Company: Bank of America Corp

Shares of some top banks companies are mixed at 1 p.m.:

Shares of some top banks companies are mixed at 10 a.m.:

THE DEAL: Bank of America Corp. and Barclays Bank PLC are selling their 26.5 percent stake in the apartment building owner Archstone to Lehman Brothers Holdings Inc.'s bankruptcy estate for $1.58 billion. This gives Lehman's estate full ownership of Archstone.

(Reuters) - Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 percent of apartment company Archstone that it didn't already own from Barclays Capital <BARC.L> and Bank of America Corp <BAC.N> for $1.58 billion.

Bank of America Corp. and Barclays Bank PLC are selling their stake in the apartment building owner Archstone to Lehman Brothers Holdings Inc.'s bankruptcy estate for $1.58 billion.

(Reuters) - 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 <BARC.L> and Bank of America Corp <BAC.N> for $1.58 billion.

(Reuters) - Lehman Brothers Holdings Inc said it has bought the remaining 26.5 percent of apartment company Archstone from Barclays Capital <BARC.L> and Bank of America Corp <BAC.N> for $1.58 billion.

NEW YORK (Reuters) - Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, sources with knowledge of the matter said on Thursday.

The Wall Street Journal is reporting that Lehman Brothers Holdings Inc.'s bankruptcy estate has reached a deal to acquire a bigger stake in apartment-building owner Archstone for $1.58 billion.

NEW YORK (Reuters) - Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, said a source familiar with the deal on Thursday.

WASHINGTON (Reuters) - One part of the U.S. Justice Department has been receiving something in short supply for those investigating conduct tied to the financial crisis: praise.

For once, the spotlight wasn't on Goldman Sachs.

Shares of some top banks companies are down at 1 p.m.:

SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies."

U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter.