Financial News Digest: Reuters, WSJ, NYT, FT, Bloomberg

Investing

Published: June 3, 2013 6:29 am

Factory orders in China, Taiwan and South Korea are off as exports taper down. (Reuters)

The federal government starts its case against Apple Inc. (NASDAQ: AAPL) made on the basis of e-book price fixing. (Reuters)

Goldman Sachs Group Inc. (NYSE: GS) becomes part of the debt consortium for Alibaba as the Chinese company readies an initial public offering. (Reuters)

ARM Holdings PLC (NASDAQ: ARMH) will release a new chip for portable devices as its continues to compete with Intel Corp. (NASDAQ: INTC). (Reuters)

Increases in Treasury yields hurt the value of dividend stocks. (WSJ)

Dell Inc. (NASDAQ: DELL) will sell laptops that have functions similar to tablets. (WSJ)

SAC Capital Advisors may lose $3.5 billion in investments because of insider trading concerns. (WSJ)

Under Armour Inc. (NYSE: UA) will do more to compete with Nike Inc. (NYSE: NKE) and Adidas overseas. (WSJ)

China benefits from the revived oil industry in Iraq. (NYT)

Apple begins to set deals to create an Internet radio business. (NYT)

Google Inc. (NASDAQ: GOOG) may pass Apple in app downloads as Android gains share. (FT)

Microsoft Corp. (NASDAQ: MSFT) will cut the price of Windows for small tablets to better compete with Apple. (Bloomberg)

The International Air Transport Association expects airline profits to rise 20% this year because of better seat management. (Bloomberg)

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