Bank of America sold part of its stake in China Construction Bank, China’s second-biggest commercial lender, for $2.8 billion.
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Archive for January 7th, 2009
BofA Sells Shares in China Construction (TheStreet.com)
Wednesday, January 7th, 2009GM May Not Need Further Loans: Report (TheStreet.com)
Wednesday, January 7th, 2009General Motors has enough government loans to cover its worst-case scenario and added it won’t need more if the economy stabilizes, a report says.
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S&P Stock Picks and Pans: Dow Chemical, Bank of America, Toyota, Safeway, Logitech, Lab Corp. (BusinessWeek)
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BofA to Sell China Construction Shares (TheStreet.com)
Wednesday, January 7th, 2009Bank of America is selling part of its stake in China Construction Bank, the Chinese bank said, in a sale that could be worth up to $3 billion.
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Zacks Releases Four Powerful ”Buy” Stocks: Express Scripts, L-3 Communications Holdings, Huron Consulting and … (Centre Daily Times)
Wednesday, January 7th, 2009Four free stock picks are being made available today on Zacks.com. The industry?s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.
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Asian Stocks Rise: Japan’s Nikkei Gains 1.7% (TheStreet.com)
Wednesday, January 7th, 2009Stocks in Asia were mostly higher as Japanese shares rose for a seventh-straight day.
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‘Mad Money Lightning Round’: Bank With Wells Fargo (TheStreet.com)
Wednesday, January 7th, 2009Cramer likes the bank’s huge mortgage portfolio.
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