Nov. 22 (Bloomberg) -- Bank of America Corp.’s board mayextend its search for a new, permanent chief executive officerinto 2010 if directors can’t settle on a candidate in the nextfour days, according to people familiar with the matter. The directors, who ...Read More
Hershey, after months of internal debate, is now considering a bid for the British candy maker Cadbury, a move that would challenge Kraft's existing $16.7 billion hostile offer for the company, according to people briefed on the matter. Any Hershey offer ...Read More
* Hershey mulls bid of at least $17 bln for Cadbury-source * Hershey still weighing joint bid with Ferrero-source * Hershey Trust aims to retain control of Hershey-WSJ (Adds details on Hershey advisers, trust) PHILADELPHIA, Nov 20 (Reuters) - U.S. chocolate makerHershey Co ...Read More
Cadbury produces some of the UK's best-known chocolate bars
US chocolate maker Hershey is considering launching a solo bid of at least $17bn (£10bn) for British firm Cadbury, according to reports.
Under pressure from its charitable trust, Hershey has lined up ...Read More
Bank of America Corp. Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, according to a person close to him. Mr. ...Read More
Nov. 20 (Bloomberg) -- JPMorgan Chase & Co.’s credit-cardcontracts will no longer require disputes to be settled througharbitration, a practice that lawmakers said was biased againstcardholders, to help settle an antitrust lawsuit. Lenders including Bank of America, Citigroup Inc., DiscoverFinancial Services ...Read More
* Bove says support growing among investors for Lewis * Given bank's search, he says, Lewis good choice * Idea met with resistance among some investors (Adds byline, background, recasts) CHARLOTTE, N.C., Nov 20 (Reuters) - Bank of America Corp's(BAC.N) chief executive, scheduled ...Read More
Lloyd Blankfein delivered a presentation about Goldman Sachs last week in which he explained what Goldman Sachs is and what its plans for expansion are. His comments were made at the Bank of America Merrill Lynch banking and financial services ...Read More
NEW YORK (AP) - Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for Citi Private Bank in North America. Bodurtha will be responsible for managing the investments platform for ...Read More
Stocks were on track for their biggest decline of the month around midday Thursday, hurt by bearish analyst comments and new economic data that failed to quell some investors' jitters about the U.S. economy. The dollar and Treasurys gained and commodities ...Read More
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