Dec 29 (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.

- Valeant Pharmaceuticals International Inc (N:VRX) VRX.TO VRX.N
said Chief Executive Michael Pearson (L:PSON) is on medical leave after
being diagnosed with severe pneumonia, reigniting investor
concerns about the troubled drugmaker. (

- Lemmy Kilmister, long an indomitable force in hard rock
who led the band Motörhead for 40 years, died Monday, according
to a statement posted on the band's official Facebook (O:FB) page. The
band's singer, bass player and lead songwriter had turned 70 on
Christmas Eve. The cause of death was "an extremely aggressive
cancer," the band said.

- Billionaire investor Carl Icahn raised his bid for Pep
Boys-Manny, Moe & Jack PBY.N to value the automotive parts and
repair chain at $1 billion, topping last week's sweetened merger
pact with Bridgestone Corp 5108.T .

- After violent winter weather killed at least 43 people
this past weekend, the first winter storm of the season
threatened to unleash more flooding in the Midwest and icy
conditions in parts of the Northeast.

- Venture capitalist Bill Gurley is stepping down from the
board of GrubHub Inc GRUB.N amid mounting competition - and
growing potential for conflicts of interest - in the business of
food delivery.

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