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A plan for Fannie and Freddie coming soon?

Fannie Mae (OTCQB:FNMA +10.6%) and Freddie Mac (OTCQB:FMCC +7.7%) gain after a report that the acting head of the Federal Housing Finance Agency intends to unveil within weeks a plan to bring the government-sponsored enterprises out of conservatorship.

Holiday sales disappoint at Tiffany

Tiffany (NYSE:TIF) reports global sales fell 1% to $1.04B during the two-month holiday period as lower sales to foreign (primarily Chinese) tourists factored in. Softer demand in Europe and the Americas also contributed to the drop.