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NEW YORK, Feb 4- A new judge presiding over Bank of America Corp's proposed $8.5 billion settlement with investors in soured mortgage securities on Tuesday postponed entering a final judgment in the case, raising the possibility of additional legal maneuvers.
NEW YORK, Jan 31- A New York state judge on Friday approved most of Bank of America Corp's $8.5 billion settlement with investors over toxic mortgage securities, but left a caveat that could complicate the bank's efforts to implement the deal. A spokesman for Bank of America said the bank did not expect that Kapnick's exclusion would hold up the accord.
NEW YORK, Jan 31- A New York state judge on Friday approved most of Bank of America Corp's $8.5 billion settlement with investors in mortgage securities, which would resolve much of the bank's liability from its acquisition of Countrywide Financial Corp during the financial crisis.
Jan 30- Ben Bernanke did not hesitate when asked whether he was confident that his signature response to the Great Recession would work. "Well, the problem with QE is that it works in practice but it doesn't work in theory," the head of the U.S. They have already led to a quadrupling of the Fed's balance sheet to $4 trillion.
WASHINGTON, Jan 30- Federal Reserve Chairman Ben Bernanke departs the U.S. central bank on Friday after eight largely turbulent years in which he guided the economy through the most virulent financial crisis and recession since the Great Depression. Oct. 24, 2005- President George W. Bush nominates Bernanke to be Fed chairman.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
DUBAI, Jan 29- Abu Dhabi's Waha Capital, the largest shareholder in New York- listed aircraft leasing firm AerCap Holdings, plans to raise a $700 million loan mainly to refinance existing debt, three banking sources aware of the matter said.
Some of Tuesday's midday movers:
Not only are these top bosses the best in the business, their company's stock is worth considering, too, Cramer said.
*Fourth-quarter operating earnings $2.68/ share vs est $2.16. *After-tax catastrophe losses $37 mln vs $689 mln a year earlier. Jan 21- U.S. insurer Travelers Cos Inc's slowing pace of price hikes raised concerns about its margins and overshadowed a three-fold rise in quarterly profit, sending its shares down as much as 3 percent.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
ZURICH, Jan 6- Switzerland's EFG International has struck a deal to take over the Hong Kong business of Abu Dhabi- owned Falcon Private Bank, another sign of how rising costs are forcing small players to beef up or get out of the region.
Loeb's $14 billion firm, Third Point, has been one of the industry's best performers for several years now thanks to bets on Greek bonds, Japan's economic recovery and blue-chip U.S. stocks.
A number of players managed to top the stock index with smart stock-picking or distressed investing nonetheless. The big winners?
Here are five ways the Fed has expanded its influence over the past century.
Ralph Nader has fought many battles against powerful interests and now says it's time for investors to band together to fight corporations.
U.S. stocks surged on Monday as Wall Street tried to measure what's ahead for stimulus.
*Avago to buy LSI for $6.6 bln; AIG to sell unit for $5.4 bln. NEW YORK, Dec 16- U.S. stocks gained on Monday, rebounding from their worst week in months as large deals boosted optimism but investors remained cautious ahead of an upcoming Federal Reserve policy meeting.
Dec 16- American International Group Inc said it would sell its aircraft-leasing business to AerCap Holdings NV in a deal valued at about $5.4 billion excluding debt, ending a four-year effort to sell its biggest non-insurance business.
Monday's midday movers: