Charlotte Mayor Pat McCrory says he has asked bank regulators working on the outcome of a Wachovia Corp. acquisition to consider the local impact such a deal will have. (WB) (C) (WFC)
Bank of America Corp.’s decision to cut its dividend by 50 percent and raise up to $10 billion in capital was “prudent, ” and the company may be better off in raising the new capital now rather than later, according to Wall Street analysts. (MER) (BAC) (C) (WFC) (WB)
Concord Mills mall will add three retailers to its tenant list this fall.
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