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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