Eric T. Miller, the longtime chief strategist for Donaldson Lufkin & Jenrette who called the stock- market bottom in 1982 and became a go-to analyst of the bull market that followed, has died. He was 85.
Bank of America Corp., the second- biggest U.S. lender, can improve results by about $4 billion per quarter as expenses subside and trading rebounds, said Thomas Brown, chief executive officer of Second Curve Capital LLC.
Nouriel Roubini and Meredith Whitney are ignoring bank valuation in their forecasts for the sector, according to Thomas Brown , chief executive officer at Second Curve Capital LLC, a New York hedge fund.
Thomas Brown, chief executive officer of Second Curve Capital LLC, said it’s not too late to purchase shares of Bank of America Corp. and other lenders after U.S. financial-industry stocks rallied this year.
July 17 (Bloomberg) -- Thomas Brown, chief executive officer of Second Curve Capital LLC in New York and a Bloomberg contributing editor talks via telephone with Bloomberg's Betty Liu about Goldman Sachs second-quarter results. He speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Dow Chemical Co., the largest U.S. chemical maker by sales, said an arbitration panel ruled Kuwait must pay $2.16 billion in damages because it canceled a 2008 agreement to buy a stake in the company’s plastics business.