BofA's Moynihan Cost Cuts Effective, Orenbuch Says

July 18 (Bloomberg) -- Moshe Orenbuch, an analyst at Credit Suisse Group AG, talks about Bank of America Corp. second-quarter earnings released today. Net income was $2.46 billion, or 19 cents a share, compared with the year-earlier record loss of $8.83 billion, or 90 cents a share. Orenbuch speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Inside SABMiller's Rejection of AB InBev Offer
15:21 - SABMiller Plc rejected an informal takeover offer fromAnheuser-Busch InBev NV of about 66.4 billion pounds ($100 billion) that it considered too low, according to people familiar with the matter. Bloomberg's Jeffrey McCracken reports on "Bloomberg Markets." (Source: Bloomberg)
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