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World Bank approves $140 million for Myanmar electricity
2013-09-25 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The World Bank's board on Tuesday approved a $140 million interest-free loan to fund a more efficient power plant in Myanmar, as the bank seeks to support reforms in the Southeast Asian country. The World Bank has stepped up its engagement with Myanmar, which is rich in resources but underdeveloped after decades of isolation under military rule. The quasi-civilian government that came to power in 2011 re-engaged with lenders and has started implementing political and economic reforms. Myanmar...
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Sweden Plans to Sell Remaining $3.5 Billion Stake in Nordea Bank
2013-09-24 21:58:10| Appliances - Topix.net
Sweden plans to sell its remaining 7 percent stake in Nordea Bank AB, the Nordic region's largest lender, as part of a broader plan to divest state assets to reduce debt.
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Southwest Airlines Upgraded to Neutral at Bank of America Corp.
2013-09-24 03:25:08| Airlines - Topix.net
Southwest Airlines opened at 14.41 on Monday. Southwest Airlines has a one year low of $8.68 and a one year high of $14.66.
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neutral
Warren Buffett Won't Abandon Bank of America
2013-09-24 00:04:00| Paper - Topix.net
In exchange for a $5 billion investment, which would serve as a vote of confidence in the nation's second largest lender, Berkshire Hathaway Inc. received preferred stock that paid a 6% annual dividend and warrants for 700 million shares of common stock with an exercise price of $7.14 a share, the market price at the time.
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Bank of America Trust Originated Preferred Securities About To Put More Money In Your Pocket
2013-09-24 00:03:59| Paper - Topix.net
On 9/25/13, Bank of America Corp.'s 7% Trust Originated Preferred Securities will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 9/30/13.
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