delisting

Japanese optics giant Olympus is suing several former executives and its current president, seeking millions of dollars in damages after revelations about a decade-plus scheme that hid $1.7 billion in securities losses from investors.

The Federal Housing Finance Agency has directed Freddie Mac and Fannie Mae to delist their common and preferred stocks from the New York Stock Exchange and any other national exchanges. Trading in both companies' shares has been halted on the news.