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BofA to start reducing mortgage principalCHARLOTTE, N.C. — Bank of America Corp. is giving some of its most troubled mortgage borrowers relief from the threat of foreclosure.
MF Global shares climb on Corzine CEO appointment
AP tally shows MetLife CEO's 2009 pay fell 20 pct
Jordan taking patient approach in Charlotte
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- Despite pressure from black activists, black support for Obama’s race-neutral stance is high
- Interest rates rise as stocks retreat on growing concerns over Greece’s debt crisis
- Michael Jordan wants Charlotte “to experience winning” while discussing buying Bobcats
- Interest rates rise after inflation, weekly jobless claims, economic indicators reports
- Bank of America CEO Moynihan addresses compensation, shareholders concerns, in annual letter
- Interest rates steady after US inflation data, reaffirmation of low rates in US, overseas
- Michael Jordan’ ownership bid of Bobcats gets unanimous OK by NBA Board of Governors
- Interest rates fall after the Federal Reserve keeps key lending rate at historic lows
- Chelsea Therapeutics’ 4th-quarter loss narrows on lower operating costs
- AIG aircraft unit’s loan sales garner demand; to provide add’l funding ahead of possible sale
- Interest rates mixed investors despite strength in gov’t auction of $40M in three-year notes
- Aflac CEO Daniel Amos receives compensation package worth nearly $13.2 million in 2009
- AIG deals with insurers take No. 1 and No. 5 spots so far in 2010 globally, says Dealogic
- AIG raises $15.5 in sale of Alico insurance unit to MetLife, will use proceeds to repay govt
- Jackson, Wallace help Bobcats send Kobe, Lakers to 2nd straight loss, 98-83
- Regulators shut down banks in 4 states, making 26 US bank failures this year
- Interest rates rise in bond market on stronger-than-expected jobs report for February
- Chesley ‘Sully’ Sullenberger, ‘Miracle on the Hudson’ pilot, retires after 30 years
- Mavericks beat Bobcats 89-84 for 8th straight win; Jordan 0-1 since agreeing to buy team
- Bobcats owner-to-be Michael Jordan attends shootaround, loses 2 games of H-O-R-S-E
- Michael Jordan faces stiff challenges after agreeing to buy the Charlotte Bobcats
- NBA commissioner David Stern expects Michael Jordan to be approved as owner of Bobcats
- Michael Jordan reaches deal to buy controlling interest in Charlotte Bobcats from Bob Johnson
- APNewsBreak: Michael Jordan reaches deal to buy controlling interest in Charlotte Bobcats
- SPX says it completed acquisition of food processing technology company Gerstenberg Schroder
- Interest rates fall after GDP is revised higher but home sales fall; Treasurys demand higher
- Insurer AIG narrows 4th-qtr loss, as it continues restructuring, paying back government loan
- Insurer AIG expected to post 4th-quarter loss, investors seek bailout fund update
- Interest rates mixed as Bernanke testimony to Congress, housing data, 5-year notes sale
- Sonic Automotive reports 4th-quarter profit lifted by new, used vehicle sales
- Panthers won’t franchise Peppers; 5-time Pro Bowl DE will become unrestricted free agent
- Allstate to pay a quarterly dividend of 20 cents
- Interest rates fall after disappointing consumer confidence data, 2-year notes sale
- Bank of America shareholders approve increasing share count to cover TARP repayment
- Interest rates mixed after Fed official affirms plans to keep rates low, 30-year TIPS sale
- Bank of America hires 2 former Merrill Lynch executives to join global banking operations
- Interest rates fall as some questions about European debt problems
- Interest rates little changed as traders return to stocks, questions ease about European debt
- Greece’s debt crisis, China’s bank curbs: What other surprises might rattle the market?
- Duke Energy fourth quarter increased by 5 percent as cost cuts offset weak demand
- Bobcats forward Gerald Wallace takes long, difficult path to first NBA All-Star game
- Allstate posts 4th-quarter profit above estimates, reduces investment losses
- Albany’s AHL team to move to Charlotte; Hurricanes get top minor-league affiliate in NC
- Lance Inc. 4Q profit rises 47 percent, 2009 net income doubles as ingredient costs fall
- Insurer Hartford spent $520,000 in fourth quarter lobbying federal government
- Insurer Travelers spent $1.66 million in fourth quarter lobbying federal government
- Insurer Allstate expected to post 4th-quarter profit helped by investment improvements
- KeyBank spent $30,000 in fourth quarter lobbying federal government
- PNC Bank spent $60,000 in fourth quarter lobbying federal government
- Hartford Financial posts 4th-quarter profit, beats estimates, provides 2010 outlook
- Treasurys continue to rally as interest rates fall on concerns about global economy
- Treasurys rally as interest rates fall on renewed concerns about global economic recovery
- BNY Mellon buys PNC global investment services business for $2.3B; PNC pays back bailout money
- MetLife earnings fall 70 percent as claims increase; In talks to buy insurance unit from AIG
- BNY Mellon to buy PNC global investment services business for $2.31 billion
- Life insurer MetLife expected to turn profit in 4th quarter, could seek acquisition
- Agent: Panthers ignoring Julius Peppers; expects 5-time Pro Bowl DE to leave in free agency
- Interest rates fall as GDP data leaves concerns on economy’s ability to sustain growth
- Bank of America CEO Moynihan to receive $950,000 a year, reportedly a 19pct increase
- Analyst says Obama speech ‘positive’ for banks; sector sees modest gains even as markets slide
- Report: Bank of America CEO Moynihan to receive 19 percent raise to $950,000 a year
- E-Trade Financial loss narrows, helped by lower provisions for loan losses
- Steelmaker Nucor 4th-qtr profit tumbles 44 pct on soft demand for construction products
- Travelers posts higher 4th-qtr profit on no catastrophe costs, higher investments
- PNC 4Q profit rises on BlackRock acquisition gain; bank sets aside more money for loan losses
- Carlisle Companies combines transmission belt, tire and wheel businesses
- US Bancorp 4Q profit and revenue beat expectations, but write-offs for bad loans still rising
- Bank of America loses $5.2 billion as it repays bailout money
- Insurer MetLife reportedly in talks to buy AIG’s Alico unit for $14B-$15B
- Interest rates rise in bond market as Treasury prices fall; Investors follow rebound in stocks
- Cato lifts 4th-quarter guidance after key sales comparison rises 7 percent in December
- Duke Energy declares 24 cent dividend payable on March 16
- Investors hoping for January effect to lift stocks, set tone for another winning year
- Insurer AIG will use common stock value for 2009 grants for top executives
- Treasury prices fall as unemployment claims fall unexpectedly, 2009 comes to a close
- AIG’s general counsel Anastasia Kelly resigns, states federal pay restrictions as reason
- Piedmont Natural Gas posts 11 percent gain in fiscal year profit
- Mortgage and financial servicing firm Zenta plans to add about 1,000 jobs in North Carolina
- Piedmont Natural Gas declares quarterly dividend of 27 cents, payable Jan. 15
- Cogdell Spencer to pay 10-cent dividend on Jan. 21 to holders of record Dec. 31
- Goodrich completes $375 million purchase of aircraft sensor maker AIS Global Holdings
- New CEO of Bank of America faces tests over Merrill Lynch purchase, appeasing regulators
- BofA’s consumer banking chief claims top spot at largest US bank as Lewis prepares to depart
- Bank of America names retail banking head Brian Moynihan as new CEO to succeed Ken Lewis
- Nucor says it should break even, if not turn its first quarterly profit for 2009
- Investors set to break down Fed’s comments, continue questioning when interest rates will rise
- Regulators closes banks in Fla., Ariz., Kans., bringing total US failures to 133 this year
- Bank of America completes TARP payback, freeing itself from government pay restrictions
- JPMorgan CEO Dimon says expect additional losses on credit cards and home loans in 2010
- Bank of America’s board meeting to discuss replacement for CEO Lewis
- Cato board declares quarterly dividend of 16.5 cent per share to be paid Jan. 4
- Bank of America CEO job becomes more appealing to candidates after TARP repayment plan
- Steel manufacturer Nucor lifts regular quarterly dividend to 36 cents
- Bank of America may need more time for CEO search, Lewis could remain into 2010
- Bobcats acquire disgruntled Stephen Jackson from Warriors in 4-player deal
