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Riverbed described Elliott's offer of $19 a share inadequate, but didn't say whether it would take the activist hedge fund up on its other demand: setting up a process to sell itself. Mattress Firm of Houston, the leading mattress retail chain in the
Stock futures are rising, as are shares of Bank of America, after the nation's second-largest bank reported that its profit surged to $3.44 billion during the fourth quarter. The Dow Jones industrial average futures are up 26 points to 16,325. The
Bank of American announced its fourth quarter earnings for 2013 this morning beats analyst estimates by $0.02 with an earnings per share of $0.29 and revenue at $21.7 Billion. Analysts expected an earnings per share to come in at $0.27 with a revenue
One analyst says settling its legal woes will push its stock higher...Reuters Earnings Banking picture At $9.9-billion, JPMorgan's pretax, pre-provision profit in the final quarter was 3 per cent lower than in the three months to September and down
Sen. Elizabeth Warren introduced a bill that would require regulators and companies to provide greater details on bank settlements. MarketWatch) Bank settlements are a bit like those terrifying jail sentences we hear about in criminal cases: If John
Credit Suisse is now telling its junior level bankers to take Saturdays off, Bloomberg News reports citing an internal memo. This has been a trend lately on Wall Street. Goldman Sachs, JPMorgan and Bank of America have all decided to limit the
See Also This week, Wall Street banks will report their fourth quarter earnings, starting with JP Morgan on Tuesday. Analysts aren't expecting this quarter to be as ugly as the last , but one bank may have a worse time than the others Goldman Sachs.
54 PM E-mail this article To: Invalid E-mail address Add a personal message: (80 character limit) Your E-mail: Invalid E-mail address Sending your article We know times are hard, but this takes robbing a bank to a new, unprecedented level.
That put the university at the very top of the list of the colleges and universities in partnership with the credit industry, according to information that's now available publicly following government overhauls meant to -- among other things -- make
Lending to consumers and businesses, which last year would have been very sluggish if not for extensive refinancing of loans, is expected to increase this year, because the housing market and the overall economy are slowly turning around companies