Ferrari growth slows — and owners cheer

Good news for Ferrari owners wasn't quite so good for the automaker's shareholders. On Tuesday, the newly public Ferrari said in its fourth-quarter earnings release that it shipped 7,664 cars last year, and plans to ship around 7,900 in 2016. That represents growth of 6 percent for last year, with projections for a smaller 3 percent increase in 2016. Investors balked at the automaker's guidance, sending Ferrari's U.S. shares down nearly 13 percent in afternoon trading. But while its limited production....