Aug 21- Citigroup Inc has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the U.S. Securities and Exchange Commission, the Wall Street Journal reported.» Read More
NEW YORK/ LOS ANGELES, Aug 21- A clutch of states including California, New York and Illinois will share in a mini-bonanza from the $16.65 billion settlement agreed by Bank of America Corp on Thursday.
NEW YORK— Aeropostale Inc. on Thursday reported a fiscal second-quarter loss of $63.8 million, and its shares fell in extended trading after the company forecast a bigger-than-expected loss for the current quarter.
Aug 21- Home Depot Inc named retail industry veteran Craig Menear as its chief executive, four months after he was appointed as head of the home improvement chain's U.S. retail business. Menear, 56, joined Home Depot in 1997 as a merchandising manager.
CALGARY, Alberta, Aug 21- Enbridge Inc, Canada's largest pipeline company, might be able to circumvent a delay in U.S. approvals for plans to nearly double the size of its Alberta Clipper line taking oil sands crude to the Midwest, saying it can put the oil in another pipeline to cross the border.
SANTA CLARITA, Calif.— The couple whose selfie was snapped with a Southern California burglary victim's phone has been identified, authorities said Thursday. Investigators have not released the man's name, but Larry Beltran Jr. told KNBC-TV that he and his girlfriend are the people in the photo.
Average U.S. rates on long-term fixed mortgages declined this week, with the 30- year loan rate hitting its 52- week low.
The agricultural losses are largely in corn and beans, basic staples of the region's diet, the United Nations' World Food Program and the Food and Agriculture Organization said in a joint statement.
Aug 21- The holders of $5.2 billion of Detroit water and sewer revenue bonds turned in only 28.34 percent of the debt for repurchase before Thursday's expiration of the city's tender offer, according to tender agent data. Robert Apfel, Bondholder Communications president, said official results would be announced by Detroit on Friday.
DETROIT, Aug 21- Chrysler Group is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals General Motors and Ford Motor Co in replacing steel body panels with aluminum until a complete redesign after 2020, industry sources told Reuters.
Delta Air fell$. 61 or 1.5 percent, to $39.91. JetBlue Airways Corp. fell$. 26 or 2.0 percent, to $12.47. Southwest Airlines Co. fell$. 33 or 1.0 percent, to $31.24.
Caterpillar rose$. 27 or. 3 percent, to $107.97. Deere& Co. rose$. 34 or. 4 percent, to $86.21. Terex fell$. 08 or. 2 percent, to $37.51.
DR Horton fell$. 09 or. 4 percent, to $21.80. Hovnanian Enterprises Inc. fell$. 04 or. 9 percent, to $4.28. Lennar Corp. rose$. 02 or. 1 percent, to $39.02.
Becton, Dickinson& Co. fell$. 11 or. 1 percent, to $117.53. Covidien rose$. 23 or. 3 percent, to $89.02. PerkinElmer fell$. 03 or. 1 percent, to $45.12.
NEW YORK— Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. fell$. 23 or. 4 percent, to $53.07. DuPont Co. rose$. 08 or. 1 percent, to $66.30.
Aflac Inc. rose$. 08 or. 1 percent, to $61.01. American International Group rose$. 71 or 1.3 percent, to $55.58. MBIA fell$. 01 or. 1 percent, to $10.28.
NEW YORK— Shares of some top drug benefits companies were mixed at the close of trading:. CVSCaremark fell$. 63 or. 8 percent, to $78.98. Express Scripts Holding Co. rose$. 48 or. 6 percent, to $75.35.
Alliance Bancorp Inc.: Approximately 100 shares changed hands, a 98.6 decrease from its 65- day average volume. The shares rose$. 12 or. 8 percent to $15.87. Asure Software Inc.: Approximately 100 shares changed hands, a 97.9 decrease from its 65- day average volume.
Ford Motor Co. fell$. 01 or. 1 percent, to $17.40. General Motors Co. rose$. 07 or. 2 percent, to $34.60. Honda Motor Co. rose$. 64 or 1.9 percent, to $34.73.
Coca-Cola Co. rose$. 16 or. 4 percent, to $41.41. Dr Pepper Snapple rose$. 22 or. 4 percent, to $61.14. Molson Coors Brewing Co. fell$. 20 or. 3 percent, to $74.49.
American Express Co. rose$. 65 or. 7 percent, to $89.14. Capital One Financial Corp. rose$. 77 or 1.0 percent, to $81.69. Discover Financial Services rose$. 32 or. 5 percent, to $62.44.