The SEC got a fresh dressing-down from the judge who rejected its $285 million settlement with Citigroup, as he said the regulator kept him out of the loop on its efforts to salvage the case.
Meanwhile, Verizon scrapped its proposal to charge customersan extra fee for some payment types, citing “customer feedback.”
Google edged slightly higher after Baird raised its price target on the search-engine giant to $760 from $700.
Searsidentified 79 of the 100 to 120 Sears and Kmart stores it said earlier this week it would close, with the list split almost evenly between the two chains.
Standard & Poor's placed Sears' credit rating on review for a possible downgrade, saying the retailer's plan to close at least 100 stores may not do much to improve its performance.
AMR plunged sharply after the NYSE said it will delist the American Airlines parent company's common stock before the opening bell on January 5 following the firm's bankruptcy filing last month.
—Follow JeeYeon Park on Twitter: twitter.com/JeeYeonParkCNBC—
Coming Up Next Week:
MONDAY: New Year's Day observed—All markets closed
TUESDAY: ISM mfg index, construction spending, FOMC minutes
WEDNESDAY: Weekly mortgage applications, Challenger job-cut report, factory orders, auto sales; Earnings from Mosaic
THURSDAY: ADP employment report, jobless claims, ISM non-mfg index, oil inventories, chain-store sales; Earnings from Monsanto
FRIDAY: Non-farm payrolls
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