PRESS DIGEST - Wall Street Journal - April 26
April 26 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
MADRID, March 25 Shares in Spain's largest rescued lender Bankia dropped 41.04 percent to 0.148 euros shortly after opening on Monday after the country's bank restructuring fund valued them at 0.01 euro on Friday night.
The shares, which began trading more than an hour after the market opened because demand could not match supply, lost more than 46 percent at the open. Shares briefly fell by as much as 52 percent before recovering slightly.
The new valuation was imposed by the European Union as Bankia prepares to get a capital injection of 10.7 billion euros out of European rescue funds. ($1 = 0.7694 euros) (Reporting by Julien Toyer; Editing by Paul Day)
CHICAGO, April 26 Tyson Foods Inc, the biggest U.S. chicken company, said on Wednesday it may raise wages again for workers at all of its poultry plants, a sign of an intensifying battle for employees in a tightening labor market.