ALERT: Shares of LifeLock plummeting 20% after FTC announces action against company for allegedly violating a 2010 settlement. $LOCK
Shares of LifeLock halted again for news after falling nearly 40% after FTC announcement
Greek crisis talks between eurozone finance ministers on a new €74 billion loan came to an inconclusive end Saturday, in a sign that a deal which would secure much-needed financing for Athens and prevent a possible exit from the currency area is still far from certain.
The International Monetary Fund on Tuesday confirmed Greece had not made its 1.5 billion euro ($1.7 billion) loan repayment to the Fund, making it the first advanced economy to ever be in arrears to the Fund.The missed payment, the largest in the Fund's history, is equivalent to a default, in that both imply a breach of Athens' obligations. IMF spokesman Gerry Rice said Greece can now only receive further IMF funding once the arrears are cleared.
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