Home sales jump more than 4 percent in January (AP)
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AP - Sales of previously occupied homes rose in January to the highest pace in nearly two years, flashing modest signs of health ahead of the spring-buying season.
Wall Street opens slightly lower (Reuters)
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Reuters - Stocks opened slightly lower on Wednesday, putting the S&P 500's three-day winning streak in jeopardy after weaker-than-expected euro zone economic data.
Citi, UBS provide keys to interest rate-rigging probe: sources (Reuters)
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Reuters - Citigroup Inc and UBS AG , in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest rate, according to people familiar the situation.
Fitch downgrades Greece on debt swap plan (Reuters)
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Reuters - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.



February 22nd, 2012