Bank of America Corp. (NYSE:BAC) reached an accord in which it would pay $9.3 billion over claims that it had fraudulently sold defective mortgage bonds to government-sponsored mortgage buyers Fannie Mae and Freddie Mac. Bank of America Corp (NYSE:BAC) stock performance was -0.18% in last session and finished the day at $16.98. Traded volume was…
BlackBerry Ltd. (NASDAQ:BBRY) said sales will not grow until the F-Y beginning March 2015, showing the path will be difficult going forward. The companies cost-cutting helped the smartphone maker post a smaller Quarterly loss than most analysts’ estimates. BlackBerry Ltd (NASDAQ:BBRY) stock performance was -7.07% in last session and finished the day at $8.41. Traded…
Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) had its stock coverage assumed at Goldman Sachs Group Inc (NYSE:GS). The firm assigned buy rating on the stock. That positive rating of the stock came hot on the heels of the upgrade from Zacks, where analysts at Zacks assigned neutral on the stock from underperform. Companhia Energetica Minas…
That “ongoing” litigation stems from a lawsuit filed by the state of California against Newmont Mining Corp (NYSE:NEM) in July 2012. Filed by California Attorney General Kamala Harris, the suit states Newmont Mining Corp (NYSE:NEM) “owned and continued to have an interest in Empire Mine Park where they conducted mining operations, which have generated and…
The longtime relationship between Fort Wayne and General Electric Company (NYSE:GE) will come to an end on Jan. 15 when the remaining jobs in the Summit City are shipped off to Mexico. The announcement came Friday afternoon in a news release from Matt Conkrite, the communications leader of General Electric Company (NYSE:GE)’s Power Division in…
Sirius XM Holdings Inc. (NASDAQ:SIRI), the Official Satellite Radio Partner of Major League Baseball, will provide its most comprehensive coverage to date for the 2014 MLB season, offering subscribers the most extensive coverage available in radio. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock performance was 0.96% in last session and finished the day at $3.15. Traded…
