Thursday, May 3, 2007

morning update ... 05 04 2007

-Dutch court order ABN to stop selling LaSalle Bank until shareholders to vote on it. -BOA said to defend its contact because the sale won't be subject to shareholders' approval. -Also sue RBS for interfering the contract. -profit growth outpace revenue growth, -shift from titantic contract to smaller size conctract -improve cost strcuture, moving to less costly overseas -its guidance for next quarter is much lower than estimate, 22 vs 33 cents

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