Updated throughout the day.

A group led by Centerbridge Partners has won the bidding for Extended Stay (NYTimes)

The Walt Disney Co (NYSE: DIS) may not be able to find a buyer for ABC  (Reuters)

Goldman Sachs Group (NYSE: GS) is trying to settle with the SEC based on lower charges than those made by the agency (FT)

Ford Motor (NYSE: F) plans to shutter its Mercury brand. (various)

Douglas A. McIntyre

Sponsor: 26 Cheap Stocks to Sell – Cheap stocks have been on a tear recently, but nine out of ten stocks are circling the drain!