Asset Sales | OTC Capital Partners
Wednesday, February 8, 2012

Exxon narrowly beats, but production falls short

Posted by Reuters: Business News on January 31, 2012

(Reuters) – Exxon Mobil Corp reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales of about $1 billion, but the company’s shares dropped nearly 2 percent as its oil and gas production fell short of estimates.



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Bank of America profit boosted by one-time gains

Posted by Reuters: Business News on January 19, 2012

(Reuters) – Signs of improvement in the economy and gains from asset sales helped Bank of America Corp post a quarterly profit, sending its shares higher on Thursday, but the second-largest U.S. bank still needs more capital and with little left to sell, it is becoming creative.



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BofA mulls more asset sales to boost capital

Posted by Reuters: Business News on December 26, 2011

(Reuters) – Bank of America Corp is lagging behind its major U.S. competitors in complying with new capital rules, leading the bank to consider even more asset sales, sources said.



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AT&T, T-Mobile asset sales talks go cold: report

Posted by Reuters: Business News on December 19, 2011

NEW YORK (Reuters) – Talks over potential asset sales as part of AT&T Inc’s efforts to get approval of its $39 billion purchase of T-Mobile USA have gone cold, according to The Wall Street Journal on Sunday.



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Bank of America profit helped by accounting

Posted by Reuters: Business News on October 18, 2011

CHARLOTTE, North Carolina (Reuters) – Bank of America Corp reported a third-quarter profit, helped by accounting gains and asset sales, though the bank’s main businesses showed signs of weakness as lending profit fell and expenses rose.



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Bank of America lending profit down, expenses rise

Posted by Reuters: Business News on

(Reuters) – Bank of America Corp posted a third-quarter profit on Tuesday, helped by accounting gains and asset sales, but the bank’s main businesses showed signs of weakness as lending profits dropped and expenses rose.



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Bank of America posts profit on asset sales

Posted by Reuters: Business News on

(Reuters) – Bank of America Corp reported higher third-quarter profits due to an accounting gain and a pretax gain on asset sales.



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AXA earnings quadruple on asset sale gains

Posted by Reuters: Business News on August 4, 2011

PARIS (Reuters) – AXA , Europe’s second-biggest insurer, said on Thursday that first-half net income quadrupled, beating forecasts, helped by 1.44 billion euros ($2.05 billion) in one-off gains related to asset sales.



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Most at Fed want rate hikes before asset sales

Posted by Reuters: Business News on May 18, 2011

WASHINGTON (Reuters) – Most Federal Reserve officials prefer to raise benchmark interest rates before selling assets when the time comes to tighten policy, minutes of their April meeting showed on Wednesday.



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AT&T/T-Mobile expected to survive regulatory review

Posted by Reuters: Business News on March 21, 2011

WASHINGTON (Reuters) – AT&T’s planned buy of Deutsche Telekom AG’s T-Mobile USA will face major demands from U.S. regulators, including extensive asset sales and promises to serve rural areas,…



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