Bank Of America stories:
Hershey Said to Explore a Bid for Cadbury
Nov 20th, 2009 - New York Times
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...
Hershey considering $17bn bid for Cadbury - say reports
Nov 20th, 2009 - BBC NEWS
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...UPDATE 4-Hershey mulls $17 bln solo bid for Cadbury - source
Nov 20th, 2009 - Reuters
* 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...
BofA's Lewis may consider postponing retirement
Nov 20th, 2009 - Wall Street Journal
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...
JPMorgan Pulls Arbitration Clause From Card Contracts
Nov 20th, 2009 - Bloomberg
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...
Bank Of America videos from YouTube:
- Bank of America Pays Tribute...A team of Bank of America employees, along with friends and family, paid tribute to former employee Phyllis Vanderpool by volunteering time at Giving Children Hope. Phyllis was known for her giving spirit ...
- Bank of America and Merryll...OGR Full Committee Hearing: "Bank of America and Merryll Lynch: How did a Private Deal Turn Into a Federal Bailout" (Part IV)
- Bank Of AmericaLesley Stahl speaks to bankers about the federal government coming to the aid of Americas biggest banks. Shachar Bar-On is the producer.
- DEBTORS UPDATE: BANK OF...Ken Lewis hides in the shadows like the coward he is, but I was contact by Jeff Crawford, Sr. Vice Prez of Existing Customer Credit Services at BofA. Also, NEW WEBSITE & info coming - While we have won one battle ...
Bank Of America stories from Digg:
Food Banks Recession Pain
In this economic downturn even the Food Banks of America are seeing their money and food in their shelves depleted. They are assisting the hungry with less and less donations. And the reason is that more Americans are unemployed, they cannot donate anymore, they need to save for themselves, to put food on the table of their own families. (World News)
LivingstronglyFri, Nov 20th, 20091 Diggs, 0 CommentsA Tale of Two Markets
Fed Chairman Ben S. Bernanke said after a Nov. 16 speech in New York that it’s “not obvious” that asset prices in the U.S. are out of line with underlying values after a 64 percent jump in the Standard & Poor’s 500 Index from its March low. My favorite charts to exemplify this is the 1-year chart on GE and Bank of America (NYSE:BAC). Here they are(World News)
plumpurpleFri, Nov 20th, 20091 Diggs, 0 CommentsThe Best Job No One Wants
A new CEO for Bank of America could be chosen as early as Sunday, reports Charlie Gasparino. Inside a selection process beset by rivalries, government pressure--and most of all a lack of interest from top candidates.(Business & Finance)
stockwitchFri, Nov 20th, 200943 Diggs, 2 Comments
Bank Of America from WikiPedia:
Bank of America Corporation (NYSE: BAC), based in Charlotte, North Carolina is one of the largest financial services companies, largest bank by assets, largest commercial bank by deposits and is the second largest by market capitalization in the United States. The company holds 12.2% of all U.S. deposits. Also, Bank of America is the number one underwriter of global high yield debt, the third largest underwriter of global equity and the ninth largest adviser on global mergers and acquisitions.
Bank of America serves clients in more than 150 countries and has a relationship with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. The company is a component of the Dow Jones Industrial Average (DJIA) and a member of the Federal Deposit Insurance Corporation (FDIC).
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