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Reuters - The U.S. central bank may yet need to buy more bonds to bolster the weak recovery, but better-than-expected jobs data makes it a "close call," a top Federal Reserve official said on Wednesday.
The Motley Fool - Automated retail solutions provider Coinstar (Nasdaq: CSTR - News) beat Street estimates handsomely in the fourth quarter, and saw its shares spike 13% in extended trading.
The Motley Fool - SanDisk (Nasdaq: SNDK - News) posted healthy revenue of $1.6 billion for the fourth quarter of 2011. However, the company forecast $1.3 to $1.35 billion in revenue for the first quarter, below the $1.46 billion expected by analysts. This resulted in the stock price tanking by 10%.
Reuters - Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday.
Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
Reuters - As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines.
