Active Stock News Feb 13th: Exxon Mobil, Alcoa, News Corp, Microsoft

Exxon Mobil (NYSE:XOM): Exxon Mobil won’t be allowed to take part in Iraq’s fourth licensing auction, as it signed deals with the semi-autonomous region in Kurdistan, a spokesman for Iraq’s Deputy Prime Minster for Energy tells the Wall Street Journal.

Alcoa (NYSE:AA): China tells banks to extend maturities on loans to local governments to avoid defaults while central government works on fiscal reform, the Financial Times says.

News Corp (NASDAQ:NWSA): News Corporation (NASDAQ:NWSA) faces increased risk of a broader inquiry by U.S. authorities under America’s foreign corrupt practices act, following arrests of journalists at the corporation’s Sun publication, according to The Guardian.

Microsoft Corporation (NASDAQ:MSFT): Microsoft (NASDAQ:MSFT) has reset user passwords for India store users following a hacker attack earlier today, reports Tech Crunch. In an email to its users, the company said credit card details and payment information were not compromised.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com