| "At first blush, while this is a big step, it is unlikely to prove sufficient to stem the... |
| In an attempt to stem unprecedented global market turmoil, the Fed cut its key federal funds lending rate by half a percentage point to 1.5 percent and also lowered its discount rate by the same amoun... |
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Bank of America Announces Pricing of Common Stock (PR Newswire)
Bank of America Corporation today announced the pricing of its offering of $10 billion, or 455 million shares, of common stock. The transaction includes an option to the underwriters to purchase up to 68.25 million additional shares of common stock.
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UPDATE 4-Gold cuts gains on dollar rise, nears 3-month low
Gold <XAU=>, which has fallen in recent sessions on the back of relative dollar strength, was at $865.00/865.70 an ounce at 0953 GMT, within arm's reach of a three-month low of $862.30 on Wed...