The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * The Justice Department is targeting banks that service a broad range of what it considers questionable financial ventures, including online payday lenders. The government has issued subpoenas to banks and other companies that handle payments for an array of financial offerings, ramping up an investigation that has been under way for several months. ()* Google Inc's Android software continues to steamroll the competition in smartphones, posing bigger problems for companies like Apple Inc and BlackBerry Ltd . According to research firm IDC, Apple's share of the global market slid to 13.2 percent in the second quarter from 16.6 percent in the year earlier period. ()
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 fell by 0.06% or $-0.27/share to $464.98. In the past year, the shares have traded as low as $385.10 and as high as $705.07. On average, 12445500 shares of AAPL exchange hands on a given day and today's volume is recorded at 10673424.
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