Lonmin Acting CEO: We Are Not Up for Sale
Lonmin Plc, the third largest platinum producer, posted a full-year loss as output was reduced during a six-week wildcat strike in South Africa marked by violence that claimed the lives of about 46 people. Chief Financial Officer Simon Scott says the company is not up for sale. He spoke on Bloomberg Television's "On the Move."
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Former Home Capital Brokers Penalized in First Crackdown
47:17 - A Canadian regulator said it disciplined two mortgage brokers who funneled business to Home Capital Group Inc., marking the first disclosure of action taken against dealers who submitted fraudulent loan applications to the embattled mortgage lender. Bloomberg's David Scanlan reports. (Source: Bloomberg)