Shyftr Shyftr

Monday, December 22, 2014

Fox Business

Ferrari Braced for Another Hard Year in 2015

16 minutes ago
Ferrari chairman Sergio Marchionne drew a line under a dismal year for Formula One's most glamorous and successful team on Monday but made clear that 2015 would also be a season of struggle.

American Apparel Confirms Takeover Offer, Sets New 'Poison Pill'

19 minutes ago
Struggling American Apparel Inc, which fired controversial Chief Executive Dov Charney last week, said it was evaluating a proposed takeover and announced the appointment of a new head of the board, sending its shares up in early trade.

Existing Home Sales Fall in November

25 minutes ago
Existing home sales dropped 6.1% to an annual rate of 4.93 million units, the lowest level since May, the National Association of Realtors said Monday.

November Existing Home Sales Drop To 4.93 Million Units, Weakest In Six Months

29 minutes ago
Sales of existing homes fell 6.1% in November to a seasonally adjusted annual rate of 4.93 million, the National Association of Realtors reported Monday. by Greg Robb

FINRA Bars Broker For Stealing $89,000 From Elderly Woman

40 minutes ago
A broker has been barred from the securities industry after stealing almost $89,000 from an elderly customer while working for Wells Fargo Advisors, LLC, which is a unit of Wells Fargo & Co. by Eric Garcia

Ocwen Financial's Stock Tumbles After Announcing Settlement With NY DFS

49 minutes ago
Shares of Ocwen Financial tumbled 13% in early trade Monday, after the mortgage services company said in a regulatory filing that it will pay a $100 million civil monetary penalty to the New York Department of Financial Services to settle allegations of improper conduct. by Tomi Kilgore

U.S. Stocks Open Higher Amid Thin Volumes

53 minutes ago
The U.S. stock market began the holiday-shortened week slightly higher on Monday, with sentiment boosted by mergers and acquisitions deals amid thin volumes. by Anora Mahmudova

Chicago National Activity Index Points to Expansion

1 hour 4 minutes ago
Economic growth is expanding in the manufacturing-heavy U.S. Midwest, led by a surge in production, according to a new view of the economic landscape. by Paul Rekoff

Silicon Imaging Investor Engaged Said Company Is 48% To 116% Undervalued

1 hour 7 minutes ago
Silicon Imaging's activist investor Engaged Capital, which said it increased its stake in the semiconductor company to 5.2%, said the company's stock was trading at a 48% to 116% discount based on a sum-of-the-parts analysis. by Tomi Kilgore

Rosneft Calls Off Purchase of Morgan Stanley's Oil Trading Arm

1 hour 11 minutes ago
Russia's top oil producer Rosneft said on Monday that a deal to acquire an oil trading business from Morgan Stanley has been terminated due to a refusal by regulators in the United States to clear it.

Caesars Entertainment to Buy Affiliate to Restructure Debt

1 hour 23 minutes ago
Casino and entertainment company Caesars Entertainment Corp, whose largest operating unit plans to file for bankruptcy, said it would buy affiliate Caesars Acquisition Co in an all-stock deal.

Wall Street Poised to Open Higher After Three-Day Run

1 hour 29 minutes ago
U.S. stocks were poised to open modestly higher on Monday, after the benchmark S&P 500 notched its best weekly performance in nearly two months, as oil prices continued to show signs of stabilizing and ahead of data on the housing market.

American Apparel Received Interest To Acquire The Company

1 hour 39 minutes ago
American Apparel Inc.'s stock rallied 7.5% in premarket trade Monday, after the apparel company said it has received an "indication of interest" to acquire the company for $1.30 to $1.40 a share. by Tomi Kilgore

TerraForm Raises Dividend Five Months After Going Public

1 hour 55 minutes ago
TerraForm Power said it was increasing its quarterly dividend by 20% to 27 cents a share, payable March 16, 2015 to shareholders of record on March. by Tomi Kilgore

Economic Growth Jumps In November, Chicago Fed National Activity Index Shows

1 hour 59 minutes ago
Economic growth improved markedly in November, according to the Chicago Fed national activity index released Monday. by Greg Robb

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