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December 09, 2006
Bank Of America To Buy Barclays?
Although trading was fairly quiet on Friday given the importance of the day’s economic releases, equity prices rallied modestly on a dollar rally spurred on by the encouraging employment report and comments from U.S. Treasury Secretary Henry Paulson. Treasury and commodities prices fell mildly on the news, but stocks continued to be supported by rumors and news in corporate finance. Analysts speculated about a possible bid for Barclays by Bank of America, and an IPO from apparel-maker Heelys traded significantly higher than its opening price.
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Posted on December 9, 2006 08:41 PM by bank o650.
Filed in Money in the Bank under bank of america.
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