M&T Bank Corporation (NYSE:MTB) To Settle Wilmington Trust Co.’s $18.5 Million Loan Issues

Boston, MA 09/12/2014 (wallstreetpr) – M&T Bank Corporation (NYSE:MTB) unit Wilmington Trust Co. has concurred paying $18.5 million to resolve U.S. regulatory charges over accusations that the bank did not report unpaid construction loans. Improper Conduct The Securities and Exchange Commission today claimed that Wilmington Trust failed to report the authorities about loans worth $669 […]

eBay Inc (NASDAQ:EBAY) To Launch Mobile Advertising In Q4 2014

Boston, MA 09/12/2014 (wallstreetpr) – Considering the fact that consumers are shifting more towards mobile devices like tablets and smartphones, eBay Inc (NASDAQ:EBAY) announced that it will kick off advertisements on the mobile app from fourth quarter onwards. The company plans to make eBay a rapidly growing and highly attracted e-commerce market for ads on […]

Berkshire Hathaway Inc. (NYSE:BRK.B)’S CEO, Warren Buffett Settled On Penalty Of $896,000 To Resolve HSR Act Violation

Boston, MA 08/22/2214 (wallstreetpr) –The U.S. based holding company Berkshire Hathaway Inc. (NYSE:BRK.B)‘s Chairman and Chief Executive officer has settled with the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) to pay $896,000 on HSR Act violation. CEO agreed to pay a penalty: The CEO, Warren Buffett has made his mind pay the […]

Two Senior Executives of American International Group Inc. (NYSE:AIG) Decides To Render Services to Berkshire Hathaway Inc. (NYSE:BRK.A)

Boston, MA 08/13/2014 (wallstreetpr) – People haven’t been able to trust insurance companies since 2009 when recession took place, and a lot of insurance companies became bankrupt. Although a decent return and security are guaranteed by the company, but still people don’t want to invest in insurance products. Because of this passive behavior from public, […]

Berkshire Hathaway Inc. (NYSE:BRK.A) & Berkshire Hathaway Inc. (NYSE:BRK.B): One Important Lesson That Warren Buffett Taught

Boston, MA 06/16/2014 (wallstreetpr) – Back in 2001, Warren Buffett had addressed in his letter to shareholders of Berkshire Hathaway Inc. (NYSE:BRK.A) and Berkshire Hathaway Inc. (NYSE:BRK.B), “I will tell you now that we have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.” […]