According to the CEO of Bank of America Corp, Brian Moynihan they can generate a consistent profit in the future Federal Reserve stress test. The legacy mortgage business: The Bank of America Corp, being the second largest U.S bank, in…
American International Group, the insurer declared to sell 90% stake of its plane leasing unit to New china Trust Co. The investors associated with it in the deal are new china life insurance Co, P3 investment Ltd, ICBC international and…
Investors of online coupon provider Groupon Inc had a Gala time when the share price increased by 23% in New York to close at $4.69, due to the speculation in market of internet giant Google Inc considering buying the company.…
John Chamber, The chief Executive officer of Cisco Systems, affirmed the company’s long term revenue growth of 5% to 7% as he focused on expanding the software and services segment to lessening on depending on routers and switches. The story…
Wal-Mart Stores, Inc. (NYSE:WMT) Fired a U.S supplier having a 20 year relationship with the world’s largest retailer after a Bangladesh factory burnt last month. The Wal-Mart Stores: The supplier named Success Apparel mention its ignorance about the matter that…
