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Thursday, December 24 2009 | 03:19 EDT |

DJIA (DIA) S&P 500 (SPY)

Market Currents

Thursday, May 14, 2009

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Bank of America (BAC) unloads 13.5B shares, or a nearly 6% stake, in China Construction Bank, giving it another $7.3B with which to weather the financial storm. Buyers include China Life Insurance Company (LFC). After the sale, BofA still owns about 11% of CCB's shares.

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