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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

May 24, 2016

Page

3

Quiet Monday as Fed outlook keeps investors on edge

Stocks ended slightly lower amid no major data and near stalemate trading. Energy shares and crude prices slipped while the Dow, S&P 500, and Nasdaq all declined modestly. Bayer’s bid for Monsanto boosted Monsanto briefly.

Fed New York Federal Reserve Standard & Poor Bocome Monsanto Bayer U.S New York Mercantile Exchange Brent London

Tribune Publishing rebuffs Gannett offer as Nant Capital gains stake

Tribune Publishing rejects Gannett’s 15 per share proposal while opening talks and announces a 70.5 million investment from Nant Capital that gives it 12.9 percent ownership and a board seat for Patrick Soon-Shiong. The move shifts power and signals potential negotiation dynamics with Gannett.

Chicago Tribune Publishing Gannett Nant Capital Oaktree Capital Management Nant Patrick Soon-Shiong Tribune Publishing Board Justin Dearborn Soon-Shiong Chicago Tribune Los Angeles Times Michael Ferro Merrick Media Tribune Dearborn Oaktree McLean Va.-based Gannett USA Today Ferro The Sun-Times

Appeals court: Bank of America not liable for fraud

The 2nd U.S. Circuit Court of Appeals in Manhattan ruled Bank of America Corp not liable for fraud related to Countrywide mortgages in 2007 2008. It affirmed the jury verdict that found insufficient evidence of mail and wire fraud and upheld the civil penalty.

NEW York — Bank of America Corp 2Nd U.S. Circuit Court of Appeals Manhattan Countrywide Fannie Mae Freddie Mac U.S Preet Bharara Richard C. Wesley Appeals United States

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