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Bank Of America Plunges On China Construction Worries
Monday, August 22, 2011 - 3:04pm | 348Bank of America (NYSE: BAC) shares are getting crushed yet again on Monday, after China Construction Bank Corp. said that BAC will retain at least half of its stake in the company. Some investors had been hoping that BAC would divest its entire 10% stake in China Construction in order to raise...