All Posts Tagged With: "BAC"
Bank of America to Boost Stake in China’s No. 2 Bank
Bank of America Corp. (BAC) will almost double its stake in state-owned banking giant China Construction Bank Corp., and will control nearly 20% of China’s second-largest bank when the deal is finalized.
The official announcement yesterday (Monday) ends months of speculation…
18Nov2008 | Money Morning | 0 comments | ContinuedWe Live In Interesting, Incompetent Times
Epics and Ongoing Busts in the Financial Sector
There may be a major hurricane battering the oil rigs and refineries in the Gulf of Mexico and Texas, but an even bigger one is crushing many of the key banking firms in…
16Sep2008 | Oxbury Research | 0 comments | ContinuedCredit Crunch Claims Two More (Part 1)
“At no time in history has the biggest money in the world been as MISALOCATED and invested as it is now.” –Ty Andros
…well put Mr. Andros. Today marked the worst day since markets opened after 9/11. Bonds soared while commodities,…
16Sep2008 | Oxbury Research | 0 comments | ContinuedGlobal Investing Roundups
Report: Toyota Plunking $1 Billion on Brazil Plant; India Housing Boom Ending; GDP Revised Up; Home Sales Rise, Values Fall; Anheuser Busch to Reject InBev Bid; Bank of America Sheds Jobs; Gold Shares Glow; Oshkosh Plunges on Lowered Outlook
Toyota Motor…
27Jun2008 | Money Morning | 0 comments | ContinuedBACK TO BASICS
I have been buying natural resources since 2001. Back then, commodity prices were the cheapest ever in the history of capitalism and tangibles were not on the radar screen of many investors (they still are not). Fast forward to early…
20Jun2008 | Daily Reckoning | 0 comments | ContinuedInflation is Winning
Today, we turn to our war correspondents for dispatches from the front lines, and we find an important insight:
“Learn to live with inflation,” begins the headline in the Financial Times.
The FT refers to England’s central banker, Mervyn King, who says…
20Jun2008 | Daily Reckoning | 0 comments | Continued
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