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Morning Business Outlook: 12/22

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    Oracle shares slump 11 percent after report of rare earnings miss

  • Duration 1:32
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Good morning.

-- technology stocks clipped gains overall yesterday the Dow and the S&P 500 edged back to positive territory.

But the NASDAQ fell full percent Oracle shares slumped 11%.

After reporting a rare earnings that we on the five tech stocks in the Dow together they -- 54 point palpably averaged.

Bank of America agreeing to fork over a record 335.

Million dollars.

To settle civil charges that -- countrywide and unit discriminating against Hispanic and black homebuyers.

Between the years 2004 and 2008 before -- and -- bought countrywide.

Countrywide had specialized in so called sub prime mortgages which -- many minority borrowers higher interest rates scenes.

The Justice Department says the victims had no idea they were being victimized.

More than 200000.

Affected borrowers received the money.

For the first time ever Wendy's will become the number two burger joint in the U -- by sales beating out burger chain.

And surpassed only by McDonald's.

-- -- -- are on track to be nearly eight and a half billion dollars this year.

And that's according to market -- now by a company called economic.

And white castle is selling them as with its burgers at a Lafayette Indiana location.

So far white -- that customer feedback is good.

It still hasn't made final on ending the year and -- idea to other.

For more on the day's top business stories log -- foxbusiness.com.

-- -- -- online minute.