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U.S. markets news

Sales of US Existing Homes Fell More Than Forecast in November
Purchases of previously owned U.S. homes dropped more than forecast in November as residential real estate struggles to sustain its recovery even as borrowing costs remain low.
Sales of existing homes cool in November  MarketWatch
Nov. existing home sales slow across US  USA TODAY
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Ocwen Chairman to Step Down in Settlement With New York Regulator
Email; Share; Tweet; Save; More. The chairman of Ocwen Financial will relinquish his post as part of the mortgage servicer's broad settlement with New York state's top financial regulator.
Ocwen Financial (OCN) Stock Slumping Today After Reaching DFS Settlement  TheStreet.com
Ocwen executive chairman to resign in $150 million settlement  Reuters
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Kudrin Says Russia Entering Crisis Even as Ruble Rallies
Russia is heading for a �full-fledged� economic crisis, President Vladimir Putin's former finance minister warned, even as the ruble rallied for a second day.
Russia's Ruble Crisis: Everything Has A Price  Forbes
Russian deputy PM talks up the ruble  Rapid City Journal
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Wall Street edges up after three-day run; Gilead slumps
NEW YORK (Reuters) - U.S. stocks were modestly higher on Monday, after the benchmark S&P 500 notched its best weekly performance in nearly two months, as a sharp drop in Gilead Sciences reined in broader gains.
Futures advance after three-day rally; data on tap  The Fiscal Times
US STOCKS-Futures advance after three-day rally; data on tap  Reuters UK
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What UPS Is Doing to Avoid Holiday Mess on Busiest Day of Year
UPS expects to deliver 34 million packages globally today, or 394 packages every second. The company has invested $500 million to avoid last year's failure to deliver millions of packages in time for Christmas.
Crunch Time for FedEx and UPS as Last-Minute Holiday Shipping Ramps Up  New York Times
UPS Will Deliver 34 Million Packages Today, Let's Hope It Goes Better ...  BostInno
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Rate Snapshot: Fed will likely hold rates near zero through first quarter
Early this morning the U.S. stock indexes were trading better, the 10-year note yield at 2.18% +1 bp and at 8:30 30 yr MBS price -14 bps.
History Holds Hard Lesson on Cheap Energy  Wall Street Journal
Time for emerging economies to fasten their seat belts  Irish Examiner
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Phoenix gas prices drop Monday
Phoenix prices dropped again Monday, continuing a downward trend that has two gas stations selling fuel for $1.95 a gallon. Loading� Post to Facebook.
Gas prices expected to stay low for the holidays  DL-Online
Americans saving more than $13M per hour vs. last year's gas prices  Monroe Courier
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Oracle acquiring Datalogix, bolsters cloud marketing/analytics push
Oracle (NYSE:ORCL) is buying Datalogix, a top provider of data used to link online ad campaigns with offline purchases. Terms are undisclosed, but the price is likely substantial - Datalogix has raised over $85M over its lifetime, and was reportedly weighing ...
Oracle Continues March To Cloud Buying Data As A Service Broker Datalogix  TechCrunch
Oracle Buys Ad-Analytics Firm Datalogix  Wall Street Journal
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Russia bank bailout amid rouble woe
Russia has bailed out a mid-sized bank to save it from bankruptcy - a clear sign that the slide in the value of the rouble in the wake of falling oil prices is straining the banking system.
Russian Bank Whose Ads Feature Bruce Willis Gets a Bailout  Wall Street Journal (blog)
Bruce Willis' favorite Russian bank collapses  Hartford Business
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Saudis See Oil Recovery as UAE Urges Non-OPEC Cuts
Saudi Arabia and the United Arab Emirates reiterated pledges to keep pumping the same amount of crude, blaming non-OPEC producers for the glut of oil that's driven prices to the lowest in five years.
Wall St. Rises as Investors Hope for Stability in Oil Prices  New York Times
Oil falls below $61 on supply outlook  CNBC
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