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BANKOFAMERICA

Lehman to buy remaining Archstone stake for $1.6B

Lehman Brothers Holdings Inc. said it has bought the remaining 26.5 percent of apartment company Archstone that it doesn't already own from Barclays Capital and Bank of America Corp. for $1.58...
Reuters
Posted on 5-25-2012 at 8:06 AM
SpanishFlag

Spain's Bankia expected to ask for $19B rescue

Shares in Spain's fourth-biggest lender Bankia SA were suspended on the Madrid stock exchange on Friday, ahead of an announcement when the bank is expected to ask the state for a rescue of more than...
Reuters
Posted on 5-25-2012 at 7:59 AM
facebook3

Facebook market makers' losses to hit $100M

Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million US, as they and other traders continue to deal with thousands of...
Reuters
Posted on 5-25-2012 at 7:35 AM
James Hodgins, Chief Investment Officer at Curvature Hedge Strategiesplay

Wary investors eye bargains after losses

Wary investors looked for bargains after recent sharp losses on Friday, keeping global shares and the euro just above multi-month lows.
Reuters
Posted on 5-25-2012 at 7:20 AM
Quinn Eddins, Director of Research at Radar Logicplay

No bottom in sight for U.S. housing market

BEST OF BNN: The U.S. spring real estate season got off to a robust start in April with sales and prices rising. But, one observer says the U.S. housing market has yet to hit bottom and an...
BNN.ca staff and Reuters
Posted on 5-25-2012 at 1:49 PM
stocks

TSX ends flat; gold gains offset other sector losses

Canadian stocks were little changed in choppy trade on Thursday as gold mining gains offset a slew of weak data from Europe, China and the United States, which added to fears about global growth.
Reuters
Posted on 5-24-2012 at 5:24 PM
Nasdaq’s Facebook woes grow

Nasdaq’s Facebook woes grow

The repercussions from Facebook's botched initial public offering deepened on Thursday as Fidelity Investments found itself dealing with "thousands" of customers with order problems and Knight...
Reuters
Posted on 5-24-2012 at 3:01 PM
Wilbur Ross, CEO, chairman and founder of WL Ross & Coplay

No contagion from potential Greece exit: Ross

The head of one of America's top private equity firms is downplaying the impact of Greece leaving the euro zone. Wilbur Ross, whose firm WL Ross & Co. oversees some $10 billion US in assets,...
BNN.ca staff
Posted on 5-24-2012 at 2:26 PM
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