Tagged: Bloomberg

VIDEO: BofA Said to Near $16B-$17B Mortgage Settlement 7
07
Aug
2014

VIDEO: BofA Said to Near $16B-$17B Mortgage Settlement

Aug. 6 (Bloomberg) — Bank of America is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and $17 billion to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis, a person familiar with the matter said....

VIDEO: Berkshire Profit Jumps to Record $6.4B 8
02
Aug
2014

VIDEO: Berkshire Profit Jumps to Record $6.4B

Aug. 1 (Bloomberg) — Warren Buffetts Berkshire Hathaway said second-quarter profit rose 41 percent to a record on investments, including a gain tied to the exit of most of his stake in the former publisher of the Washington Post. Cory Johnson has the numbers on “Taking Stock.” (Source: Bloomberg)

VIDEO: Yahoo's Second-Quarter Revenue Misses Estimates 11
16
Jul
2014

VIDEO: Yahoo’s Second-Quarter Revenue Misses Estimates

July 15 (Bloomberg) — Yahoo reported revenue, excluding that passed onto partner sites, of $1.04 billion, down from $1.07 billion a year earlier, the company said in a statement today. That compared with analysts average estimate of $1.09 billion, according to data compiled by Bloomberg. Julie Hyman reports on “Street...

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