Tuesday, Huntington Bancshares closed its acquisition of 24 Michigan branches from rival banking company, Bank of America (NYSE: BAC ). The acquisition adds 24 branches in two separate deals , more than $750 million in deposits, and increases
CLR -1.6% ) is not enjoying a rebound from yesterday's big losses , even after various analysts come out in defense. BofA reiterates its Buy rating, and says the selloff is not justified by any of the updated disclosure provided by management; the
Golar LNG ( GLNG +1.3% ) is reiterated with a Buy rating and a higher $110 stock price target, raised from $75, at BofA /Merrill, which says GLNG is benefiting from rising demand for its planned floating liquefied natural gas production units
NEW YORK, Sept 19 (Reuters) - Investors worldwide pulled a net $3.8 billion out of bond funds in the week ended Sept. 17 on rising fears of an early rate hike from the Federal Reserve, data from a...
By Markos Kaminis : Bank of America (NYSE: BAC ) reported some good news recently that I ..... estate to be paid forward again and back to Bank of America . Bank of America recently cleared its regulatory hurdles and
NEW YORK (Reuters) - The U.S. government said Bank of America Corp 's bid to throw out a jury verdict finding it liable for the sale of questionable loans to Fannie Mae and Freddie Mac before the
NEW YORK, Sept 19 (Reuters) - The U.S. government said Bank of America Corp 's bid to throw out a jury verdict finding it liable for the sale of questionable loans to Fannie Mae and Freddie Mac before...
NEW YORK, Sept 19 (Reuters) - Investors worldwide pulled a net $3.8 billion out of bond funds in the week ended Sept. 17, marking their biggest withdrawals so far this year, data from a Bank of...
By Donald van Deventer : Kamakura Corporation projections for U.S. Treasuries and fixed rate mortgages this week show that the implied forward yields for 15 year fixed rate mortgages rise from a current effective yield of 3.442% (up 0.11% from last week) to 5.548% in 10 years, up 0.094% from last
By Don Dion : In September of 2014, Morgan Stanley (NYSE: MS ) joined the roster of financial institutions hit with fines for misdeeds while conducting the their day-to-day operations. This time, instead of misrepresentations of loan quality during the mortgage crisis, MS was charged with failing