Realogy rise
Realogy Holdings, parent of Coldwell Banker and Century 21, rose 27 percent in its first day of trading, to $34.20, as investors bet on a housing recovery.
UK scrutiny
Britain’s parliamentary intelligence and security watchdog is scrutinizing Chinese telecom giant Huawei Technologies as concerns mount on both sides of the Atlantic over the potential security threat.
Bank shuffle
JPMorgan Chase CFO Douglas Braunstein is considering leaving his position and may seek a role in the firm’s investment bank.
Oshkosh Carl
Carl Icahn, the billionaire activist investor, offered to buy Oshkosh Corp. for about $3 billion, saying the supplier of military vehicles’ management has failed to deliver on pledges to improve profitability.
Spanish flee
Spanish government bonds are facing a selloff by investors concerned that the nation’s credit rating will be cut to non-investment grade after Standard & Poor’s lowered its ranking for the debt to one level above junk.