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U.S. markets news

Bank Of America Settles With Uncle Sam Over Mortgages For Nearly $17B
Bank of America Bank of America is the latest bank to agree to cough up billions for mortgage misdeeds committed before the 2008 financial crisis, reaching a settlement with the U.S.
Bank of America reaches record $17bn settlement over questionable mortgages  The Guardian
Bank of America agrees to historic $17B settlement of mortgage claims  Christian Science Monitor
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July Existing Home Sales Hit Highest Pace Of 2014
Sales of previously-owned homes in July rose for the fourth straight month, hitting their highest pace in 2014, according to data released Tuesday by the National Association of Realtors.
US Existing-Home Sales Up 2.4% in July  Wall Street Journal
Existing Home Sales Rise at Fastest Pace in 10 Months  DailyFinance
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Dollar Tree sales jump, profit slips
Dollar Tree (DLTR) reported a 9.5% jump in second-quarter revenue Thursday as it won crucial support from Family Dollar in its battle to acquire the rival discount retailer.
Dollar Tree Cuts Forecast Amid Expenses to Buy Family Dollar  Bloomberg
Family Dollar To Dollar General: We're Just Not That Into You  Forbes
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Sears CEO: Retailer's Loss, Revenue Decline 'Unacceptable'
Sears Holdings - owner of various Sears brands, Roebuck and Co. as well as Kmart Corporation - reported a 0.8% domestic same store sales decline including a 1.7% decline at Kmart stores.
UPDATE 2-Sears posts loss for 9th straight qtr as sales fall again  Reuters
Sears Holdings Posts First-Half Loss of Nearly $1 Billion  New York Times
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US stocks rise, pushing S&P 500 to intraday record
NEW YORK (MarketWatch) - U.S. stocks advanced Thursday, as the S&P 500 worked for a fourth straight day of gains and set an intraday record.
Wall Street: S&P 500 tops record early today  Buffalo News
At the open: TSX heads lower amid glum euro zone, China data  The Globe and Mail
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Philly Fed, flash PMI point to manufacturing optimism
WASHINGTON (MarketWatch) - Two readings of manufacturing sentiment in August reached their best level in at least three years, further signals that factory output is advancing.
US factory activity expands at fastest pace in over four years in Aug: Markit  Reuters
China PMI points to slowdown in growth  The Australian
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U.S. Mortgage Rates Fall With 30-Year at the 2014 Low
Mortgage rates in the U.S. dropped for a second week, sending 30-year borrowing costs to the lowest point for 2014. The average rate for a 30-year fixed mortgage was 4.1 percent, down from 4.12 percent, Freddie Mac said in a statement today.
Current Mortgage Rates for Thursday August 21, 2014  LoanSafe
Mortgage rates hit 2014 low  WKBT La Crosse
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Russia Steps Up the Pressure on McDonald's
It was a symbol of the thawing of the Cold War and attracted long lines when it opened in 1990. But on Wednesday evening, in what's likely a bout of diplomatic tit-for-tat, the McDonald's in Moscow's Pushkin Square stood empty.
Amid Ukraine tensions, Russia shuts four McDonald's  CBS News
UPDATE 3-After Russia targets McDonald's, businesses wonder who's next  Reuters
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UPS Confirms it Was Hacked
United Parcel Service said in a Wednesday statement that more than 51 of its locations across 24 states, approximately 1% of its more than 4,470 franchise locations in the U.S.
UPS Stores Hit By Computer Virus, Cherry Hill One Of Them.  CBS Local
Data breach at UPS Stores in 24 states  CNNMoney
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Measure of economy's future health posts 0.9 percent rise in July, biggest gain ...
WASHINGTON - A gauge designed to predict the economy's future health posted the sharpest advance in four months in July, indicating the economy is gaining traction headed into the last half of the year.
Leading Economic Indicators Rise by Most in Four Months; Manufacturing ...  Transport Topics Online
US Leading Economic Index Rises More Than Expected In July  RTT News
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