photo by greenplasticdave
What a difference a year can make:
A year ago...
BofA is in talks to acquire Countrywide at a cost of about $30 billion. Countrywide shares soared 11 per cent after FT.com disclosed a possible alliance and closed up 4.2 per cent at $42.00. BofA shares fell slightly to $52.04.
In the news:
The trade gap widened 9.3% to $63.1 billion in November, the largest deficit since September 2006. Economists surveyed by MarketWatch expected the trade deficit to widen in November to $59.5 billion.
A year ago...
BofA is in talks to acquire Countrywide at a cost of about $30 billion. Countrywide shares soared 11 per cent after FT.com disclosed a possible alliance and closed up 4.2 per cent at $42.00. BofA shares fell slightly to $52.04.
and now...
Bank of America confirmed on Friday it is buying Countrywide Financial in an all share deal that values the struggling home mortgage lender at $4 billion.
In the news:
The trade gap widened 9.3% to $63.1 billion in November, the largest deficit since September 2006. Economists surveyed by MarketWatch expected the trade deficit to widen in November to $59.5 billion.
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