Citi May Have to Refile Thousands of Forelcosure Affidavits

Citigroup Inc (C) said it may have to refile thousands of foreclosure affidavits.

The bank is reviewing 10,000 affidavits executed before the company overhauled its foreclosure operation in February, Harold Lewis, a managing director with CitiMortgag…

Cablevision May Spin Off Rainbow Unit

Cablevision Systems Corp. (CVC) is considering spinning off its Rainbow unit, which includes cable channels AMC, Sundance and IFC.

The company may spin off the unit to its shareholders as a “tax-free pro-rata distribution,” Cablevision said in a sta…

‘Harry Potter’ Movie Clip Leaked Online

Harry Potter

Call it Harry Potter and the Dodgy Download.

The first 36 minutes of the much-hyped movie “Harry Potter and the Deathly Hallows, Part 1” appeared online on Tuesday, days before the movie is released.

The Internet is a-buzz with theories as to the origins of the leak, with some people saying it may have been a publicity stunt from studio Warner Bros.

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“It may be going a little bit too…

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‘Harry Potter’ Movie Clip Leaked Online originally appeared on DailyFinance on Thu, 18 Nov 2010 08:14:00.

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Sears Earnings: Loss Widens as Sales Decline

Sears called its third-quarter results “disappointing” as losses nearly doubled from last year and revenue decreased 5%, primarily as a result of declines in domestic comparable-store sales.
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Glencore International Considering $10 Billion IPO

Glencore International AG, the world’s largest commodity trader, is considering a $10 billion IPO.

The IPO would be done in London and potentially Hong Kong in the second quarter of 2011, Bloomberg News reported without naming its sources.

Glencor…