Business briefs
Dollar in ditch
Dollar General declined the most in two years after reducing the top end of its full-year earnings forecast, citing “moderating” sales growth. Shares closed down 9.2 percent to $48.64.
MF wrap
Collapsed brokerage MF Global Holdings effectively ended its bankruptcy, saying court-appointed trustee Louis Freeh will step down and hand the estate’s remaining wind-down duties to a new three-member board.
Trouble ahead
The Federal Housing Administration’s projected losses over 30 years could reach as high as $115 billion under a previously undisclosed stress test conducted last year.
AG hits HSBC
HSBC, Europe’s largest bank, was accused by New York Attorney General Eric Schneiderman of violating the state’s foreclosure law and putting homeowners at increased risk of losing their property.
‘Sales’ scores
Software giant Salesforce.com has agreed to buy ExactTarget for $2.5 billion in order to expand into online marketing.

