PRESS DIGEST - Wall Street Journal - Sept 22

Sept 22 (Reuters) - The following were the top stories in The Wall Street Journal on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

* Deutsche Bank AG (DBKGn.DE) Chairman Clemens Boersig had more-detailed knowledge of the bank's 2006 effort to spy on a litigious shareholder than previously known and was briefed on the operation, according to a confidential report reviewed by The Wall Street Journal.

* Cadbury Plc's CBRY.L chief executive acknowledged a combination with Kraft Foods Inc (KFT.N) makes "some strategic sense" while his company separately asked the U.K. takeover regulator to put Kraft on notice that the suitor must formalize its bid soon.

* Seeking to replenish capital depleted by souring real-estate investments, many insurers have cut back on sales and raised prices on life insurance, much as banks have reduced lending and raised fees to customers to rebuild their cash cushions.

* Dell Inc (DELL.O) agreed to buy Perot Systems Corp (PER.N) for $3.9 billion, paying a fat premium to play catch-up with big tech rivals that have been using the recession to expand beyond their traditional businesses.

* As part of its push to expand its retirement business, Putnam Investments on Tuesday will unveil 10 target-date funds with an "absolute return" twist.

* Harbinger Capital Partners has sold five million shares of New York Times Co (NYT.N), unloading a chunk of its 20 percent stake in the publisher at a significant loss.

* Facebook Inc plans to announce a deal with online measurement company Nielsen Co, in a step to address advertisers' frustration with measuring how ads perform on the social network.

* China Investment Corp is spending $850 million to buy a stake in a major commodities trader, Noble Group Ltd (NOBG.SI), the latest move by China's sovereign-wealth fund into the resources sector.

* The Federal Reserve won't meet the U.S. Treasury's Oct. 1 deadline to prepare a broad review of the central bank's structure and governance, a Federal Reserve official said.

* Dow Jones & Co said it plans to close the Far Eastern Economic Review, bringing down the curtain on the 63-year-old magazine as the company redirects resources to its other news outlets in Asia.

* American International Group Inc (AIG.N) is showing signs of stabilizing, but it is too early to tell whether the insurance giant can restructure its businesses and repay taxpayers, a government watchdog concluded.