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John Fillio

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IN, Indianapolis, 7924 Evanston Rd, 46240

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Fairfax's Watsa Raises RIM Stake to Nearly 10%
Canadian investor Prem Watsa, dubbed the "Warren Buffett of the North," has nearly doubled his company's stake in embattled BlackBerry maker RIM to just under 10%, according to a regulatory filing.
J.C. Penney Gets $248 Million for Two Million Units of Simon Subsidiary
Stock is up 1.4% in down market -Units convenient target for cash -J.C. Penney will hold 205,000 in Simon unit after deal In a drive to raise cash, J.C. Penney Co. (JCP) has picked some low-hanging fruit by selling a long-held investment in shopping-mall landlord Simon Property Group Inc. (SPG) for
Twin Takeovers To Give China Significant UK North Sea Oil Output
Two state-backed Chinese companies said Monday they have agreed to $16.6 billion of acquisitions that would give them roughly an 11% share of the U.K.'s oil and gas production, dramatically expanding the Asian giant's presence in the country's resource sector.
BofA Touts Chip Technology for Credit-Card Customers
Bank of America Corp. (BAC) is throwing its muscle behind a credit-card technology aimed at cutting down on hassles U.S. cardholders may encounter when trying to make purchases while traveling abroad.
CME Exploring Use of Clearinghouses to Hold Client Funds
CME Group Inc. (CME) is looking into using its clearinghouse as a depository for the money that ranchers, power companies and asset managers use to trade futures markets, according to a letter sent Monday by the company to its customers.
Colombian Stocks Fall on Global Worries; Peso Retreats
Colombian stocks were down 1.37% in morning trading Monday, tracking a global sell-off linked to jitters over Spain's higher borrowing costs.
J.C. Penney Receives $248 Million for 2 Million Units of Simon Subsidiary
In a drive to raise cash, J.C. Penney Co. (JCP) has picked off some low-hanging fruit by selling a long-held investment in shopping-mall landlord Simon Property Group Inc. (SPG) for $248 million. The retailer disclosed Monday that Simon Property, the nation's largest shopping-mall owner, redeemed 2
U.S. Defends E-Book Antitrust Case Against Apple, Others
The U.S. Department of Justice defended its case against Apple Inc. (AAPL) and five major publishers, alleging that they conspired to raise the prices of electronic books.
Peet's Coffee In $1 Billion Takeover by Germany's JAB
Peet's Coffee & Tea Inc. (PEET) agreed to be taken private in a nearly $1 billion cash acquisition by German investment group Joh.
Brazil Court Upholds Suspension of New Mobile-Phone Sales
A Brazilian federal judge Monday upheld a decision by the country's telecommunications regulator, Anatel, to suspend some companies from selling new mobile-phone lines due to the poor quality of customer services.
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