Finance
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BofA Needs $80 Billion in Fresh Capital: Analyst
Jan 21, 2009Friedman, Billings, Ramsey analyst Paul Miller made waves Tuesday by suggesting that Bank of America Corp. [stock BAC][/stock] needs more than $80 billion in new common equity capital, thanks to a ballooning balance sheet of assets tied to its acquisitions of Countrywide Financial and Merrill Lynch. Miller suggested that BofA would also need to cut its dividend to preserve capital, and moved his target price to $5/share.
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Top Citi Executives Decline Retention and Incentive Awards
Jan 21, 2009 -
Mortgage Job Losses Ease
Jan 21, 2009 -
U.S. Bancorp Posts Q4 Profit With FDIC, Treasury Aid
Jan 21, 2009 -
The Nation’s 20 Worst Housing Markets
Jan 20, 2009 -
Mortgage Insurer MGIC Posts $273 Million Q4 Loss
Jan 20, 2009 -
Regions Posts Q4 Loss Amid $6 Billion Goodwill Write-down
Jan 20, 2009 -
Tech Roundup: Calyx Updates Point for RESPA Rule
Jan 19, 2009
