Summary
A collection of news and information related to Bank of America Corp. published by Tribune Company sources.
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762 items on Bank of America Corp.
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Troubles building for stocks of local banks
Chicago Tribune reporterStocks of nine publicly traded midsize local banks are trading at or near 52-week lows, and analysts say challenges could persist for several of them in coming quarters. On Tuesday, the Dow Jones industrials gained more than 150 points, encouraged in...Tags: Freddie Mac, Corus Group Plc, Fannie Mae, Midwest Banc Holdings Incorporated, Weather Reports
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Francona Not Panicking Over Slump
Courant Staff Writer— The Red Sox are struggling at the plate, but manager Terry Francona is trying to resist the urge to tinker. "Sometimes it's better if I stay out of the way," he said. One idea that came up Tuesday was taking Jacoby Ellsbury out of the leadoff...Tags: Jason Varitek, Boston Red Sox, Barry Bonds, Major League Baseball, Jonathan Papelbon
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Rally on financials report, drop in oil
U.S. stocks rallied the most in a month, led by banks and transportation companies, after JPMorgan Chase & Co.'s chief executive said losses in credit markets will ease and oil posted its biggest drop since March. Bank of America Corp. advanced the...Tags: Commodity Markets, Freddie Mac, UPS Inc., Banking, Fannie Mae
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Programs to prevent foreclosure don't guarantee success
Sentinel Staff WriterTheir construction business decimated, cars repossessed and mortgage in danger of default, Jason and Teresa Olive called for relief from their lender, Countrywide Financial Corp. Countrywide referred them to its own "Hope" department. Six months later,...Tags: Financial and Business Services, Florida, Mergers, Acquisitions and Takeovers, Countrywide Financial Corp., Clermont
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'Jersey Boys' snuffs out smoking after patron complains to city
Chicago Tribune criticThe Chicago production of "Jersey Boys" has excised all smoking from the show so that the production complies with Chicago's indoor smoking ban, a spokesman for Broadway in Chicago confirmed Tuesday. The city's ban does not offer any exemption for...Tags: Music Theater, Medicaid, Theater, LaSalle Bank, Health Organizations
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Ka-ching! Consumers borrow mostly on credit cards
AP Economics WriterConsumers boosted their borrowing in May, mostly reflecting heavy credit card use to finance their purchases. The Federal Reserve reported Tuesday that consumer credit increased at an annual rate of 3.6 percent in May, roughly the same pace as logged...Tags: J.P. Morgan Chase & Co., American Express Company, New York, Consumers, Federal Reserve
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Dixon ally tied to development deal
Sun reporterA development team including a contractor with whom Mayor Sheila Dixon had a relationship was chosen last year for a $200 million project in Southwest Baltimore, even though an independent city panel urged that the contract be awarded to another firm....Tags: Regional Authority, Public Officials, National Government, Philadelphia (Philadelphia, Pennsylvania), Sheila Dixon
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IndyMac to exit most home lending, slash 3,800 jobs
Los Angeles Times Staff WriterIndyMac Bancorp, once a leader in the nontraditional home loans that helped drive the housing boom, all but quit the mortgage business Monday and said it would lay off 3,800 people, more than half its staff, in the wake of growing defaults by borrowers....Tags: Calabasas, Homes, Pasadena (Los Angeles, California), Freddie Mac, Employees
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Bobins gets board seat at bank, to chair unit
Chicago Tribune reporterPrivateBancorp Inc. of Chicago confirmed Monday that it named former LaSalle Bank Chairman Norman Bobins a member of its board of directors and chairman of its PrivateBank-Chicago unit, signing the veteran lender to a three-year deal that will annually...Tags: Banking, LaSalle Bank, PrivateBancorp Incorporated, Management Change
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Bankruptcies
Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Family Healthcare Plus Group Inc., 801 W. Oak St. Ste. 203, Kissimmee. Assets: $0. Liabilities: $240,777. Major...Tags: Casselberry, American Express Company, Melville, Banking, Fort Lauderdale
Jul 9, 2008
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Jul 9, 2008
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Jul 9, 2008
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Jul 8, 2008
|Story| Chicago Tribune
Jul 8, 2008
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Jul 8, 2008
|Story| Baltimore Sun
Jul 8, 2008
|Story| Los Angeles Times
Jul 8, 2008
|Story| Chicago Tribune
Jul 7, 2008
|Story| Orlando Sentinel
