The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Morgan Stanley plans to claw back some of the pay it owes a trader who pleaded guilty last week to a federal wire fraud charge for misleading his former employer, Goldman Sachs Group Inc, according to people familiar with the case. ()* J.C. Penney Co Inc dumped Ron Johnson, the chief executive it poached from Apple Inc with great fanfare 17 months ago, replacing him midway through a major overhaul of its stores that has produced a disastrous drop in sales. ()
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL traded higher by 0.71% or $3.01/share to $426.21. In the past year, the shares have traded as low as $419.00 and as high as $705.07. On average, 18453800 shares of AAPL exchange hands on a given day and today's volume is recorded at 10752106.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding and a financial holding company. Shares of GS traded higher by 0.09% or $0.13/share to $143.82. In the past year, the shares have traded as low as $90.43 and as high as $159.00. On average, 4494910 shares of GS exchange hands on a given day and today's volume is recorded at 2909046.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 0.83% or $0.18/share to $21.74. In the past year, the shares have traded as low as $12.26 and as high as $24.47. On average, 21010800 shares of MS exchange hands on a given day and today's volume is recorded at 14264012.
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