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4450 Stories, most recent news story added Mon Nov 9, 6:20 pm ET
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.
Bank of America had a fairly good year in 2008, despite the economic downturn. But this year has proven to be much more different for the financial firm.
Last week, JPMorgan agreed to a $722 million settlement with the SEC stemming from a risky derivatives deal that drove Alabama's most populous county to the brink of bankruptcy. As part of the settlement, JPMorgan neither admitted nor denied wrongdoing -- despite ample evidence that it had engaged in plenty of wrongdoing. This is what passes for justice on Wall Street: regulators give a company ...
At a posh Florida resort in February 2007, Ken Lewis unveiled Bank of America's (NYSE:BAC) aggressive new strategy to a roomful of Wall Street analysts.
Nov. 9 (Bloomberg) -- Treasuries fell for the first time in three days as Asian stocks rose and the U.S. prepared to sell record amounts of three-, 10- and 30-year debt starting today.
Blake Nunley has joined Cuttone & Company as senior vice president of institutional sales. Based in Dallas, Nunley will oversee growth of the firm's electronic trading solutions in the region, particularly Cuttone's direct market access platform.
WARSAW -(Dow Jones)- Frankfurt-based Deutsche Boerse AG (DB1.XE) is the only one of four potential investors to have answered Poland's invitation to bid for a majority stake in the Warsaw Stock Exchange, the country's Treasury Ministry said in a statement Monday.
A merchant fair is being conducted with the annual Sunflower at Continental Ranch Arts and Crafts Fair on Saturday, Nov. 14. The merchant fair, hosted by the Marana Chamber of Commerce, runs from 9 a.m. to noon.
The Indian summer weather reminded me of all of the great golf events we had this summer and fall. Most were for charity, some were just for fun, and many folks were still on the links yesterday enjoying the sun. There is time to play before the snow flies, and even then, die-hard golfers bundle up and play right on through. GOLF course god Arthur Hills, founding principal of Arthur Hills/Steve ...
If the court throws out an existing standard for judging whether advisory fees are excessive, fund expenses could climb, crimping investor returns
CHICAGO----Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today announced plans for a public offering of a new closed-end fund, Nuveen Mortgage Opportunity Term Fund.
BancorpSouth, Inc. Chairman and Chief Executive Officer Aubrey Patterson and Chief Financial Officer Bill Prater will make presentations to bank stock analysts at two financial conferences this week.
ROBBINSVILLE The school district has hired a new business administrator, whose experience is not limited to the educational setting.
NEW YORK----Managed High Yield Plus Fund Inc. , a closed-end management investment company, today announced that the Fund’s Board of Directors has declared a dividend from net investment income of $0.0180 per share.
Nov. 6 (Bloomberg) -- KKR Financial Holdings LLC , the unit of KKR & Co. that lost $1.1 billion in 2008, made $67.2 million last quarter, underscoring a recovery for the debt investments that contributed to the worst credit crisis since the 1930s.
(AP:ST. LOUIS) Rehabilitation services provider RehabCare Group Inc. said Monday it is selling up to 5 million shares of stock to help pay for its acquisition of Triumph HealthCare, a Texas-based hospital operator.
