2-27-18 2:47 AM EST | Email Article

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (February 27, 2018).

Fidelity is weighing an overhaul of its stock-picking unit, including scrapping its star-manager system, following allegations of sexual misconduct.

The Dow and S&P 500 rallied, led by financial and tech shares. The industrials climbed 399.28 points, or 1.6%, to 25709.27.

Microchip Technology is in advanced talks to buy Microsemi in what would be the latest in a wave of deals sweeping the semiconductor industry.

GE is overhauling its board as the conglomerate attempts to restructure under its new CEO.

Qualcomm said it saw progress in deal talks with Broadcom but that price remains a sticking point.

New-home sales fell 7.8% in January after declining in December. Analysts blamed the weather.

Weinstein plans to file for bankruptcy after talks to sell the studio ended.

The justices are set to hear arguments on whether emails stored overseas are subject to U.S. warrants.

UPS is suing the EU for $2.15 billion over the bloc's veto of the delivery firm's planned deal with TNT.


(END) Dow Jones Newswires

February 27, 2018 02:47 ET (07:47 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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