FORM 10-Q SECURITIES and EXCHANGE COMMISSION Washington, DC 20549
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FOR IMMEDIATE RELEASE ATR Tuesday, December 9, 1997 (202
FOR IMMEDIATE RELEASE ATR Tuesday, December 9, 1997 (202) 616-2765 TDD (202) 514-1888 JUSTICE DEPARTMENT REACHES RECORD AGREEMENT WITH NATIONSBANK $4.1 BILLION DIVESTITURE LARGEST EVER IN A SINGLE STATE WASHINGTON, D.C. -- Assistant Attorney General Joel I. Klein announced today that the Justice Department has cleared the proposed merger of NationsBank Corporation with Barnett Banks. NationsBank agreed to divest approximately 124 branch offices with total deposits of approximately $4.1 billion. The divestiture becomes the largest bank divestiture ever in a single state and the second largest overall. "With this historic divestiture, the citizens of Florida will continue to reap the benefits of competition," stated Klein, who runs the Department’s Antitrust Division. "This procompetitive result should help to assure that Floridians will receive the lowest rates on loans and the best service for their banking needs." The Antitrust Division’s investigation was conducted jointly with the Florida Attorney General’s Office. The divestitures will occur in 15 areas of Florida: Beverly Hills, Brevard, Columbia, Daytona Beach, Fort Myers, Key Largo, Key West, Marathon, Orlando, Naples, Punta Gorda, Sarasota, Suwannee, Tampa and West Palm Beach. In addition to the divestitures, NationsBank has agreed not to take steps to preclude other financial institutions from leasing or purchasing any bank branches that it may close due to consolidation resulting from this merger. Subject to regulatory approvals, the branches and associated loans and deposits that NationsBank will divest will be sold to one or more competitively suitable buyers. The proposed merger of NationsBank and Barnett Banks is subject to the approval of the Board of Governors of the Federal Reserve System. -
Page 1 of 9 CEO May Be Rethinking Bofa's 'Crown Jewel'
CEO may be rethinking BofA's 'crown jewel' - Daily Report Page 1 of 9 • Law.com Home • Newswire • LawJobs • CLE Center • An incisivemedia website Welcome Megan My Account | Sign Out Get premi 3:17 P.M. EST Subscribe Thursday, February 05, 2009 Rec Home News Sections Court Opinions Court Calendars Public Notices Bench Boo Search Site: help News Articles Court Opinions Court Calendars Public Tuesday, January 13, 2009 Re CEO may be rethinking BofA's 'crown jewel' Lewis faces culture clash with retail bank's acquisition of Merrill Lynch By Edward Robinson, Bloomberg News Al When Kenneth Lewis, chief executive officer of Bank of America Corp., unveiled the acquisition of Merrill Lynch & Co. on Sept. 15, he called its 16,000-strong brokerage group the firm's “crown jewel.” Only a month later, the brokers were rebelling against their new parent. M Members of the Thundering Herd were steamed over the Bank of America • F employment contract they were asked to sign. Merrill was part of an industry • D group that let departing brokers who joined another member firm take their clients • H with them. The contract suggested that Bank of America might not join the group or honor the agreement. • L • E The advisers ridiculed their incoming retail banking bosses as “toaster salesmen” who didn't appreciate the bonds of the broker-client relationship. Some advisers AP threatened to walk, with their customers in tow, before the contract could go into effect, says a Merrill broker with 25 years of experience who requested Courtesy Bloomberg News confidentiality. Kenneth Lewis has been ridiculed by incoming Merrill Lewis, who has never displayed much affection for Wall Street, saw his $40.4 Lynch advisers as a “toaster billion acquisition devolving into a confrontation with the very people he'd praised salesman” who doesn't as Merrill's No. -
Form 10-Q Securities and Exchange
FORM 10-Q SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 (Mark One) (X) Quarterly report pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1997 ( ) Transition report pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 COMMISSION FILE NUMBER: 0-25464 DOLLAR TREE STORES, INC. (Exact name of registrant as specified in its charter) VIRGINIA 54-1387365 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 2555 ELLSMERE AVENUE NORFOLK COMMERCE PARK NORFOLK, VIRGINIA 23513 (Address of principal executives office) TELEPHONE NUMBER (757) 857-4600 (Registrants telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes (X) No ( ) As of August 1, 1997, there were 39,069,207 shares of the Registrant's Common Stock outstanding. DOLLAR TREE STORES, INC. and subsidiaries INDEX PART I. FINANCIAL INFORMATION Page No. ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS: Condensed Consolidated Balance Sheets June 30, 1997 and December 31, 1996................................. 3 Condensed Consolidated Income Statements Three months and six months ended June 30, 1997 and 1996............ 4 Condensed Consolidated Statements of Cash Flows Six months ended June 30, 1997 and 1996............................. 5 Notes to Condensed Consolidated Financial Statements................ -
Case Study of the Bank of America and Merrill Lynch Merger
CASE STUDY OF THE MERGER BETWEEN BANK OF AMERICA AND MERRILL LYNCH Robert J. Rhee† The financial crisis of 2008 has posed innumerable problems in law, policy, and economics. A key event in the history of the financial crisis was Bank of America‟s acquisition of Merrill Lynch. Along with the fire sale of Bear Stearns and the bankruptcy of Lehman Brothers, the rescue of Merrill Lynch confirmed the worst fears about the financial crisis. Before this acquisition, Bank of America had long desired a top tier investment banking business, and Merrill Lynch represented a strategic opportunity to acquire a troubled but premier franchise of significant scale.1 As the financial markets continued to unravel after execution of the merger agreement, this golden opportunity turned into a highly risky gamble. Merrill Lynch was losing money at an astonishing rate, an event sufficient for Bank of America to consider seriously invoking the merger agreement‟s material adverse change clause. 2 The deal ultimately closed, but only after the government threatened to fire Bank of America‟s management and board if the company attempted to terminate the deal. The government took this coercive action to save the financial system from complete collapse. The harm to the financial system from a broken deal, officials feared, would have been unthinkable. The board‟s motivation is less clear. Like many classic corporate law cases, the factors influencing the board and management were complex. This case study examines these complexities, which raise important, unresolved issues in corporate governance and management. In 2008, three major investment banks—Bear Stearns, Lehman Brothers, and Merrill Lynch—collapsed or were acquired under distress, and these events played a large part in triggering the global financial crisis.3 In March, Bear Stearns † Associate Professor of Law, University of Maryland School of Law; J.D., The George Washington University; M.B.A., University of Pennsylvania (Wharton); B.A., University of Chicago. -
In Re: Fleetboston Financial Corporation Securities Litigation 02-CV
Case 2:02-cv-04561-GEB-MCA Document 28 Filed 04/23/2004 Page 1 of 36 NOT FOR PUBLICATION UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW JERSEY Civ. No. 02-4561 (WGB) IN RE FLEETBOSTON FINANCIAL CORPORATION SECURITIES LITIGATION O P I N I O N APPEARANCES: Gary S. Graifman, Esq. Benjamin Benson, Esq. KANTROWITZ, GOLDHAMER & GRAIFMAN 210 Summit Avenue Montvale, New Jersey 07645 Liaison Counsel for Plaintiffs Samuel H. Rudman, Esq. CAULEY GELLER BOWMAN & COATES, LLP 200 Broadhollow Road, Suite 406 Melville, NY 11747 Co-Lead Counsel for Plaintiffs Joseph H. Weiss, Esq. WEISS & YOURMAN 551 Fifth Avenue, Suite 1600 New York, New York 10176 Co-Lead Counsel for Plaintiffs Jules Brody, Esq. Howard T. Longman, Esq. STULL, STULL & BRODY 6 East 45 th Street New York, New York 10017 Co-Lead Counsel for Plaintiffs 1 Case 2:02-cv-04561-GEB-MCA Document 28 Filed 04/23/2004 Page 2 of 36 David M. Meisels, Esq. HERRICK, FEINSTEIN LLP 2 Penn Plaza Newark, NJ 07105-2245 Mitchell Lowenthal, Esq. Jeffrey Rosenthal, Esq. CLEARY, GOTTLIEB, STEEN & HAMILTON One Liberty Plaza New York, NY 10006 Attorneys for Defendants BASSLER, DISTRICT JUDGE: This is a putative securities class action brought on behalf of all persons or entities except Defendants, who exchanged shares of Summit Bancorp (“Summit”) common stock for shares of FleetBoston Financial Corporation (“FBF”) common stock in connection with the merger between FBF and Summit. Defendants FBF and the individual Defendants 1 (collectively “Defendants”) move to dismiss Plaintiffs’ Consolidated Amended Complaint (“the Amended Complaint”) pursuant to Federal Rule of Civil Procedure Rule 12(b)(6). -
Zerohack Zer0pwn Youranonnews Yevgeniy Anikin Yes Men
Zerohack Zer0Pwn YourAnonNews Yevgeniy Anikin Yes Men YamaTough Xtreme x-Leader xenu xen0nymous www.oem.com.mx www.nytimes.com/pages/world/asia/index.html www.informador.com.mx www.futuregov.asia www.cronica.com.mx www.asiapacificsecuritymagazine.com Worm Wolfy Withdrawal* WillyFoReal Wikileaks IRC 88.80.16.13/9999 IRC Channel WikiLeaks WiiSpellWhy whitekidney Wells Fargo weed WallRoad w0rmware Vulnerability Vladislav Khorokhorin Visa Inc. Virus Virgin Islands "Viewpointe Archive Services, LLC" Versability Verizon Venezuela Vegas Vatican City USB US Trust US Bankcorp Uruguay Uran0n unusedcrayon United Kingdom UnicormCr3w unfittoprint unelected.org UndisclosedAnon Ukraine UGNazi ua_musti_1905 U.S. Bankcorp TYLER Turkey trosec113 Trojan Horse Trojan Trivette TriCk Tribalzer0 Transnistria transaction Traitor traffic court Tradecraft Trade Secrets "Total System Services, Inc." Topiary Top Secret Tom Stracener TibitXimer Thumb Drive Thomson Reuters TheWikiBoat thepeoplescause the_infecti0n The Unknowns The UnderTaker The Syrian electronic army The Jokerhack Thailand ThaCosmo th3j35t3r testeux1 TEST Telecomix TehWongZ Teddy Bigglesworth TeaMp0isoN TeamHav0k Team Ghost Shell Team Digi7al tdl4 taxes TARP tango down Tampa Tammy Shapiro Taiwan Tabu T0x1c t0wN T.A.R.P. Syrian Electronic Army syndiv Symantec Corporation Switzerland Swingers Club SWIFT Sweden Swan SwaggSec Swagg Security "SunGard Data Systems, Inc." Stuxnet Stringer Streamroller Stole* Sterlok SteelAnne st0rm SQLi Spyware Spying Spydevilz Spy Camera Sposed Spook Spoofing Splendide -
CRA Decision #94 June 1999
Comptroller of the Currency Administrator of National Banks Washington, D.C. CRA Decision #94 June 1999 DECISION OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY ON THE APPLICATION TO MERGE BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, SAN FRANCISCO, CALIFORNIA, AND NATIONSBANK, NATIONAL ASSOCIATION, CHARLOTTE, NORTH CAROLINA May 20, 1999 _____________________________________________________________________________ I. INTRODUCTION On December 28, 1998, Bank of America National Trust and Savings Association (“BANTSA”), San Francisco, California, and NationsBank, National Association, Charlotte, North Carolina (“NationsBank”), applied to the Office of the Comptroller of the Currency ("OCC") for approval to merge NationsBank with and into BANTSA under BANTSA’s charter under 12 U.S.C. §§ 215a-1, 1828(c) and 1831u (the “Merger”). The resulting bank will be named “Bank of America, National Association” (“BofA-Resulting”) and will have its main office in Charlotte, North Carolina.1 Both banks are insured banks. BANTSA has its main office in California and, at the proposed consummation date for the Merger, will operate branches in California, Washington, Oregon, Idaho, Nevada, Arizona, Illinois, New York, and Florida.2 NationsBank has its main office in North Carolina and operates branches in North Carolina, South Carolina, Virginia, Maryland, the District of Columbia, Georgia, Florida, Tennessee, Illinois, 1 This application is part of the process of combining the banking operations of the subsidiary banks of the recently formed Bank of America Corporation (“New BAC”). NationsBank Corporation, Charlotte, North Carolina, merged with the former BankAmerica Corporation (“BankAmerica”), San Francisco, California. The resulting holding company is named Bank of America Corporation and is headquartered in Charlotte, North Carolina. -
Staff Study 174
Board of Governors of the Federal Reserve System Staff Study 174 Bank Mergers and Banking Structure in the United States, 1980–98 Stephen A. Rhoades August 2000 The following list includes all the staff studies published 171. The Cost of Bank Regulation: A Review of the Evidence, since November 1995. Single copies are available free of by Gregory Elliehausen. April 1998. 35 pp. charge from Publications Services, Board of Governors of 172. Using Subordinated Debt as an Instrument of Market the Federal Reserve System, Washington, DC 20551. To be Discipline, by Federal Reserve System Study Group on added to the mailing list or to obtain a list of earlier staff Subordinated Notes and Debentures. December 1999. studies, please contact Publications Services. 69 pp. 168. The Economics of the Private Equity Market, by 173. Improving Public Disclosure in Banking, by Federal George W. Fenn, Nellie Liang, and Stephen Prowse. Reserve System Study Group on Disclosure. November 1995. 69 pp. March 2000. 35 pp. 169. Bank Mergers and Industrywide Structure, 1980–94, 174. Bank Mergers and Banking Structure in the United States, by Stephen A. Rhoades. January 1996. 29 pp. 1980–98, by Stephen A. Rhoades. August 2000. 33 pp. 170. The Cost of Implementing Consumer Financial Regula- tions: An Analysis of Experience with the Truth in Savings Act, by Gregory Elliehausen and Barbara R. Lowrey. December 1997. 17 pp. The staff members of the Board of Governors of the The following paper is summarized in the Bulletin Federal Reserve System and of the Federal Reserve Banks for September 2000. The analyses and conclusions set forth undertake studies that cover a wide range of economic and are those of the author and do not necessarily indicate financial subjects. -
An Attempt to Legalize Hemp Farming in Tennessee Is Getting Pushback, Despite Its Economic Potential
TENNESSEE TITANS Deja vu all over again Neil O’Donnell explains what Fitzpatrick faces taking over at QB. ENTER Murphy’sTAINMENT law: P17 Nashville Hoops over U2 From Elvis to The Boss, the MTSU venue has seen some DaviDson • Williamson • sUmnER • ChEatham • Wilson RUthERFoRD • R great acts. But that was then. Ledger Brian Patterson Photos / shutterstock.com P16 oBERtson • maURY • DiCkson • montGomERY | October 4 – 10, 2013 www.nashvilleledger.com The power of information. Vol. 39 | Issue 40 F oR mer lY WESTVIEW sinCE 1978 An attempt to legalize hemp Page 13 farming in Tennessee is getting pushback, despite Dec.: Dec.: Keith Turner, Ratliff, Jeanan Mills Stuart, Resp.: Kimberly Dawn Wallace, Atty: Mary C Lagrone, 08/24/2010, 10P1318 its economic potential In re: Jeanan Mills Stuart, Princess Angela Gates, Jeanan Mills Stuart, Princess Angela Gates,Dec.: Resp.: Kim Prince Patrick, Angelo Terry Patrick, Gates, Atty: Monica D Edwards, 08/25/2010, 10P1326 In re: Keith Turner, TN Dept Of Correction, www.westviewonline.com TN Dept Of Correction, Resp.: Johnny Moore,Dec.: Melinda Atty: Bryce L Tomlinson, Coatney, Resp.: Pltf(s): Rodney A Hall, Pltf Atty(s): n/a, 08/27/2010, 10P1336 In re: Kim Patrick, Terry Patrick, Pltf(s): Sandra Heavilon, Resp.: Jewell Tinnon, Atty: Ronald Andre Stewart, 08/24/2010,Dec.: Seton Corp 10P1322 Insurance Company, Dec.: Regions Bank, Resp.: Leigh A Collins, In re: Melinda L Tomlinson, Def(s): Jit Steel Transport Inc, National Fire Insurance Company, Elizabeth D Hale, Atty: William Warner McNeilly, 08/24/2010, Def Atty(s): J Brent Moore, 08/26/2010, 10C3316 10P1321 Dec.: Amy In Tennessee, the idea of hemp is hot. -
These Are the Media Networks Which Has a 90% Approval Rate. We Are
These are the media networks which has a 90% approval rate. We are quite certain that we can place your press release(provided its under the guidelines) to all these sites. 1. Newsday Media Group 2. The Boston Globe 3. The International Business Times 4. The San Francisco Chronicle 5. The Star Tribune 6. Business Insider 7. Houston Chronicle 8. Daily Herald 9. CBS News 10. The Miami Herald 11. The San Jose Mercury News 12. The Sun News 13. The Kansas City Star 14. WCCO-TV Minneapolis 15. United Press International (UPI) 16. Star-Telegram.com 17. CBS Chicago 18. CBS Baltimore 19. The Columbus Dispatch 20. The News & Observer 21. WRAL.com 22. StreetInsider.com, Inc. 23. Contra Costa Times 24. El Nuevo Herald 25. The Olympian 26. NewsOK 27. The Daily Breeze 28. Minyanville Media 29. The Sacramento Bee 30. The Press-Enterprise 31. El Paso Times 32. The Long Beach Press-Telegram 33. Breaking Media 34. The Lexington Herald-Leader 35. The Time Union 36. The Los Angeles Daily News 37. The Wichita Eagle 38. Remark Media 39. The Sun Herald 40. Pasadena Star-News 41. Minnesota Public Radio News 42. The Anchorage Daily News 43. AFB Media LLC 44. The News Tribune 45. Bay Area News Group 46. The Bellingham Herald 47. Whittier Daily News 48. Centre Daily Times 49. The State 50. The San Diego Union-Tribune 51. The Buffalo News 52. Best Growth Stock LLC 53. San Gabriel Valley Tribune 54. Redlands Daily Facts 55. Scripps Interactive Newspapers Group 56. Digital Media Wire, Inc 57. -
Actions Ofthe Board, Its Staff, and the Federal Reserve Banks: Applications and Reports Received
----~=~ ~ --- -~====== Federal Reserve Release H.2 Actions ofthe Board, Its Staff, and the Federal Reserve Banks: Applications and Reports Received No. 41 Week Ending October 11, 1997 1" ; Board o/Governors o/the Federal Reserve System, Washington, DC 20551 No. 41 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS to Bank: examination and supervision systems -- statement by Governor Phillips before the House Subcommittee on Financial Institutions and Consumer Credit of the House Banking and Financial Services Committee, October 8, 1997. - Authorized, October 6, 1997 Economic developments affecting the fiscal position ofthe United States. - statement by Chairman Greenspan before the House Committee on the Budget, October 8, 1997. - Published, October 8, 1997 BANK HOLDING COMPANIES Barnett Banks, Inc., Jacksonville, Florida; BB&T Corporation, Winston-Salem, North Carolina; Central Fidelity Banks, Inc., Richmond, Virginia; Crestar Financial Corporation, Richmond; First American Corporation, Nashville, Tennessee; First Citizens BancShares, Inc., Raleigh, North Carolina; First Union Corporation, Charlotte, North Carolina; First Virginia Banks, Inc., Falls Church, Virginia; Jefferson Bankshares, Inc., Charlottesville, Virginia; NationsBank Corporation, Charlotte, North Carolina; Riggs National Corporation, Washington, D.C.; Signet Banking Corporation, Richmond, Virginia; SunTrust Banks, Inc., Atlanta, Georgia; SynoVlls Financial Corporation, Columbus, Georgia; and Wachovia Corporation, Winston-Salem, North Carolina -- to acquire Monetary Transfer System, L.L.C., St. Louis, Missouri, and engage in data processing services through Honor Technologies, Inc., Maitland, Florida. - Approved, October 6, 1997 BANKS, STATE MEMBER Centura Bank, Rocky Mount, North Carolina -- to acquire five branches of NationsBank, N.A., Charlotte, North Carolina, and to establish branches at those locations. - Approved, October 6, 1997 BOARD OPERATIONS Budget objective for 1998 and 1999. -
200327 O01t 991264.Pdf
IN THE UNITED STATES COURT OF APPEALS FOR THE EIGHTH CIRCUI T IN RE BANK AMERICA CORPORATION SECURITIES LITIGATION CAROL MACKAY, Appellant, vs . Appeal No . 02-3783 HUGH McCOLL, et al ., Appeal from the Eastern District of Missouri Appellees. MOTION TO SUPPLEMENT THE RECORD ON APPEA L Comes now Carol Mackay, executrix for the Estate of Joseph I . Sir, deceased, appellant in the above-referenced matter, and under the authority of Fed.R.App .P. Rule 10(e), respectfully move s this Court for an Order, allowing for the Record on Appeal to be supplemented, if deemed necessary, and as grounds shows unto the Court the following : 1 . This appeal arises from the district court's Order approving a class action se ttlement regarding the shareholders of NationsBank and Bank of America . 2. The Notice of the Settlement was sent out to the shareholders and, in part, provide d for comments and objections to the Settlement to be heard at a scheduled fairness hearing . 3 . Carol Mackay, executrix for the Estate of Joseph I . Sir, deceased , through her counsel , filed objections to the Settlement, a motion to intervene, and a proposed complaint in intervention . 4. In the motion to intervene, counsel represented to the district court that Carol Mackay , in her representative capacity, was a shareholder in NationsBank prior to the merger . That was the only proof offered of membership in the class . The district court accepted her status as a clas s member and granted her motion to intervene . Appellees have not appealed that Order . 5. Appellees now seek to dismiss this appeal based upon the fact that no proof wa s provided of either Carol Mackay's appointment as executrix for the Estate of Joseph I .