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Bank of America Corp.
Bank of America is a bank holding company and a financial holding company. Through its banking subsidiaries and various nonbanking subsidiaries throughout the U.S. and...
Bank of America Corp. company page on BNET »

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Walgreens Renews Product Donation Program to America's Second Harvest Food Bank
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Walgreens Renews Product Donation Program to America's Second Harvest Food BankC2008 - CloseUpMedia - newsdesk@closeupmedia.com Drugstore chain Walgreens announced that it has renewed its commitment to donate discontinued and mildly distressed products from its distribution centers to America s Second Harvest, a nationwide...
Articles 2009-06-08
Mozilo hit with civil charges after sub-prime collapse
Business News IN BRIEF *Angelo Mozilo, founder of Countrywide Financial, until last year the biggest mortgage lender in the US, is facing civil charges in two states over claims that he turned a blind eye to fraudulent lending practices that have saddled millions of homeowners with mortgages...
Articles 2008-06-26
Countrywide shareholders OK takeover
LOS ANGELES -- Countrywide Financial Corp.'s shareholders cleared the way Wednesday for the company to be taken over by Bank of America Corp., even as officials in two states filed lawsuits contending the distressed mortgage lender misled borrowers into taking on risky home loans. The timing of...
Articles 2008-06-26
SEER for IT Estimation Software From Galorath: An Answer to Project Delays and Cost Overruns
EL SEGUNDO, Calif. -- SEER for IT, a new knowledge-based project estimation and management solution from Galorath Incorporated, promises IT managers better control of costs and planning for IT projects and the ongoing support and maintenance of IT infrastructure and services. By accurately forecasting required effort, schedule and risk before...
Articles 2008-06-25
Flexible Card-Shaped Authenticator secures online banking
Generating password when front button is pressed, RSA SecurID[R] Display Card is event-based, one-time password authenticator that helps financial institutions and their customers secure online accounts and transactions with 2-factor authentication. Unit is powered by RSA[R] Authentication Manager v7.1 and RSA SecurID Authentication Engine. It meets regulations and guidelines in...
Articles 2008-06-25
Countrywide shareholders OK sale to Bank of America
WASHINGTON AFP — Shareholders of Countrywide Financial, the largest US mortgage lender at the center of the housing crisis, approved its sale Wednesday to Bank of America, marking the latest shakeup in the troubled sector. Meanwhile, the state of California announced a lawsuit against Countrywide for deceptive and...
Articles 2008-06-25
Milpitas Unified School District Partners With Chevron and Bank of America on 3.4MW Solar and Energy Efficiency Program Expected to Save $12 Million for Education
Solar Arrays at 14 Sites Expected to Generate 75 Percent of Annual Power Needs and Lower Carbon Emissions by 23,600 Metric Tons MILPITAS, Calif. -- Milpitas Unified School District, in collaboration with Chevron Energy Solutions and Bank of America, today announced it has begun construction on a 14-site,...
Articles 2008-06-25
Bank of America CEO Kenneth Lewis to Address Mortgage Markets
Kenneth D. Lewis, Chief Executive Officer,Chairman and President of Bank of America , will deliver his address"Mending Our Mortgage Markets" at TOWN HALL Los Angeles on Wednesday, July 9,at the Omni Los Angeles Hotel . On the current housing crisis, Lewis states, "Excesses in financial marketsare not new. But...
Articles 2008-06-25
Atlas Pipeline Partners, L.P. Nets $262.1 Million from Public and Private Common Unit Offerings
PHILADELPHIA -- Atlas Pipeline Partners, L.P. (NYSE:APL) ("Atlas Pipeline" or the "Partnership") announced today that it has completed its previously announced public offering of common limited partner units. Including the over-allotment option, which was exercised in full by the underwriters, the Partnership sold a total of 5,750,000 common units at...
Articles 2008-06-24
Fitch Rtes Palm Beach Cnty Ed Facils Auth , FL, Ser 2008 'AA/F1+'
NEW YORK -- Fitch Ratings assigns a rating of 'AA/F1+' to the $41,000,000 Palm Beach County Educational Facilities Authority educational facilities revenue bonds (Palm Beach Atlantic University, Inc. Project) series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter of credit LOC issued by Bank...
Articles 2008-06-24
CapitalSource Prices Common Stock Offering
CHEVY CHASE, Md., June 23 /PRNewswire-FirstCall/ -- CapitalSource Inc. announced today the pricing of an offering of 30,000,000 shares of its common stock at a gross public offering price per share of $11.00. The company has granted the underwriters a 30-day option to purchase an additional...
Articles 2008-06-24
Hess Kennedy Continues Victories Over Credit Card Industry in Pennsylvania Court
CORAL SPRINGS, Fla., June 24 /PRNewswire/ -- Hess Kennedy Chartered announced that there were orders issued in the Court of Common Pleas of Allegheny County, Pennsylvania that were favorable to the clients of Hess Kennedy and/or the Consumer Law Center. The first favorable result was on May...
Articles 2008-06-24
Veteran Citigroup Executive Joins Adventity
Sankar Krishnan Appointed as Managing Director and Business Development Head, Global Transaction Services Adventity Expands Presence into Canada NEW YORK -- Adventity, the fastest growing global provider of strategic Knowledge Process Outsourcing KPO and Business Process Outsourcing BPO services to the world's top financial institutions and...
Articles 2008-06-24
Bridge Business Bancorp Provides a $1.98 Million SBA 7 Term Loan to Draught Technologies, LLC and SJS Properties, LLC
CHICAGO, June 23 /PRNewswire/ -- Bridge Business Bancorp, an operating division of Bridge Finance Group, provided Draught Technologies, LLC and SJS Properties, LLC (collectively, the "Company") with a $1.98 million SBA 7a term loan to purchase commercial real estate, refinance debt, pay down trade payables and provide working capital....
Articles 2008-06-23
Fitch Rates $34.21MM San Jose Fin Auth, CA Lease Revs, Ser 2008B 'AAA/F1+'
NEW YORK -- Fitch has assigned an 'AAA/F1+' rating to the $34,210,000 City of San Jose Financing Authority lease revenue bonds, Civic Center Garage Refunding Project, series 2008B. the bonds. The rating is based on the rating of a direct-pay letter of credit LOC supporting the bonds and the application...
Articles 2008-06-23
Monitise Americas Wins Cards International Global Award and Named a Finalist for Two Additional Industry Awards
PROVIDENCE, R.I., June 23 /PRNewswire/ -- Monitise Americas, LLC, a mobile financial services company, today announced that it has been named the most promising new entrant for the Cards International Global Awards 2008. The company also received finalist recognition for two industry awards, Cards & Payments Best in Payments,...
Articles 2008-06-23
Deutsche Bank Strengthens Midwest M&A and Corporate Coverage
Randy Kurtz and Frank Oelerich join as Head of Corporate Finance Coverage in the Midwest Region and Head of Midwest M&A, respectively; Charles Denison appointed Chairman of Global Banking in the Midwest Region NEW YORK & CHICAGO -- Deutsche Bank Securities Inc. today announced key hires and appointments...
Articles 2008-06-23
Whitehall Jewelers Files for Chapter 11 Reorganization
CHICAGO -- Whitehall Jewelers Holdings, Inc. (OTCBB:WHJH), announced today that it and its operating subsidiary Whitehall Jewelers, Inc. have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The filings were made today in the U.S. Bankruptcy Court for the District of Delaware. Whitehall plans to...
Articles 2008-06-23
Fitch Rates San Jose Finance Authority's $28MM Lease Revs 'AAA/F1+'
NEW YORK -- Fitch has assigned a 'AAA/F1+' rating to the $27,885,000 City of San Jose Financing Authority lease revenue bonds, Ice Centre Refunding Project, series 2008E. the bonds. The rating is based on the rating of a direct-pay letter of credit LOC supporting the bonds and the application of...
Articles 2008-06-23
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