Athens has asked for a delay of the loan repayment due today, according to Bild. They also report that Greece still intends to repay the IMF.
U.S. stocks rebounded Tuesday from their biggest one-day loss of the year, as a last-minute diplomatic scramble got under way to keep Greece from defaulting on its debt payments.
Just when you think a biotech bear market is about to descend, the bulls come rushing in. News of a Greek default depressed markets yesterday and was only compounded by fears of a potential default by Puerto Rico.
Apollo Education Group Inc., owner of the University of Phoenix, slid as much as 16 percent after it lowered profit and revenue forecasts and said enrollment will fall by 50,000 next year.
Recent headlines have focused on Governor Alejandro Garc�a Padilla's latest remarks that the debt is not payable. While it may have been a surprise to many in the U.S.