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Nov. 9 (Bloomberg) -- Obrascon Huarte Lain Brasil SA, known as OHL, was upgraded to “buy” from “neutral” at BofA Merrill Lynch Global Research, which raised its price estimate to 38 reais from 25 reais.
Nov. 9 (Bloomberg) -- European stocks advanced for a fourth day after the Group of 20 nations agreed to maintain stimulus efforts and Allianz SE, the region’s biggest insurer, reported profit that beat analysts’ estimates.
Nov. 9 (Bloomberg) -- Treasuries were little changed as the U.S. prepared to sell $81 billion of 3-, 10- and 30-year debt this week while signs of economic recovery boosted investors’ appetite for higher-yielding assets.
Nov. 9 (Bloomberg) -- Axa Asia Pacific Holdings Ltd. , the Australian unit of France’s biggest insurer, rejected an unsolicited $10 billion bid from parent Axa SA and wealth manager AMP Ltd.
Nov. 9 (Bloomberg) -- Dubai’s second half of a $20 billion bond program will be “well received,” and those who doubt the unity of Dubai and Abu Dhabi should “shut up,” the emirate’s ruler Sheikh Mohammed Bin Rashid Al-Maktoum said.
A key U.S. House panel is asking Bank of America Corp. (NYSE:BAC) to make consumer banking head Brian Moynihan available to testify on Nov. 17 as part of its ongoing probe of the bank's Merrill Lynch & Co. acquisition, a source familiar with the situation said.
FEDERAL WAY, Wash.----Weyerhaeuser Company today announced the commencement of a cash tender offer to purchase up to $500 million principal amount of its 6.750% Notes due March 15, 2012.
First Financial Bancorp announced today its participation at two investor conferences this week.
Servicios Corporativos Javer, S.A.P.I. de C.V. , a sociedad anonima promotora de inversion de capital variable organized under the laws of Mexico, solicited consents , upon the terms and subject to the conditions set forth in the Consent Solicitation Statement dated October 28, 2009 and in the related Consent Letter , to a waiver of the change of control provisions of and amendment to the ...
Nov. 9 (Bloomberg) -- Treasuries fell as the U.S. prepared to sell a record $81 billion of 3-, 10- and 30-year debt this week, fueling speculation supply may overwhelm demand as an economic recovery boosts appetite for higher-yielding assets.
Nov. 9 (Bloomberg) -- Eksportfinans ASA’s sale of five-year global bonds in dollars will be priced to yield 45 basis points more than the benchmark mid-swap rate, according to a banker involved in the transaction.
Tensions are on the rise again between Bank of America's brass and Merrill Lynch's 15,000-person brokerage force known as the "thundering herd" as the company pushes them to sell checking accounts and other retail-banking products to their clients. ...
Nov. 9 (Bloomberg) -- European and Asian shares advanced and U.S. stock-index futures gained after the Group of 20 nations agreed to maintain stimulus efforts and Axa SA and AMP Ltd. offered to buy Axa Asia Pacific Holdings Ltd.
SINGAPORE (Dow Jones)--Asian stock markets were mostly higher Tuesday after the Dow Jones Industrial Average rose to a new closing high for the year Monday. In Sydney, AXA Asia Pacific was trading higher a day after the firm rejected a combined takeover bid from AXA SA and AMP.
SINGAPORE (Dow Jones)--Asian stock markets were mostly higher Tuesday after the Dow Jones Industrial Average rose to a new closing high for the year Monday. In Sydney, AXA Asia Pacific was trading higher a day after the firm rejected a combined multibillion dollar takeover bid from AXA SA and AMP.
Bank of America Corp.'s board continues to consider insiders Greg Curl and Brian Moynihan, as well as least two outside candidates, in its search to replace chief executive Ken Lewis, the Wall Street Journal reported late Sunday.
