NEW YORK - The Dow and the S&P 500 finished lower for the fourth consecutive session on Wednesday after investors found few reasons to make big moves, with uncertainty remaining over when the Federal Reserve will start to slow its stimulus.
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WASHINGTON - The U.S. Justice Department plans to bring mortgage fraud cases against several financial institutions early in 2014, using as a template the case that ended last month in JPMorgan Chase & Co's $13 billion settlement, U.S. Attorney General Eric Holder said on Wednesday. | Video
WASHINGTON - A record-setting 122.5 million U.S. tax returns were filed electronically this year, up from 119.6 million last year, said the U.S. Internal Revenue Service on Wednesday.
NEW YORK - American Airlines is seeking to reprice its $1.9 billion exit financing loan via lead arranger Deutsche Bank, sources told Thomson Reuters LPC. The company aims to reprice the loan to a spread of LIB+300-325, with a 1 percent Libor floor.
LONDON/MADRID - The private equity owner of Applus+ has picked Morgan Stanley and UBS to oversee a stock market listing of the Spanish industrial testing firm, a person familiar with the matter said on Wednesday.
Corporate issuers seem to take Presidents' Day, or at least family ski vacations, quite seriously.
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